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The United States and Israel have sent firefighting planes to help tackle the blazes. Other countries are leasing planes to spray water and fire retardants.

The US Federal Reserve signaled an open attitude toward rate cuts this week, as factors including the escalating global trade tensions added to the anxiety over the sustainability of US economic expansion.

The US Federal Reserve cut interest rates Wednesday by a quarter-point for the second time in two months to ease the disruption of the continuing US-China trade dispute and offset the weight of a global economic slowdown.

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The US administration has proposed tariffs on billions of dollars of Chinese goods and, in the latest move to heighten tensions, announced activation of denial of export privileges against leading Chinese telecom equipment maker ZTE Corp.

The US Pacific Tsunami Warning Center earlier issued a warning saying destructive tsunami waves were possible, but later revised its forecast, saying that there was no tsunami threat from the quake.

The US economy contracted at an annual rate of 5 percent in the first quarter this year, according to the Commerce Department. That figure, however, still does not fully capture COVID-19's economic damage, and many analysts believe that the decline in the second quarter is expected to be much deeper.

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The US is "close to deciding" about sending a representative to the Belt and Road summit next week in China, according to a minister at the Chinese embassy in Washington.

The US Chamber of Commerce on Monday warned that failure to enact a meaningful pandemic package "risks a double-dip recession that will permanently shutter small businesses across the nation and leave millions of Americans with no means to support themselves and their families."

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The United States' telecommunications regulator's proposal to bar Chinese telecommunications equipment providers Huawei and ZTE from its subsidy program is "economic bullying", and the US should stop its defamation and unreasonable crackdown on Chinese companies, Beijing said on Tuesday.

The UK is an ideal investment destination with its sound regulation, market mechanism and power demand, said CGN. "Considering its plan to suspend thermal power between 2025 and 2030 and replace it with clean energy, we believe it is a right choice to make the investment in the country," CGN said.