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"COVID-19 is not only hitting the poor the hardest, it is creating 'new poor.' The region is confronted with an unprecedented set of challenges, and governments are facing tough choices," said Victoria Kwakwa, vice-president for East Asia and the Pacific at the World Bank.
"Central SOEs, however, have been doing a good job in environmental protection sectors," said Zhong.
"COVID-19 cases and hospitalizations are surging across the United States and Europe. The stock market appears to be taking note," analysts at Zacks Investment Management, said in a note Saturday.
"China and Russia are currently the top two gold purchasers. Countries like Turkey and Kazakhstan have also increased their gold reserves," Huo said.
"China only exports a small amount of steel to the EU, and the main clients for most Chinese steel companies are from the domestic market and developing countries and regions," Tian said.