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"China is working to develop the multilateral trade system. At the time, when some countries close their markets or turn to bilateral trade relations, China has introduced its famous One Belt One Road Initiative, which is advancing global free trade," Osypenko said.

"But the timing and mechanism of volatile delivery has been hotly debated. Ours is the first scenario that can explain the timing and delivery in a way that is consistent with all of the geochemical evidence."

"China is playing an increasingly vital role in our global market. The revenue from the Asian market has accounted for nearly 20 percent of our global revenue. Camera sales in this region contributed more than 30 percent of our camera sales globally."

"China can play an important role to lead and support the region's economic recovery by resuming connectivity in trade and investment with regional economies and regaining regional demand," said Doi. "But this trajectory depends largely on how effectively the regional and global economies can contain the virus."

"By threatening to impose a 10 percent tariff on an additional 0 billion of imports from China, the US President Trump has upped the ante on the trade conflict between the two," Oxford Economics said in a research briefing.