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As the global economy is on track to shrink "sharply" by 3 percent this year due to the pandemic, the IMF chief economist highlighted the importance of keeping trade open in global recovery.

As the US presidential election approaches, Trump may be more cautious on moves that could jeopardize the slowing US economy. That said, Trump has said he is in "no hurry" to strike a deal.

As the new wave of tariffs that came on top of the billion worth already taxed earlier this year begins to make China look more expensive, few other places around the world can match China’s advantages — its highly skilled workforce and the reliability of the supply chains.

As the largest developing economy in the world, China boasts rapid growth and improved living quality, which are sometimes regrettably followed with health concerns, such as obesity and hypertension. "What and how to eat" has become the most visible question, which further projects the significance of food education.

As these policies are implemented, it is important to give full play to the market mechanism's self-adjusting ability to ensure that it will not be damaged. Regulators should also step up regulation of arbitrage to prevent loans from flowing into the housing market, the stock market and other types of investments, he said.