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As demand grew, China's mask makers swung into action. According to Qichacha, a data provider based in Jiangsu province, nearly 3,000 new firms registered as mask makers and entered the business in the space of 60 days (Jan 1 to Feb 29).

As for US politicians' blame on WHO for not investigating the COVID-19 outbreak in China and their buck-passing and criticism of China's supposed early COVID-19-related failings, Richard Horton, editor-in-chief of The Lancet tweeted Wednesday that "Indeed. China should not be 'blamed.' In my view, we should thank Chinese scientists and health workers for their incredibly selfless commitment to attacking this outbreak. They deserve our unconditional gratitude."

As at the end of 2017, effective production capacity of the power battery segment was 110 gigawatt-hours, while the installed capacity was about 36.4 GWh, the report said.

As a leading international bank, we aim to maximize the full potential by leveraging global resources, providing the best offerings for our Chinese and international clients, continuously deepening strategic cooperation, and advancing mutual development with leading local institutions in China.

As early as the beginning of this year, at the CEIBS Financial Management Salon, I made it clear that like in the stock market, where volatility is the norm, the RMB volatility is the norm in the foreign exchange market. "There is no need to panic over the RMB breaching the 7-yuan-per-dollar threshold," I said at the event.