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"Despite the loosening measures, China is not turning to an overall loose monetary stance," said Shen Jianguang, chief economist at JD Finance. Instead, the central bank focuses on targeted tools, Shen added, describing the TMLF as a "targeted interest rate cut".
"EBRD is a natural partner for the Belt and Road Initiative," Chen said, underling the need to face challenges.
"Except temperature checks and hand sanitization before entry, everything is as usual," he said.
"Due to the epidemic, countless opportunities regarding bringing services online emerged in the medical aesthetic industry. The changes may even upend the business mode of the sector," said Mu An, general manager of BeauCare Clinics Medical Investment Co Ltd.
"Don't underestimate the trauma that this has created for people," New York Governor Andrew Cuomo said at his May 17 news briefing in regard to the strain COVID-19 has had on people's mental health.
