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Would you put a winning lottery ticket worth more than $600 in the mailbox?Get more news about 彩票包网平台,you can vist loto98.com
That’s what the Rhode Island Lottery is suggesting to minimize the spread of coronavirus, although some who regularly play lottery games are not so sure.
On Monday the Lottery said it is allowing lottery winners to claim prizes to all games by mail, as long as the winner submits personal identifying information along with the ticket.
Pre-virus, the Lottery only allowed winnings of less than $600 to be claimed by mail, something normally taken advantage of by those who bought a ticket while passing through the state. (Retailers who sell lottery tickets also pay out winnings of less than $600 and that is not changing.)
Winnings can also be claimed at Lottery headquarters on Pontiac Avenue in Cranston. Advanced social distancers in no rush for cash can wait until the COVID-19 crisis passes to get their cash.Winners have up to a year to claim their prizes,” Lottery spokesman Paul Grimaldi said in an email about the new policy. “People who want to adhere to the governor’s ‘stay-at-home’ directive, or who fear tickets will be lost in the mail, should simply wait until after the COVID-19 crisis passes to turn them in.”
To reduce the risk of coronavirus spread at the Cranston headquarters, Lottery staff are being screened verbally before work and then “we expect to have a sheriff on duty by the end of the week to screen customers,” Grimaldi said.To claim winnings by mail, you need to include the winning ticket with your signature on back, address, telephone number, copy of photo ID and copy of Social Security card (or document showing Social Security number).
“Could you imagine placing that winning ticket (say $20,000) in a mailbox and hoping for a response/check and waiting a week or more for a response, maybe a check,” Paul McHale of Coventry wrote to The Journal. “Add to that, and worth more ... your identity info is in that same envelope. What could go wrong! Could you sleep for a week while waiting?”
That’s what the Rhode Island Lottery is suggesting to minimize the spread of coronavirus, although some who regularly play lottery games are not so sure.
On Monday the Lottery said it is allowing lottery winners to claim prizes to all games by mail, as long as the winner submits personal identifying information along with the ticket.
Pre-virus, the Lottery only allowed winnings of less than $600 to be claimed by mail, something normally taken advantage of by those who bought a ticket while passing through the state. (Retailers who sell lottery tickets also pay out winnings of less than $600 and that is not changing.)
Winnings can also be claimed at Lottery headquarters on Pontiac Avenue in Cranston. Advanced social distancers in no rush for cash can wait until the COVID-19 crisis passes to get their cash.Winners have up to a year to claim their prizes,” Lottery spokesman Paul Grimaldi said in an email about the new policy. “People who want to adhere to the governor’s ‘stay-at-home’ directive, or who fear tickets will be lost in the mail, should simply wait until after the COVID-19 crisis passes to turn them in.”
To reduce the risk of coronavirus spread at the Cranston headquarters, Lottery staff are being screened verbally before work and then “we expect to have a sheriff on duty by the end of the week to screen customers,” Grimaldi said.To claim winnings by mail, you need to include the winning ticket with your signature on back, address, telephone number, copy of photo ID and copy of Social Security card (or document showing Social Security number).
“Could you imagine placing that winning ticket (say $20,000) in a mailbox and hoping for a response/check and waiting a week or more for a response, maybe a check,” Paul McHale of Coventry wrote to The Journal. “Add to that, and worth more ... your identity info is in that same envelope. What could go wrong! Could you sleep for a week while waiting?”
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Shanghai has become the first city in China to issue permits allowing
passengers to be carried on the streets in self-driving cars.To get more
news about shanghai news today, you can visit shine news official website.
Initial licenses have been granted to Chinese automaker SAIC motor group, Germany’s BMW, and ride-hailing company Didi Chuxing.
Under the terms of the permit, each company is allowed to deploy up to 50 vehicles. If there’s no incident after six months, there’s room for the firms to expand their fleets. A human driver must always be available to take control if needed.
Members of the public who volunteer for test rides must be in good health and be aged between 18 and 70. Companies must provide insurance for the passengers, a result of a regulation passed last week by Shanghai’s government.
Only a relatively small number of roads will be available for self-driving cars in Shanghai initially. Just under 54-kilometres of roads can be used for authorised companies’ autonomous vehicle tests.
No fee can be charged for riding in a self-driving car, ruling-out a true taxi-like service which can be monetised at this point. Didi Chuxing has said that passengers will be able to hail rides via its app.
