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Bankrupt British travel giant Thomas Cook was within days of running out of cash, according to a High Court witness statement made by its now former chief executive Peter Fankhauser.

Bai Ming, a senior research fellow with the Chinese Academy of International Trade and Economic Cooperation, said, "The global supply chain already risks fragmentation amid the COVID-19 pandemic, and the latest move from the US government would make things worse."

BYD, China's new-energy vehicle giant turned coronavirus warrior, said it expects to export 1 billion protective masks by the end of May. [Photo provided to chinadaily.com.cn]

Back in 1998, the development of expressways was the main driving force for domestic demand. However, according to the general loan regulations at that time, it was impossible for banks to lend to firms involved in highway construction projects.

BYD would bring its cutting-edge transport solutions to Brazil's third-largest city, which urgently needs adequate public transport to support its growing population, said Stella Li, senior vice president of BYD Company Limited and President of BYD Motors Inc.