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As a result of the partnership, UnionPay prepaid and debit cards with chip-enabled technology, will be issued, first into the Kenyan market and then extended into East Africa.

As US President Donald Trump's administration has slapped tariffs on solar panels and washing machines from China, and some other countries such as South Korea and Mexico, the nation has initiated an anti-dumping probe on imports of sorghum, which is a type of grain processed into feed, from the US last week.

As an important player in the aviation industry chain, Airbus has also been hit hard by the pandemic. The company has taken various measures to survive, including striving for credit support of 15 billion euros (.8 billion) and slowing down aircraft deliveries.

As far as the race of automated car is getting more competitive with many new comers in the field, Daimler confirmed its unchanged vision of achieving accident-free driving with autonomous technologies in the near future.

As bikes get fancier and more expensive, it would still take about a year to recoup the production expenses of a bike, not to mention maintenance, theft and vandalism, he added.