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Unexpected rate shocks such as those that would be triggered by the PRC’s recommended rates would narrow marketers’ choices. Moreover, this kind of disproportionate rate increase is tantamount to having marketing decisions driven by bureaucracy rather than market forces.
In closing, I thank you once again for your invaluable help. I also urge you to stay abreast of new developments and be ready to add your voice to ours when circumstances demand. Moving forward, we will keep you informed and up-to-date through regular DMA communications.
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