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Meanwhile, digitalization, covering both digital engagements with consumers and sales online, continues to fuel luxury spending in China. Cosmetics led the pack as the top-performing category to achieve over 20 percent of online sales.

Meanwhile, the Trump administration is reportedly setting aside up to billion in assistance to American farmers, while Ottawa hasn't offered any aid to the indirect victims of roiled global markets. Canadian producers are now competing against subsidized US farmers.

Meanwhile, new regulations should make it harder for credit to be channelled to restricted sectors through, for example, trust loans. This will further reduce onshore funding options for those sectors.

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Meanwhile, the capital has been moving administrative departments to Tongzhou district, which has thinned the population density of downtown Beijing, he added.

Meanwhile, the State Council urged local governments to establish a system that can serve multiple urban transportation means.

Meanwhile, back in his home state, New York City entered phase 4 of its reopening process Monday, which allowed sports events (without spectators) and media production to resume — as well as opening zoos and public gardens — but excludes openings by malls, gyms, movie theaters or indoor dining.

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Meanwhile, The Wall Street Journal reported that more American farmers are filing for bankruptcy this year as federal payments fall short of making up for a continued slump in agricultural prices.

Meanwhile, 20 billion yuan (.83 billion) of reverse repos matured Thursday, resulting in a net liquidity withdrawal of 20 billion yuan, according to financial information service provider Wind Info.

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Meanwhile, as US citizens take precautions, health officials have been unanimous in saying: Don't buy a mask.

Meanwhile, the LA Times separately reports that Amazon is planning to roll out an optional service early next year that will allow it to help small online merchants better collect taxes. The Times notes that third-party merchants on Amazon could utilize the tax collection service for a fee of 2.9 percent of taxes collected.