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"China imports a large amount of consumer products, so if the yuan depreciates, the country will have a problem of imported inflation, which means inflation due to higher prices for imports. Moreover, as many top Chinese companies have issued debts overseas, any yuan depreciation will trigger an increase in their debt levels," he said.

"COVID-19 was Trump's biggest test. He failed miserably," she said.

"By the beginning of next year, we have to sell lots of 60-inch and 70-inch TVs, which are only sold in China or the US," he said. "For the sake of the company, we have to get big very quickly to support all the glass."

"Buying a lot of snacks makes me happy, which gives me satisfaction in abundance," Zhao said.

"But, the improvement has been limited. Investors are still concerned about default risks of private enterprises," he said.