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Analysts from Huaxi Securities said in a report released on Monday that the weakening major economic indicators in the US due to the COVID-19 epidemic, combined with the raised expectations for further fiscal expansion, have exerted more downward pressure on the US dollar. As a result, commodities priced in the US dollar have been valued higher while global capital is flowing at a faster pace into non-US markets, especially the A-share market.

Andy Rothman, an investment strategist at San Francisco-based investment firm Matthews Asia, said that it is still possible that the two can achieve reconciliation, "but only through dialogue and more engagement."

An outside view of the Palestine Liberation Organization's office in Washington, US on Sept 10, 2018. [Photo/IC]

And the only person on the stage sprinkling in any Mandarin was an American, Max Horne, an avid student of Chinese language and culture. A freshman at Harvard University, Horne was the champion of the 2018 Chinese Bridge Speech Contest for US high school students. He and China Daily's Dong Leshuo cheerfully served as the emcees of the event.

And it is not just companies like Rio Tinto that are interested in the initiative. Multilateral groups, such as the B20 as you can imagine, are watching the progress closely.