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As the pandemic so far is far worse than most people contemplated, "it means that many of the developing countries and emerging markets will be unable to pay what is owed. The initial response of the G20 was a stay, but the stay is not enough," said Joseph Stiglitz, a professor with Columbia University and a winner of the Nobel Prize in Economics.

As the new year began, the death toll started rising. As of Jan 5, the organization had tracked 479 deaths across the nation.

As the HSCEI adjusted its member list on March 5, 2018, the valuation system of this index was strongly adjusted. This adjustment added 11 new members to the index. Some of them have extremely high valuations. For instance, Tencent was trading at 14.7 P/B ratio and Zhong An Online was trading at 12.9 P/B ratio on that particular day. This adjustment of index constituents abruptly increased the P/B ratio of the HSCEI by 0.23.

As the first offering of 5 billion yuan is a relatively small batch, the ministry feels no pressure on the market demand at the moment, and the influences from a weaker yuan could be limited, according to an official close to the matter.

As soon as PICA moved its headquarters from New Jersey to Houston in 2013 to plant a firmer footing in the "Oil capital" in North America, the company established an emergency response plan to cope with extreme weathers in the great Houston area, according to Zhang.