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As consumers and readers, we’re not dummies. We don’t want an impoverished reading experience. We don’t want a cracked plastic case and a blurry screen—which, sadly, is what many e-readers offered, especially in the boom years between 2007 and 2012 when everyone seemed to be trying to sell a budget e-reader. For good or for bad, we define ourselves in many ways by the gadgets we use and the clothes we wear. We don’t want to surround ourselves with cheap products. Nobody really aspires to that. We also don’t want to pay for a diamond-encrusted e-reader. We don’t need bling; we just need to feel like the design speaks to us.

As President Xi mentioned at the 19th CPC National Congress, China should focus on innovation and aim for cutting-edge technology. From my perspective, it takes time to achieve this goal. To leverage the expertise from countries, China can accelerate this progress with regard to intellectual property rights.

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As for the second, China's A shares historically have exhibited low correlations with the rest of the world. From December 2008 to April 2019, the MSCI China A Index's correlation to the MSCI ACWI Index, MSCI's flagship global equity index, was roughly 40 percent, much lower than any other major MSCI regional indexes.

As The New York Times reports today, bookseller Barnes & Noble responded to the exclusive deal by yanking titles from DC Comics from its physical shelves.