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As China will continue the deleveraging process targeting some key areas, it is hard to see a large rebound of money and credit data in the following months, which is also depressed by the economic growth headwinds, said Wu Ge, chief economist of Changjiang Securities.

Apple CFO Luca Maestri told analysts on the conference call that the company sees even more growth ahead for this part of its business. “Our iCloud storage business is growing very quickly, and so that is a business that also at a geographic level we can continue to grow significantly.”

As China's BRI enters its sixth year, with more Chinese SOEs venturing into not just Iran but also other international markets, Shahbeig had a grand vision for its future.

Approved by the State Council, eight central regulatory bodies led by the People's Bank of China, the central bank, issued the plan which aims for the municipality to establish itself as a global financial market leader and a go-to market for renminbi-based trading by 2020. A legal, innovative, highly efficient, transparent and open financial system is expected to be in place by that time.

Armidale hospital in NSW began the trial on Wednesday which would allow COVID-19 patients with moderate symptoms to return home with a monitoring device to report their vital life signs.