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Analysts said China has been making practical efforts to prevent war on the peninsula after the nuclear test conducted on Sunday by the Democratic People’s Republic of Korea.

Analysts estimate that Apple cut orders to Foxconn by 20 to 30 percent earlier this month, mainly due to weak demand for the iPhone XR and XS Max.

And Three said that a ban on the company would significantly delay the UK launch of 5G.

Analysts from China International Capital Corporation Limited wrote in a note that the reverse repos will be able to give enough room to financial institutions in terms of providing support to the micro and small-sized enterprises and privately owned companies.

And by holding the event, Beijing has once again demonstrated its firm belief in free trade and an open global economy, as well as its rock-solid determination to further open up its market to the wider world.