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Daisy Ho, president of the Chinese operations at Fidelity International, said the global asset manager's long-term business plan and commitment to China remains unchanged despite the epidemic, and the company is proactively applying for a mutual fund license.

Daniel Ikenson, director of the Cato Institute's Herbert A. Stiefel Center for Trade Policy Studies, said banning Huawei and ZTE products from US carriers, consumers, and government offices provides, at best, a false sense of cybersecurity, because those measures presume unique threats from those companies.

Debra Dinnocenzo, president of the consultancy VirtualWorks, which advises companies in the US and Europe on transitioning to working from home, said: "I think there will be some upside to this disruption that workers will want to preserve. People and families are going to be spending more time together.

Data collected by Chinese scientists in an early clinical trial show that the therapy, called chimeric antigen receptor (CAR) T-cell immunotherapy, could be a safe and effective way to treat relapsed or refractory multiple myeloma.

Defense Department spokeswoman Dana White said Mattis would work with Shanahan and Pentagon leadership to ensure the department "remains focused on the defense of the nation during this transition."