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"Diagnoses and treatments have historically mainly been developed in the West," Barber said. "It makes sense to therefore invest in opportunities that can improve diagnosis and treatment of disease for an Asian population and I think investors see huge opportunities in this space."

"Due to the economic fallout from the COVID-19 epidemic, the upper limit for China's inflation target could rise to 6 percent," said Cheung. The People's Bank of China, the central bank, is capable of adjusting the monetary policy targeting a certain range of the price index, he said, adding that the inflation target can be scaled down later, so as to temper hyperinflation expectations.

"Effective therapies for COVID-19 are urgently needed," said James Kiley, director of the Division of Lung Diseases of the National Heart, Lung, and Blood Institute, part of the NIH.

"Developing financial literacy skills and knowledge is critical now that individuals are becoming increasingly responsible at an ever earlier age regarding financial risks affecting their future," said Angel Gurria, OECD secretary general, at the launch of the report in Washington.

"Due to Amritsar train tragedy on Amritsar-Manawala railway section, 27 passenger trains and 10 Mail Express trains have been cancelled," an official said. "Besides this 16 trains have been diverted."