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"Had the Fed not announced a cut, the decision would have amounted to disappointing news, which would have fueled further panic," analyst George Selgin told The Washington Post. "What matters most isn't what the Fed has done today, but what actions it signals for the future."

"Graphs of the coronavirus curves in Britain, Canada, Germany and Italy look like mountains, with steep climbs up and then back down. The one for America shows a fast climb up to a plateau. For a while, the number of new cases in the US was at least slowly declining. Now, according to The Times, it's up a terrifying 22 percent over the last 14 days," wrote Michelle Goldberg in an opinion.

"Guarding against systemic financial risks is the eternal theme of financial work and the government should take stronger initiative to monitor, warn against and deal with risks in a timely manner," Xi said.

"Foal Eagle is being reorganized a bit to keep it at a level that will not be harmful to diplomacy," Mattis told reporters.

"For companies, fulfilling social responsibilities is not only for fair social development but also for a growth that is sustainable and is of high quality," Ma Teng, deputy head of QQ.com, the major news subsidiary of Tencent Holdings, said.