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"China's regulators were trying to buck the trend by keeping the yuan stable for a long time, but they are probably just going to let it follow market forces at this point instead of using precious dollar reserves to defend the yuan," Ann Lee, a specialist in China's economic relations and adjunct professor at New York University, told China Daily.

"China welcomes enterprises from all over the world to seize the opportunities brought by greater opening-up, to expand cooperation and better achieve win-win results," Li said in a congratulatory letter saluting the BASF smart Verbund petrochemical project in Zhanjiang, Guangdong province, over the weekend.

"Clearly, it's disruptive for us. It's disruptive for our customers," Quincey said on the company's earnings call last week. "But I think the conversations have been about how this is going to work for each and every customer."

"Competition in the field of culture investment is going to be increasingly fierce, and for investors, knowledge, expertise and insight into the sector is important for choosing the right projects and funds," said Wang Jipeng, a partner in Oriza FOFs Investment Management and investment partner in United Media FOFs.

"Coronavirus in a nursing home can be like fire through dry grass," New York state Governor Andrew Cuomo said last month.