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As the top online retailer in the U.S., Amazon has become a key player in the COVID-19 outbreak that is driving a spike in online shopping as thousands of people avoid leaving their homes. The company is responsible for 38.7 percent of online sales in the U.S.,?according to eMarketer. Walmart is second with 5.3 percent.

As the latest move of capital market reforms, revised regulations over refinancing of mainland-listed firms took effect from Friday. The China Securities Regulatory Commission, the top securities regulator, has eased the regulatory requirements for companies listed on ChiNext to issue new stocks to preselected investors.

As the world is going through both health and economic crises from the COVID-19 pandemic, reducing economic interdependence or decoupling from the Chinese economy will impede global recovery, Armstrong cautioned in an analysis published in the East Asia Forum on Sunday.

As this year's Labor Day holiday, which runs from May 1 to 5, is approaching and many Chinese are making travel plans, a public health expert said it is necessary to take precautions when traveling to areas where new novel coronavirus infections were detected recently. The elderly, people with chronic diseases and pregnant women also are discouraged from taking trips.

As they have strengthened efforts to correct wrongful rulings, courts across the country have also fully safeguarded defendants' legitimate rights in litigation, such as barring them from wearing detention uniforms during trials, Zhou said.