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As countries are seeking ways to revitalize their economies to mitigate the impact caused by the COVID-19 pandemic and weak goods demand, he said US unilateral action will damage the hard-fought results aimed at de-escalating tensions and bilateral trade disputes. It could escalate the risks of a new round of tariffs.

As expectations of a US rate hike strengthened, yields of US treasuries went up during the holiday week, driving the decline in stocks worldwide, according to Yuanda's analysis.

As a signal of Italy's enthusiasm to foster deeper China ties, Tria visited the nation on his first overseas trip outside Europe since taking office this June.

As a result, the CCDI expelled Wang from the Party, and the National Supervisory Commission fired him from his post. Wang's illicit gains have been confiscated, and information and evidence regarding his crimes have been sent to other agencies for further investigation and prosecution, the CCDI said.

As countries are taking all possible measures to contain the coronavirus epidemic and its socio-economic and geopolitical fallouts, the blockchain technology could help governments track information on infected people and ensure quarantines are efficient.