Any company seeking to receive a permit is required to have more than 24,000km and 1,200 hours of passengerless testing in Shanghai’s Jiading district without any incident to be considered for approval.
The development is a milestone on China’s road to deploying self-driving cars. Eyes will now be on Shanghai from companies looking to start monetising self-driving technology in the world’s most populous country.
However, other Chinese cities are hot on the heels of Shanghai. Baidu’s autonomous vehicle project in Changsha is set to deploy 100 driverless taxis by the end of 2019. Pony.ai, meanwhile, will transport its employees and a pool of volunteers in driverless cars in Guangzhou starting in December.
On the global stage, China is behind the US in issuing licenses for self-driving cars. Permits in America have been granted for autonomous vehicle trials in cities including San Francisco, Detroit, Palo Alto, Pittsburgh, and Phoenix.
Initial licenses have been granted to Chinese automaker SAIC motor group, Germany’s BMW, and ride-hailing company Didi Chuxing.
Under the terms of the permit, each company is allowed to deploy up to 50 vehicles. If there’s no incident after six months, there’s room for the firms to expand their fleets. A human driver must always be available to take control if needed.
Members of the public who volunteer for test rides must be in good health and be aged between 18 and 70. Companies must provide insurance for the passengers, a result of a regulation passed last week by Shanghai’s government.
Only a relatively small number of roads will be available for self-driving cars in Shanghai initially. Just under 54-kilometres of roads can be used for authorised companies’ autonomous vehicle tests.
No fee can be charged for riding in a self-driving car, ruling-out a true taxi-like service which can be monetised at this point. Didi Chuxing has said that passengers will be able to hail rides via its app.
Any company seeking to receive a permit is required to have more than 24,000km and 1,200 hours of passengerless testing in Shanghai’s Jiading district without any incident to be considered for approval.
The development is a milestone on China’s road to deploying self-driving cars. Eyes will now be on Shanghai from companies looking to start monetising self-driving technology in the world’s most populous country.
However, other Chinese cities are hot on the heels of Shanghai. Baidu’s autonomous vehicle project in Changsha is set to deploy 100 driverless taxis by the end of 2019. Pony.ai, meanwhile, will transport its employees and a pool of volunteers in driverless cars in Guangzhou starting in December.
On the global stage, China is behind the US in issuing licenses for self-driving cars. Permits in America have been granted for autonomous vehicle trials in cities including San Francisco, Detroit, Palo Alto, Pittsburgh, and Phoenix.
A University of Adelaide forensic pathologist is warning that
potentially harmful substances found in herbal medicines may be playing a
bigger role in deaths of 'health tourists' than previously thought.To
get more news about chinese herbal medicine, you can visit shine news official website.
Professor Roger Byard is calling for closer checks during post-mortems for the presence of drugs and adulterants that originate from herbal remedies."There is a possibility that harmful materials found in herbal medicines are either contributing to, or causing, deaths of overseas travellers," says Professor Byard.
'These factors should be considered in all medical and legal cases involving recent overseas travel, particularly to Asian destinations."
As part of health and wellness tourism, Western travellers to many Asian countries now often visit herbal centres. Free health checks may be performed at these centres and herbal products are offered for sale. They offer hope to a growing number of people looking for a cure for their health problems.
"This type of health tourism is based upon learning about and consuming traditional medicinal herbs and is an important part of the worldwide medical tourism industry," says Professor Byard."Patients wrongly believe that they are being treated without using harmful chemicals or drugs.
Studies have found some herbal remedies have been adulterated with approved or banned drugs and even toxic heavy metals. Adulterants have been linked to a range of side effects of varying severity including hypertension, heart problems, psychiatric disorders and in some instances even deaths.
"The composition of many of these products is uncertain, there may be contaminants and pharmaceutical additives, and their interaction with prescription medications is unpredictable," says Professor Byard.
"However, the potential role and impact of herbal medicines, and possible adulterants within them, is usually not considered in medicolegal cases.
"Forensic facilities may be missing the presence of harmful or toxic substances when carrying out post mortem assessments not because the substances aren't there but because pathologists may not be looking for them.
"When considering cases in which a person has died after taking herbal medicines sourced from overseas, forensic pathologists need to take extra care to consider the possibility that adulterants have played a role in the person's demise," says Professor Byard.
Professor Roger Byard is calling for closer checks during post-mortems for the presence of drugs and adulterants that originate from herbal remedies."There is a possibility that harmful materials found in herbal medicines are either contributing to, or causing, deaths of overseas travellers," says Professor Byard.
