Values have shrunken to fantastic levels; taxes have risen, our ability to pay has fallen; ;;; government of all kinds is faced by serious curtailment of income; ; the means of exchange are frozen in the currents of trade; ; the withered leaves of industrial enterprise lie on every side; ; farmers find no markets for their produce, and the savings of many years and thousands of families are gone.
But you want to minimize disruption of circadian rhythms and the curtailment of sleep as much as possible.
The relaxation is likely to hit frothy thermal coal prices, Fitch Ratings said in a note on Thursday: The strong pricing rebound since early 2016 is unlikely to be sustained as the Chinese government relaxes its working-day curtailment policies to manage prices.
"When Stock Connect was about to start, the expectation was there would be less demand for quotas, but we've seen no curtailment yet," says Michael Chan, head of BNY Mellon's Asia-Pacific asset servicing business.
