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The US investment bank expects the CSI 300 Index, a gauge that tracks 300 major listed companies in Shanghai and Shenzhen, to reach 4,200 points by the end of 2020. It said that it will stay strategically positive on Chinese sectors including 5G, retail, and pharmaceuticals in the coming year.

The UN agency's optimistic projection on China is shared by other major international agencies as Beijing's timely and effective policies to restore economic and social activities have yielded positive results with the economy back on a steady track to recovery since the second quarter.

The US Chamber of Commerce estimated that million of Arkansas exports to China would be affected by the trade war, with cotton, aluminum waste and scrap, and bovine meat with bone in being the hardest-hit industries.

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The Ukrainian Navy said that it had informed Russia in advance about the passage of Ukrainian vessels from the Black Sea to the Sea of Azov through the Kerch Strait.

The US and Canada are treating an innocent person in a politicized way, which violates the spirit of the rule of law and will harm relations with China, he said.

The US Centers for Disease Control and Prevention (CDC) said there are 147 nursing homes in 27 states that have at least one resident diagnosed with the coronavirus. Nationwide, there are about 15,600 nursing homes, with 1.7 million patients.

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The US Commerce Department has told Congress that it plans to allow Chinese telecommunications company ZTE Corp to buy products from US companies and stay in business, according to US media reports on Friday.

The US has left in place most of the new and increased tariffs on 0 billion worth of Chinese-made goods following the phase one trade deal it signed with China in mid-January.

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The US Federal Reserve's large-scale easing measures and the US economic recession have impaired investors' confidence in the greenback, he said.

The US Trade Representative on Friday put China, Canada and dozens of other countries on the watch list of a report that highlights intellectual property issues with US trade partners.