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"Economists often emphasize the positive effects of lower oil prices for the consumer via higher real income, which are real," Goldman Sachs said. "But in some economies — most importantly in the US — they are largely or entirely offset by the negative effects on the oil-producing sector and the associated hit to oil-exposed credit and equity names."

"Expanding and diversifying our relationships, particularly with fast-growing economies such as China, is an important part of strengthening and growing the middle class and building an economy that works for everyone," said Morneau.

"Feet on the ground, look forward, unlock your knees," Edith Chiang, the instructor of the qigong class, said as she demonstrated the movements.

"During the first quarter, the current account is likely to remain stable within a reasonable range, although it may show a deficit. The COVID-19 pandemic will not alter the basic trend in the medium to long term," said Wang.

"Entire towns folded up, and what had been a 2,400-mile (4,000-kilometer) carnival became－to a large extent－a 2,400-mile ghost town," explains David Knudson, founder and executive director of the nonprofit National Historic Route 66 Federation.