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Technically, '
eso' does not mean 'it'. '
Eso' or '
esto' are commonly used as a subject pronoun, but they are not personal pronouns. The neuter '
ello' could be used, but if the subject
truly is 'it', no subject pronoun is needed.
Es importante. =
It is important.
Está fría. =
It is cold.
No importa. =
It doesn't matter.