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Andy Wang (left), CEO of StarTimes Kenya, exchange signed agreements with Dr Naim Bilal (right), the managing director of Kenya Broadcasting Corporation in Nairobi, Kenya, on Oct 19, 2019. [Edith Mutethya/China Daily]

An ongoing battle between two major air-conditioner manufacturers is heating up as a key retail promotion gala approaches on Tuesday.

Analysts in Washington and beyond expressed their cautious optimism about a fresh round of trade talks between China and the US — at the vice-ministerial level, as Wall Street reacted positively on Thursday to the news.

And event management companies and their cousins are making hay while the nuptial sun shines, offering additional activities like scuba diving, parachute jumping, rock-climbing, cliff-crawling, round-the-island helicopter flights.

Analysts expected the PBOC to cut the LPR by 20 basis points, or 0.2 percentage points, later this month, to guide a further reduction of financing costs for smaller companies. The one-year LPR now is at 4.05 percent.