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Apple, also a contender for the most valuable company, went down to 701.99 billion dollars in market value. Its stock price hit 52-week low last week after the company issued lower guidance for the fiscal 2019 first quarter.

As China continues to push for reforms on the equity structure of state-owned enterprises and state-owned banks, at least 1.5 trillion yuan of available fiscal capital will be freed up annually, the bank said.

Argentina confirmed 31 new cases of coronavirus, bringing the total cases to 128, and three deaths, according to government data.

Around 40 trees with scars have become popular decorations, painted with vivid images of animals at the Zoological and Botanical Garden in Changchun, capital of Northeast China's Jilin province.

As China's Renminbi internationalizes and its own capital markets deepen, the country will "become a provider of safe global financial assets," he said. "And as one of the world's largest importers, it will become one of the go-to global consumption markets that underpin global economic balance and stability."