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Confronted with COVID-19, China and the Philippines and their people, have been standing with and supporting each other, which vividly illustrates the brotherly friendship between the two countries. Chinese people will never forget the latter's valuable support when China was hit hard by the pandemic. Likewise, when the Philippine people suffered, China spared no efforts in helping its neighbour, providing batches of urgently needed medical supplies, sharing information and experience, and dispatching medical experts. Believing that mankind is in a community with a shared future, China works closely with the Philippines to support the WHO in playing a leading role in fostering international solidarity against the virus and rallying the efforts to build a global community of health for all.

Compared with the heavy-asset traditional infrastructure with long-term returns, the new types of high-tech infrastructure are more likely to attract investment from private investors, which will inject new impetus into the economy, Chen added.

Compared with political and military relations, economic relations based on market exchanges have the most obvious characteristics of mutual benefit, and they are also the most resilient and lasting forces in maintaining peace. The use of economic interests as bonds to gradually establish rules and regulations for mutual compliance is the most realistic and practical method for building a community with a shared future.

Cohn, a veteran Wall Street banker and "globalist" within the White House, has been mounting a last-ditch attempt to head off Trump's new tariffs plan on steel and aluminum, according to Bloomberg reports citing sources familiar with the issue.

Compared with established ports in northern Europe such as Rotterdam, Antwerp or Hamburg, Italian ports could save about five days' sailing time for ships passing the Mediterranean, Duci said.