'These factors should be considered in all medical and legal cases involving recent overseas travel, particularly to Asian destinations."
As part of health and wellness tourism, Western travellers to many Asian countries now often visit herbal centres. Free health checks may be performed at these centres and herbal products are offered for sale. They offer hope to a growing number of people looking for a cure for their health problems.
"This type of health tourism is based upon learning about and consuming traditional medicinal herbs and is an important part of the worldwide medical tourism industry," says Professor Byard."Patients wrongly believe that they are being treated without using harmful chemicals or drugs.
Studies have found some herbal remedies have been adulterated with approved or banned drugs and even toxic heavy metals. Adulterants have been linked to a range of side effects of varying severity including hypertension, heart problems, psychiatric disorders and in some instances even deaths.
"The composition of many of these products is uncertain, there may be contaminants and pharmaceutical additives, and their interaction with prescription medications is unpredictable," says Professor Byard.
"However, the potential role and impact of herbal medicines, and possible adulterants within them, is usually not considered in medicolegal cases.
"Forensic facilities may be missing the presence of harmful or toxic substances when carrying out post mortem assessments not because the substances aren't there but because pathologists may not be looking for them.
"When considering cases in which a person has died after taking herbal medicines sourced from overseas, forensic pathologists need to take extra care to consider the possibility that adulterants have played a role in the person's demise," says Professor Byard.
Some LED Grow Light companies will tell you anything to get you to buy their lights, even if it means lying and scamming their customers. This article will help you learn how to pick a good LED Grow Light and avoid scammers and liars.
Although there are some LED light companies that sell LED lights that work and are worth the money most do not. It is very difficult to tell which lights actually work, which company is a fraud and which company will back up their claims if something goes wrong with the light. This article will teach you what questions to ask, what to look for and what to avoid.
1. Company Reputation and Credentials: When choosing a LED Grow Light Company first start by looking for a Better Business Bureau Logo. Make sure this logo is a link that can be clicked on and not just a BBB picture they show to trick you. If they are an actual member of the BBB, they are required to link to a page on the BBB website that shows their rating and their complaint report. The company should have a B+ rating or higher and less than 3 unresolved complaints in the last 12 months. The companies with A ratings with the BBB and few complaints are probably offering good LED Grow Lights and not scamming people.
2. Product Quality and Performance: cheap LED grow lights, seen by the untrained eye, are very similar to quality LED Grow Lights. Some people think that the price of the light determines the quality. This is sometimes true but not a very good indicator since a poor light could be sold very high. There are a few ways to determine for sure if the light you are looking at is worth anything or not. Ask the sales rep for the light to explain the heat sink of their lights and how it is made. The heat sink of a quality LED Grow Light should be made of solid aluminum with a porous texture, not a flat sheet of aluminum. The porous texture will dramatically increase the lights life span and its ability to perform at peak levels without burning out or diminishing in just a few months. The heat sink of the light is very important and the sales rep should not have any difficulty describing their heat sink and why it works well. If he or she struggles with answering this question you should look elsewhere for a light. Second, the quality of the LED is most important and very hard to check. Simply ask the sales rep what brand of LED they use for their red LEDs. The red LED is the most important and should be made by an American company such as CREE(although CREE is extremely expensive), Semi-LED or Epi-Star and the blue LEDs should be made by Bridgelux. Again, if the response to this question is not easy and sufficient then they are probably using cheap Chinese made LEDs, which tend to be weak and not last very long.
3. Warranty and Guarantees: It is a simple fact a warranty is only as good as the company offering it. Anyone can say they warranty their lights for 2, 3, 5 or even 10 years but they must actually back up their warranty and still be in business if the light fails for the warranty to be worth anything. Because of this, you should focus your efforts on finding a company with years of business experience that sells quality lights with at least a 2 year warranty. Guarantees are also great to look for, but again they are completely only as good as the company itself. Look for a guarantee of at least 30 days with no restocking fees, and no restrictions on the reason for returning. Some companies offer misleading guarantees that say "90 Day Risk Free Trial", but if you read their Terms and Conditions you will have to arrange and pay for the return shipping and pay restocking fees.
The last thing to do before giving anyone your credit card number is to read the company's Terms and Conditions and print this off for your review if need be. Some companies will try to hide the Terms page so the customer is unaware of what they are committing to when purchasing.
While Europe used to be the largest market for Russian oil exports,
Saudi Arabia has recently sent a record number of oil tankers to Egypt.
