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The quickest way to settle the job score — China won more jobs, the US lost more — between the US and China would be to deploy a portion of China’s Belt and Road Initiative to the US, he suggested.

The reason for the bubble is simple: people swarm into a field, use similar technology, copy ideas from each other, compete for traffic until they get the favor of capital, and then start a new round of cash burning.

The prospective returns on China's vast amount of foreign exchange reserves are likely to remain stable, and the regulator is optimizing investment strategies this year to increase asset values and reduce the adverse impacts of expected monetary easing in major economies, according to economists.

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The railway will improve traffic between China's southwest and booming southern areas.

The railway project is a major part of the top leadership's strategy to build a better Tibet, according to the statement.

The rate cut and a weaker US dollar will curb further weakening of the renminbi, which will remain stable, said Zhang.

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The rate determines what banks charge each other for overnight lending, but also affects the cost of consumer debt and therefore influences spending and corporate investment.

The public can also use the hotline's official WeChat account to buy tickets online. So far, 337 cities around the country have opened the hotline with functions such as complaints and consultation for the transport sector.

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The province saw a total grain output of 75.05 billion kg in 2018, accounting for over 10 percent of the country's total grain output, according to the National Bureau of Statistics.

The rate of new coronavirus cases has abated significantly in both countries without straining the capacity of their health systems. New Zealand has enforced a wide-ranging lockdown and Australia is also tightly restricting many activities.