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And they rise everywhere. A 29.58-sq-m flat in Hangzhou, Zhejiang province, was sold for 3 million yuan last November. That's 100,000 yuan per sq m, Zhejiang Online reported.

Analysts attributed the move to alleviated pressure on fund supply in the money market.

Analysts said the weak data may prompt the Federal Reserve to consider further reducing interest rates.

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]

And so that’s why you see this. It’s a profound problem across local newspapers all around the country and in fact the world. So I had to do some soul searching and I said, is this something I want to get involved in? If I’m going to do it, I’m going to put some heart into it and some work into it. I decided I would only do that if I really believed it was an important institution. I said to myself, if this were a financially upside down salty snack food company, the answer would be no. But as soon as I started thinking about that way, I was like, this is an important institution. It is the newspaper in the capital city of the most important country in the world. The Washington Post has an incredibly important role to play in this democracy. There’s just no doubt in mind about that.