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"California's laws have prevented the most severely ill from getting care until they are literally at death's door," said Snook. "Recognizing that these people are in need of help and, changing conservatorship laws to facilitate treatment is an appropriate step."
"But what's really unusual is the nature of the crisis, driven by a deadly virus. This is the first time in several generations that we've seen a global economic downturn driven entirely by a social challenge."
"CAR is building a service platform targeting the future 10-year development and tackling the current issues on a big-data basis to better match our supplies and the customers' demands," Lu said.
"But too much aggressive stimulus may lead to inflation and a surge in the macro leverage ratio," the PBOC governor warned. "Thus, (China) needs to keep using the conventional monetary policy tools as long as possible, to support the long-term development strategy."
"China is an important market for Nomura, and Lu Ting's appointment is further evidence of our commitment to building up our China expertise," said Toshiyasu Iiyama, Nomura's executive chairman, Asia ex-Japan, and head of China Committee in a statement.
来源：资阳报