The shipment data compiled by Bloomberg shows that as of March, Saudis
daily oil exports to Egypt reached 1.3 million barrels, the highest
level in at least 3 years.To get more news about Saudi Wages, you can visit wikifx news official website.
The freights will be shipped to a terminal at the southern end of Suez Canal, where theyll be further transferred to the storage and exportation facilities in the Mediterranean region.
At the beginning of March, Saudi already began cutting official price of oil exported to Europe by an unprecedented level, which makes the actual price of oil sold to Europe to be US$10 / barrel.
As the global oil demand is experiencing a historical slump(down by 26 million barrel per day, according to statistics from Goldman Sachs), European oil plants are reducing their output to avoid excessive inventory.
But Saudis ramping up of crude export to Europe can slash Russian oil export by 1 million barrels per day.
The greatest challenge facing Russian oil industry is the permanent loss of capacity after part of the producers with higher costs are crushed by Saudi‘s move. A HFI research estimates that about 10% of Russian’s oil producing capacity will be lost irreversibly and Russias daily output will reduce by 500 thousand to 1 million barrels permanently.
The energy sector is seeing perhaps one of the most frantic moments in history, with the pricing getting out of control.
The freights will be shipped to a terminal at the southern end of Suez Canal, where theyll be further transferred to the storage and exportation facilities in the Mediterranean region.
At the beginning of March, Saudi already began cutting official price of oil exported to Europe by an unprecedented level, which makes the actual price of oil sold to Europe to be US$10 / barrel.
As the global oil demand is experiencing a historical slump(down by 26 million barrel per day, according to statistics from Goldman Sachs), European oil plants are reducing their output to avoid excessive inventory.
But Saudis ramping up of crude export to Europe can slash Russian oil export by 1 million barrels per day.
The greatest challenge facing Russian oil industry is the permanent loss of capacity after part of the producers with higher costs are crushed by Saudi‘s move. A HFI research estimates that about 10% of Russian’s oil producing capacity will be lost irreversibly and Russias daily output will reduce by 500 thousand to 1 million barrels permanently.
The energy sector is seeing perhaps one of the most frantic moments in history, with the pricing getting out of control.
Recently, many countries have implemented the policy of home quarantine.
“Working from home” and “online investment” have become the best
choices for most people. However, during this period of time, online
financial scams have also become rampant. In the forex market, quite a
number of illegal brokers use the internet to post false advertisements,
inflict unjustified trading losses on investors and delay withdrawals.
These problems happen so frequently that complaints from victims of the
scams never stop.To get more news about OlympusFx, you can visit wikifx news official website.
Recently, WikiFX exposure channel received complaints from Asia investors against OlympusFx, the main problems being unjustified losses and withdrawal failures. A withdrawal of one of the investors has been postponed for nearly 2 years! The humble investor told WikiFX that due to the lack of practical experience in the forex market, he deposited 1,000 US dollars at OlympusFx, a platform recommended by his acquaintance. But, after real-account trading he found that the trading environment was terrible, and the spread was ridiculously high. In the end, he almost lost all his money.
Platforms like OlympusFx have robbed tens of thousands of grassroots-investors. Now, OlympusFx is still cheating more people under the excuse that they have “left Chinese market and thus unable to process the withdrawals”. Once again, WikiFX reminds you to stay away from this broker and be alert! For investors who have been defrauded, please keep the evidences and contact WikiFX to get assistance in defending your right!
Per investigation, we found that the score of OlympusFx is only 1.22 on WikiFX APP. The broker is an offshore-broker registered in Saint Vincent and the Grenadines, currently without valid regulation and bearing great risks.
Up to now, WikiFX APP has included more than 17,000 global forex brokers, while integrating forum, exposure, inquiry, news feed and other functions to ensure the safety of your funds 24/7. Click here to download our APP.
Recently, WikiFX exposure channel received complaints from Asia investors against OlympusFx, the main problems being unjustified losses and withdrawal failures. A withdrawal of one of the investors has been postponed for nearly 2 years! The humble investor told WikiFX that due to the lack of practical experience in the forex market, he deposited 1,000 US dollars at OlympusFx, a platform recommended by his acquaintance. But, after real-account trading he found that the trading environment was terrible, and the spread was ridiculously high. In the end, he almost lost all his money.
Platforms like OlympusFx have robbed tens of thousands of grassroots-investors. Now, OlympusFx is still cheating more people under the excuse that they have “left Chinese market and thus unable to process the withdrawals”. Once again, WikiFX reminds you to stay away from this broker and be alert! For investors who have been defrauded, please keep the evidences and contact WikiFX to get assistance in defending your right!
