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And safety and convenience have likewise spurred more consumers across the region to use digital wallets as social distancing has become the norm amid the COVID-19 outbreak.

Andrew Cohen and William Hennelly in New York and Reuters contributed to this story.

And it comes at a pivotal moment in Trump’s presidency, with the impeachment inquiry moving quickly.

Analysis showed Shanghai's main attraction to global scientists is its remarkable innovation resources, scoring highest in terms of research funding support. Its other advantages include leading institutions, research opportunities, high-tech industries and scientific research infrastructure.

Analysts at Shanghai Chongyang Investment Co, an asset manager, said in a research note that the bond market may bear short-term pressure as some financial institutions would seek to sell bonds in compliance with the new regulation. They added that mid- and long-end interest rates in the market will likely remain at a high level.