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And so has the way of monetizing them, it seems.

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.

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.

And Ambassador Terry Branstad said on Tuesday that the US and China are still not close to resolving trade frictions that threaten soybeans as well as other US agricultural products, from beef to sorghum. Speaking at a conference in Tokyo, he said the two sides are "still very far apart".

And the Broadway League, the national trade association for the Broadway theater industry, said that Broadway performances will be suspended through the remainder of 2020 due to COVID-19. Broadway theaters are offering refunds and exchanges for tickets purchased for all performances through Jan 3, 2021, the association said Tuesday.