Gilead, which had been donating the drug to hospitals with very ill COVID-19 patients, agreed to send nearly all of its supply of the drug to the US over the next three months.
Gary Hufbauer, a nonresident senior fellow of the Peterson Institute for International Economics, said there is a battle between the "hawks" and the "doves" within the Trump inner circle. For now, Trump is siding with the hawks as a tactic against China.
Generally, demand for funds rises strongly ahead of the traditional Spring Festival, which falls on Jan 25 this year. It is estimated that in January, there will be 600 billion yuan worth of reverse repos and more than 250 billion yuan worth of targeted medium-term lending facility loans maturing, leading to a fund shortage of over 850 billion yuan. The move by the People's Bank of China, the central bank, to cut the RRR in the short term offsets the maturing monetary facilities to maintain the stable supply of money and ease liquidity shortage in the market.
German Chancellor Angela Merkel speaks to US President Donald Trump during the second day of the G7 meeting in Charlevoix city of La Malbaie, Quebec, Canada, June 9, 2018. [Photo/Agencies]
General aviation has also played a key role in containing the epidemic thanks to its convenience and flexible usage, he said.
Global supply chains take years to build and can't easily be reconfigured "at the drop of a hat", according to Barry.
绵阳狗肾解剖模型
Germany will continue to work with China within the G20 to tackle issues such as climate change, German Ambassador to China Michael Clauss told China Daily ahead of the G20 Summit in Hamburg.
Global Tourism Economy Forum Chairman Ho Hau-wah, who also is vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, said the "sudden and unexpected "COVID-19 outbreak has brought huge global challenges, but the destiny of all human beings is "closely connected".
Giant panda Jiajia celebrates her birthday in Shanghai Wild Animal Park on August 5. [Photo provided to chinadaily.com.cn]
Georgieva said that the primary forecast now is for a quick recovery of China's economy as factories gear back up to make up for lost time and warehouses are re-supplied.