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But the process to establish and protect the brand name is painstaking, said Zhou Li, board secretary of Nongfu Spring. In the past three to five years, the company has worked hard to track down counterfeits in the market. The company filed more than 20 civil suits in Jiangxi last year.

By any standard, the forum -- covered by over 4,000 journalists -- is the most prestigious international gathering China has ever launched and one of the highest-level assemblies in the world.

By Saturday 13.2 million Americans had contracted the coronavirus and 266,000 had died as a result, Johns Hopkins University said.

But the extra 0 per recipient from the Federal Pandemic Unemployment Compensation program will run out for 25 million people on or before July 25, cutting off 60 percent of their income, according to CNBC. State benefits average 0 a week, down from about 0 per week that the extra 0 benefit had boosted. 

But the de-dollarization process will be a long-term evolution, Luft said. "We do not believe the yuan or any other single currency will replace the dollar (any time soon)."