Per investigation, we found that the score of OlympusFx is only 1.22 on WikiFX APP. The broker is an offshore-broker registered in Saint Vincent and the Grenadines, currently without valid regulation and bearing great risks.
Up to now, WikiFX APP has included more than 17,000 global forex brokers, while integrating forum, exposure, inquiry, news feed and other functions to ensure the safety of your funds 24/7. Click here to download our APP.
Last year, illegal broker PTFX ran away after blowing up all the
accounts of its users, leaving the entire FX market astonished. The
number of victims reached 2 millions very shortly, and many of them
became homeless and debt ridden just overnight. Although PTFX has
crashed, its former staff are still out there relentlessly defrauding
investors under the name of other companies. With PTFX under
investigation, Huang ZhiMing, the NO. 1 scammer of PTFX, has been
exposed to the public.To get more news about Malaysia Dato, you can visit wikifx news official website.
We learned that while working for PTFX, Huang also signed contracts with several forex companies, including Leighton Futures and JCI. He claimed to have received the title of "Malaysia Dato" while calling himself the “Asia’s No.1 trader”. According to Huang, investors can get 100% profits guaranteed in trading under his help, with a 1% minimum weekly dividend and even greater return proportional to the deposit.
But were his claims real？ Or were they simply tales he used to scam gullible investors across Southeast Asia？
Not long ago, WikiFX revealed that Leighton Futures was a lame Ponzi scheme that has been blocking withdrawals for a long time. The forex investment project launched by the broker was suspected to be a pyramid scheme, and Huang Zhiming was the trader who ran this project. Interestingly, not long after Leighton Futures collapsed, JCI, another forex company which signed contract with Huang Zhiming, also had a large number of customer complaints for much-delayed withdrawals and pyramid schemes. Currently, some victims of JCI have called the police!
Per checking WikiFX, we found that the illegal broker JCI, rated at only 1.06 on WikiFX App, is without any valid regulation and involves pyramid scheme. In addition, the broker doesn’t use MT4/MT5 software and has been in business for less than 1 year, bearing tremendous risks.
We may conclude from the above information that although with different names, Leighton Futures and JCI, together with PTFX, have been defrauding investors with similar tricks. This suggests that PTFX as well as scammers like Huang may still be lurking around, so investors should definitely watch out for them.
So far, WikiFX App has included profiles of more than 17,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, offering better protections for your assets.
We learned that while working for PTFX, Huang also signed contracts with several forex companies, including Leighton Futures and JCI. He claimed to have received the title of "Malaysia Dato" while calling himself the “Asia’s No.1 trader”. According to Huang, investors can get 100% profits guaranteed in trading under his help, with a 1% minimum weekly dividend and even greater return proportional to the deposit.
But were his claims real？ Or were they simply tales he used to scam gullible investors across Southeast Asia？
Not long ago, WikiFX revealed that Leighton Futures was a lame Ponzi scheme that has been blocking withdrawals for a long time. The forex investment project launched by the broker was suspected to be a pyramid scheme, and Huang Zhiming was the trader who ran this project. Interestingly, not long after Leighton Futures collapsed, JCI, another forex company which signed contract with Huang Zhiming, also had a large number of customer complaints for much-delayed withdrawals and pyramid schemes. Currently, some victims of JCI have called the police!
Per checking WikiFX, we found that the illegal broker JCI, rated at only 1.06 on WikiFX App, is without any valid regulation and involves pyramid scheme. In addition, the broker doesn’t use MT4/MT5 software and has been in business for less than 1 year, bearing tremendous risks.
We may conclude from the above information that although with different names, Leighton Futures and JCI, together with PTFX, have been defrauding investors with similar tricks. This suggests that PTFX as well as scammers like Huang may still be lurking around, so investors should definitely watch out for them.
So far, WikiFX App has included profiles of more than 17,000 forex brokers around the world, while integrating broker information query, exposure, news feed and other functions, offering better protections for your assets.
The recent data from International Monetary Fund shows that in Q4, 2019,
the dollars share in global foreign reserves reported by the IMF
dropped to 60.8% compared to the previous quarter, falling for the
second straight quarter.To get more news about USD’s Proportion, you can visit wikifx news official website.
