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"From crumbling infrastructure to a tax system and a carceral state that target the poor, Americans have ample reason to not trust the government to do its job," it said.

"For an internet company like Meituan Dianping, it is crucial for the products to be improved and upgraded," he said. "That idea can also be applied to Party building, so we can come up with new and better ways of communicating Party theories."

"Foreign investors put more value on structural changes in the China market rather than the size and growth potential of the market. In addition to the appeal of China's capital markets, the launch of a registration-based initial public offering system and new rules on asset management also boosted their confidence in achieving success in China's capital markets," Qu said.

"Given that Xinfadi was the largest produce market in the city, with large flows of people, and the outbreak was still in the early stage, it's likely that the number of new COVID-19 patients will continue to rise for a certain period," Pang Xinghuo, deputy head of the Beijing Center for Disease Control and Prevention, said at a news conference on Wednesday.

"From February to March we experienced the fastest market downturn in history," said Savita Subramanian, an analyst at Bank of America, in a research note.