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As the US government orders its tech companies to cut ties with China's Huawei, experts in Silicon Valley are concerned about the deeper effects, beyond trade and tariff tensions, that the move could have to the detriment of the world.

As shutdowns rippled through the workforce, initial jobless claims spiked by 3 million to a then-record 3.3 million in the week ending on March 21, and then doubled to a record 6.87 million in the week ending on March 28. Before the shutdowns, the unemployment was rate was 3.5 percent－near a record low.

As the People's Bank of China (PBOC), the central bank, did not lower the MLF rate after cutting the targeted reserve requirement ratio (RRR), the unchanged LPR was in line with expectations in a financial market that is waking up to more easing streaks overseas.

As the key driver to foster technology research and transformation for biopharma manufacturing, biopharma CMO features an innovative model that helps break the "bottleneck" of manufacturing in the original biopharma industry chain to turn it into a "service platform" in a bid to commercialize and maximize the value of drug candidates. In February 2016, Boehringer Ingelheim was selected as one of the first companies to start biopharma Contract Manufacturing in China.

As the country moved to enhance support for the real economy, Shanghai-listed companies in the real economy reported revenue growth of 13 percent and profit growth of 25 percent, much faster than the 7-percent revenue and profit growth of financial companies there.