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The US stock market also has relatively lower compliance requirements, but stresses that issuers should fully disclose risks, and investors should make their own judgment, said Jiang Zhihui and Sun Haotian, partners of the law firm King & Wood Mallesons, in a research report.

The UN chief said it was "an utmost pleasure" to accept President Xi Jinping's invitation to the FOCAC summit, which will be held on Monday and Tuesday.

The US stock market on Thursday suffered its worst blow so far in a bad week, as growing concern about the global spread of the coronavirus sent the Dow Jones Industrial Average and S&P 500 indices to their worst one-day point drops in history.The DJIA closed at 25,766.64, down 1190.95 points, and the S&P 500 fell 137.63 to close at 2978.76. The Nasdaq Composite index lost 414.30 points, or 4.61 percent, to close at 8566.48.The selloff knocked all three indices well into correction territory, which is defined as being down at least 10 percent from 52-week highs, which all three reached within the last 10 days.Before Thursday's open, stock futures had fallen on news that the US Centers for Disease Control and Prevention (CDC) had confirmed the first US case of a possible community spread of the coronavirus in Solano County in Northern California.Health officials in Germany reported a similar case of a man testing positive for the virus despite no known connection to anyone with it. California said it is currently monitoring at least 8,400 individuals for signs of COVID-19."The game has changed with Italy and also with the new case in California," said Keith Buchanan, portfolio manager at GLOBALT Investments, told CNN, adding that investors should remember that a "10 percent pullback after the kind of run US equities have been having is not the worst scenario". Italian authorities said on Thursday three more people had died from the virus, bringing the death toll there to 17, with 650 cases confirmed. "The size and scope of the impact of COVID-19 on global corporate profitability is the biggest question mark I have seen face the markets since 'Lehman Monday' (the collapse of Lehman Brothers in the 2008 financial crisis)," Jim Collins, CEO of Excelsior Capital Partners, told China Daily. "The human toll is horrible, but the economic impacts are just incredibly uncertain. Markets hate uncertainty."At a White House press conference on Wednesday, US President Donald Trump looked to calm fears over the virus. Appearing with top US health officials, he said the risk to the American public is still "very low" but added that the US is going to "spend whatever is appropriate" to fight the coronavirus. Trump also tasked Vice-President Mike Pence with coordinating and communicating the federal response to the virus threat. Trump said that he believed US markets would soon recover. "The market is selling off late like it's a holiday weekend. There is genuine fear of being long stock overnight given how any COVID-19 headline could lead to a huge sell order," Kamal Khan, chief US editor at investing.com, told China Daily. "Wall Street isn't happy with Vice-President Mike Pence being in charge, and markets are still at the behest of any virus headline."The Dow and the Nasdaq are down 12.8 percent and 12.7 percent, respectively, from their all-time highs earlier this month."We've hit a pocket of fear," Gregory Faranello, head of US rates trading at AmeriVet Securities, told CNBC. "This is a big deal. … If this flows into the US, we could be in trouble because, let's face it, the US consumer is what's holding this thing together."The economic impact was widely felt Thursday with markets in Europe and Asia also taking a hit. Shares in London fell into correction territory, and crude oil futures fell 4.7 percent as investors signaled fear of reduced economic activity resulting from further travel restrictions, factory slowdowns and school and office closings. This week's market losses also raised expectations that the US Federal Reserve would cut interest rates at its meeting next month, to boost the economy.The yield on the benchmark 10-year Treasury dipped below 1.25 percent Thursday, a record low. The yield on the 30-year bond was also at an all-time low. The CBOE Volatility Index (VIX), a widely followed measure of predicted turbulence for US stocks — and therefore a proxy for investor fear — jumped above 39 on Thursday, up 42 percent. "People have gone from saying this is a non-event to saying this is the end of the world," Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois, told Reuters. "There's room for a middle ground."Industry analysts and economists continued to sound the alarm as they assessed the fallout of the outbreak, with Goldman Sachs saying US firms will generate no earnings growth in 2020.Microsoft Corp, the biggest drag on the S&P, dropped almost 7 percent after it warned of weakness in the PC business due to a hit to its supply chain from the coronavirus, echoing similar statements from Apple and HP.

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The US Senate overwhelmingly passed a resolution on Wednesday that calls on Trump to gain congressional approval before deciding to impose tariffs for national security. The move — which was not binding upon Trump — came as trade groups continued to oppose his new round of hefty duties against China.

The US Department of Commerce did not have cause to fire Chen, said Chief Administrative Judge Michele Schroeder of the Merit Systems Protection Board (MSPB) said on Tuesday, ordering to reinstate her employment at the department's National Weather Service (NWS) and pay her back pay plus benefits.

The United States is now the country with the most confirmed COVID-19 cases and fatalities. By Monday morning, the country had reported 557,590 cases and 22,109 deaths, according to a tally by Johns Hopkins University.

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The US plan will embolden rioters in the city to go even further along the road of violence. Our memory is still fresh that during months of social unrest last year, rioters besieged government and legislative buildings, paralyzed public transport, trashed banks and stores and assaulted innocent residents, plunging Hong Kong into chaos and deep economic recession.

The USS Carl Vinson aircraft carrier will set anchor in Vietnam's coastal city Da Nang on Monday, the first time a US aircraft carrier has visited the country since the end of the Vietnam War in 1975.

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The UN chief extended his solidarity to Afghan citizens seeking to exercise their constitutional rights and take part in the forthcoming parliamentary elections, Dujarric added.

The United States has repeatedly used so-called national security as a reason, abused export control and other measures, and used national forces to strike foreign companies, causing serious damage to the international economic and trade order and a serious threat to the security of the global industrial supply chain. This is not only conducive to China, but also to the United States and the entire world.