As the number of confirmed cases continues to rise, the United States has now become the epicenter of the global coronavirus outbreak. Before the large-scale outbreak in the United States, due to the spread of the virus across the world and the consequent interruption of global supply chain, US stocks promptly responded with a heavy slump that triggered trading curb four times in just a few weeks, with the S&P 500 index tumbling by 20% from the highest point with unprecedented speed.
Under bailout pressure, the Fed took swift actions within a short period by first adopting zero interest rate and then launching large-scale quantitative easing, with a speed and intensity far beyond the interpretation of traditional currency theories and expectations from the market. While the Fed's policies have been somewhat effective in the short term, some experts pointed out that the series of approaches are essentially printing US dollars recklessly which will lead to dollar's depreciation, dividing the cost of market rescue efforts on the world. Experts warn that from historical experience, excessive quantitative easing is currency devaluation which “beggar-thy-neighbor”, boosting hidden risks of global inflation.
In fact, the Feds monetary policies have still failed to achieve satisfactory results, and the US government has no choice but to issue another US$2 trillion fiscal stimulus bill. Obviously, huge fiscal stimulus will seriously threaten the sustainability of US government debt, and as the number of unemployed people increases, the extreme gap between rich and poor will greatly reduce US society's resilience to economic shocks.
Some analysts pointed out that after this round of crisis, the US dollar's share in the international currency reserve may decline further.
On the other hand, data previously released by the IMF showed that while the share of the dollar has fallen, the share of the Renminbi in global foreign exchange reserves has risen. In the fourth quarter of 2019, global foreign exchange reserves increased to US$11.829 trillion, up 1.5% from the previous quarter and more than 3% from the fourth quarter of 2018. These include RMB assets worth of about US$202.79 billion, accounting for 1.89% of the global official foreign exchange reserve assets and surpassing the share of Aussie dollar (1.62%) and Canadian dollar (1.84%).
With previous epicenters Wuhan and Hubei Province ending their lockdown restrictions, China is accelerating resumption of production; the Chinese government has relatively greater fiscal space, and coupled with significant reduction in leverage over the past four years, the RMB assets' overall performance is relatively stable, showing the characteristics of safe-haven assets.
Analysts pointed out that China's current national bond yields are higher, therefore more attractive to international investors, and the RMB exchange rate will remain on the track of appreciation in the long-term.
As the number of confirmed cases continues to rise, the United States has now become the epicenter of the global coronavirus outbreak. Before the large-scale outbreak in the United States, due to the spread of the virus across the world and the consequent interruption of global supply chain, US stocks promptly responded with a heavy slump that triggered trading curb four times in just a few weeks, with the S&P 500 index tumbling by 20% from the highest point with unprecedented speed.
Under bailout pressure, the Fed took swift actions within a short period by first adopting zero interest rate and then launching large-scale quantitative easing, with a speed and intensity far beyond the interpretation of traditional currency theories and expectations from the market. While the Fed's policies have been somewhat effective in the short term, some experts pointed out that the series of approaches are essentially printing US dollars recklessly which will lead to dollar's depreciation, dividing the cost of market rescue efforts on the world. Experts warn that from historical experience, excessive quantitative easing is currency devaluation which “beggar-thy-neighbor”, boosting hidden risks of global inflation.
In fact, the Feds monetary policies have still failed to achieve satisfactory results, and the US government has no choice but to issue another US$2 trillion fiscal stimulus bill. Obviously, huge fiscal stimulus will seriously threaten the sustainability of US government debt, and as the number of unemployed people increases, the extreme gap between rich and poor will greatly reduce US society's resilience to economic shocks.
Some analysts pointed out that after this round of crisis, the US dollar's share in the international currency reserve may decline further.
On the other hand, data previously released by the IMF showed that while the share of the dollar has fallen, the share of the Renminbi in global foreign exchange reserves has risen. In the fourth quarter of 2019, global foreign exchange reserves increased to US$11.829 trillion, up 1.5% from the previous quarter and more than 3% from the fourth quarter of 2018. These include RMB assets worth of about US$202.79 billion, accounting for 1.89% of the global official foreign exchange reserve assets and surpassing the share of Aussie dollar (1.62%) and Canadian dollar (1.84%).
With previous epicenters Wuhan and Hubei Province ending their lockdown restrictions, China is accelerating resumption of production; the Chinese government has relatively greater fiscal space, and coupled with significant reduction in leverage over the past four years, the RMB assets' overall performance is relatively stable, showing the characteristics of safe-haven assets.
Analysts pointed out that China's current national bond yields are higher, therefore more attractive to international investors, and the RMB exchange rate will remain on the track of appreciation in the long-term.