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On Wednesday, the Monetary Authority of Singapore said there is "sufficient room" for the currency to ease, if the economy weakens due to the novel coronavirus epidemic. Similar stimulus may be taken by central bankers in Japan and Australia to shield the economy. The possible monetary easing such as further interest rate cuts will see currencies retreating, especially in Asia.

On Thursday, the China Insurance Regulatory Commission and the Ministry of Finance jointly issued a guidance to regulate local governments' fundraising activities through insurance products, stressing that insurance capital cannot be used as the local government financing vehicle to increase local debt－a measure to curb the expansion of "invisible" and illegal debt.

On Tuesday, French President Emmanuel Macron and his wife, Brigitte Macron, hosted a farewell ceremony for Xi and his wife, Peng Liyuan. Xi also met with French Prime Minister Edouard Philippe, National Assembly President Richard Ferrand and Senate President Gerard Larcher on the same day.

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On Wednesday, before the meeting, Wang met separately with ASEAN's secretary-general and the foreign ministers of the Philippines, Singapore, Thailand and Vietnam to discuss joint efforts against the epidemic. Lao President Bounnhang Vorachit met with Wang on Thursday.

On Twitter, Australian Prime Minister Scott Morrison said Australians had been affected by the eruption and the government was trying to learn more. Twenty four Australians were on White Isand when the volcano erupted, Australian media said.

On the other hand, the value of sales of medicines and cosmetics rose by 2.3 percent in the first two months of 2019 over the same period a year earlier.

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On a month-on-month basis, consumer prices edged up 0.1 percent, compared with the 0.4-percent drop seen a month earlier.

On the Korean Peninsula issue, Washington wants to have some progress on foreign relations to attribute to the incumbent US administration in the midterm election in November, so it hopes to better understand positions from countries involved in the issue, particularly those of China, Zhou said.

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On Tuesday, the ROK and the DPRK held their first senior-level dialogue in about two years, agreeing to hold military talks to ease tensions. The DPRK agreed to send its athletes and cheering squads to the ROK-hosted Winter Olympics in February.

On issues concerning the quality of products from China, the Dubai-based director, said sessions will be held during the exhibition week to create awareness on high quality products found in China. "If you put in the investments, of course you will receive quality products. China is the world manufacturer," said Meyrick