Hong Kong has kept its rates unchanged after previous US rate hikes. Considering the weakness of the Hong Kong dollar, which has sunk to the level that would trigger central bank intervention under the linked exchange rate mechanism, Hong Kong may have no choice but to fall in line with the US sooner or later.
Hisense blamed the rise in the costs of raw materials and shrinking production for the decline.
Home to over 3,000 books, the disused boats form a floating library, the first public library in West Maozhou Island in 400 years.
Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor gives a press briefing in Hong Kong, Feb 3, 2020. [CALVIN NG/CHINA DAILY]
Ho cries out for democracy and the freedom to choose. She fails to acknowledge that the chief executive is appointed the same way as the president of the US - by an electoral college. President Donald Trump lost the country's popular vote to Hillary Clinton in 2016, yet the 538-strong electoral college voted him in. In Hong Kong, the chief executive was voted in by a 1,200-strong electoral college made up of a very broad cross-section of the community. It included all members of the Legislative Council.
Hon Hai said it would set up artificial intelligence laboratories in Beijing, Shanghai, Nanjing and Shenzhen, with an aim to make the Foxconn unit one of the world's largest internet of things companies in the industry, according to Terry Gou, the company chairman.
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His caution may be related to the tough sanitary barriers that the Chinese government has set for pork imports.
Hong Kong's Education Bureau has firmly opposed initiatives calling all secondary school students in the city to boycott school when the new term begins, citing likely impact on school operations and student relationships.
Hong Kong has seen a resurgence of the pandemic since early July, with 1,852 additional COVID-19 cases reported between July 8 and July 30, a 140 percent increase from the total number of cases recorded over the previous six months, Lam said at a news conference.
His spokesman Kim Euikyeom said that Moon will meet and have lunch on Saturday with the ranking DPRK delegation, led by Kim Yong-nam, president of the Presidium of the Supreme People's Assembly.