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Andrew Cheung Kui-nung (left), the chief justice-designate of the Court of Final Appeal of Hong Kong, walks with incumbent Chief Justice Geoffrey Ma Tao-li on March 24, 2020 outside the CFA building. [PHOTO PROVIDED TO CHINA DAILY]

Analysts said currently only small and medium-sized hydropower projects remain untapped in China, which leaves less room for growth.

Analysis by the institute found that poor rural families are usually large, with multiple seniors and children to support.

Analysts believe the moves were made to stabilize market expectations as liquidity demand could increase due to taxes and required reserves as well as more maturing securities.

And for a time, they were happy to cut checks to service the computing needs of exploding companies that valued user growth above all else. The up-front costs of building a tech business were much lower than what dot-com era investors needed to invest into promising companies, and as a bonus you didn’t have to figure out what to do with the servers when those investments failed.