The UK currently has 22,821 serviced apartments, with some 3,677 more are set to be built by 2020, a 17 percent increase on current supply. The sector is worth 978 million pounds(.27 billion), according to the lodging industry data provider STR.
The UN agency's optimistic projection on China is shared by other major international agencies as Beijing's timely and effective policies to restore economic and social activities have yielded positive results with the economy back on a steady track to recovery since the second quarter.
The US Commerce Department has granted ZTE Corp's request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday.
The US is among a slew of destinations around the globe that Alibaba is aiming to establish a foothold in. Since the start of this year, the company has opened an office in Melbourne, signed pacts for importing Argentina's top agricultural products and vowed to march into Canada through a similar trade fair in September.
The US president also said he supports Brazil to join the OECD.
The US-China trade conflict is putting economic integration and cooperation at risk not only between the two countries but in the wider Asia-Pacific region, an expert said at a university forum.
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The U.S. Bureau of Labor Statistics estimates that by 2020 there will be 1.4 million computer-science related jobs and just 400,000 graduates with the skills needed to fill them. Narrowing that gap has been an acute focus of big tech companies, like Amazon. In November, the Seattle tech titan launched “Amazon Future Engineer,” a program that funds computer science classes and scholarships with a focus on underserved students.
The United Nations Conference on Trade and Development said in its latest report that the global economy is likely to contract by 4.3 percent this year and the contraction will leave global output by the end of the year over trillion short of economists' expectations before the COVID-19 pandemic. That contraction and shortfall would be the equivalent of a complete wipeout of the Brazilian, Indian and Mexican economies.
The US government has threatened tariffs on European cars and car parts after it imposed tariffs on European steel products last year, both in the name of "national security threat".
The UK currently attracts around 450,000 overseas students each year, with around one-third coming from the European Union.