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Global markets' demand for ventilators, face masks, protective clothing and testing kits was the main contributor to the boost in China's exports in the categories of electromechanical, textile and plastic goods last month, said Zhang Yongjun, a researcher at the Beijing-based China Center for International Economic Exchanges. Zhang noted that these are all closely related to other countries' COVID-19 fights.

Georgieva said the IMF was encouraged by the restart of some production in China, which is now at around 60 percent recovered and would be increased to 90 percent in the coming weeks.

German marque sees off rivals as fight for market dominance goes down to the wire, Li Fusheng reports.

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Given China's GDP growth, Margulies said he believes the country will contribute close to 30 percent of global GDP growth for the next 10 years, and thus it is critical for US companies to be present in China.

Georgia's Republican Gov. Brian Kemp is set to sign legislation banning abortions at around six weeks of pregnancy, before many women know they're pregnant.

German Chancellor Angela Merkel looks on as she attends a news conference at the Chancellery in Berlin, Germany, May 16, 2019. [Photo/Agencies]

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Gimeno, also is the company's CEO for the Asia-Pacific region and a Spanish citizen who has been living in China for a decade, said in terms of economic recovery in the post-epidemic era, the La Defense Cedex-headquartered group feels confident about the recovery and growth of its business in China.

Global population could start to fall by 2040 if trends continue, experts say

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Global research firm Newzoo said the emerging e-sports revenues totaled 3 million in 2016 and sales are expected to reach .1 billion worldwide in 2019.

Global confidence in Hong Kong has been seriously dented as the credit ratings of Hong Kong were downgraded and Hong Kong lost the position which it had maintained for 25 years as the freest economy in the world. Hong Kong's GDP in 2019 posted the first negative growth in 10 years and the latest jobless rate hit a 10-year high. Hong Kong's consumer confidence index also slumped to the lowest notch since the 2008 global financial crisis.