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An online trial is hosted by the People's Court of Jiading district in Shanghai on Feb 10. [Photo/jiading.gov.cn]

And with shop prices rising as the Turkish lira has tumbled, losing nearly 30 percent of its value against the dollar last year, the auctions offer a welcome alternative.

And, in a sure nod toward highly sought-after millennial customers, the first webroom employs a digital wall showing real-time social content. Interestingly, Blue Nile has only opened webrooms thus far in states with no new sales tax implications. It already charges sales tax for online customers in New York, because the company has an office there, and there’s no sales tax in Oregon ― the site of Blue Nile’s first West Coast webroom.

Analysts said the US oil futures price turning negative reflects an energy market continuing to reel from the dual demand-supply shock amid the COVID-19 pandemic, and China should further increase domestic oil and gas storage facility construction for better energy security.

Angiola Rucci, project manager with event organizing company Triumph Asia, a unit of Italy-based Triumph Group International, said the initiative has fueled two-way exchanges between China and Europe, supporting their business.