In mid-August, a spokesman for the nation's top authority on the city's affairs-the Hong Kong and Macao Affairs Office of the State Council-warned that violence has shown the "first signs of terrorism" in the SAR.
In late November, Secretary for the Civil Service Patrick Nip Takkuen announced that all of the SAR's 18,000 civil servants were required to swear allegiance to the SAR and uphold the Basic Law. High-ranking officials were required to take oaths, and junior level were asked to sign declarations.
In legislative affairs, tasks include promoting legislation with a holistic approach to national security, protection of intellectual property rights and key reform areas.
In light of the (temporary) ceasefire of the US-China trade conflict following the meeting between President Xi Jinping and his US counterpart Donald Trump on Dec 1, we now expect a less sharp slowdown in China's export and GDP growth in the first quarter of 2019. A mutual understanding of a stable RMB exchange rate to US dollar is likely an important part of any trade deal, and as such, we expect to see RMB to US dollar hovering around 7 for longer. China's domestic policy mix may pivot somewhat as well.
In nearby Enga Province, a similar surge in violence prompted the establishment of a makeshift military garrison and the deployment of a company of around 100 government soldiers.
In particular, I have long focused on China's surplus saving as a vital lever to promote economic rebalancing. China's domestic saving rate, while it is coming down, remains very high at around 43 percent (versus 22 percent for the so-called developed economies of the world, according to the International Monetary Fund).
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In light of the "black terror" and the strained police force, he called for the upcoming District Council elections to be rescheduled, saying there can be no fair polls if voters and candidates are exposed to threats and assaults.
In his speech after Xi's, Li Zhanshu said it has been the collective will of nearly 3,000 NPC deputies and common wish of all Chinese people to unanimously elect Xi president of China and chairman of the Central Military Commission of the PRC.
In her opening remarks, Hellen Kiarie, local director of the Confucius Institute at Kenyatta University, hailed the spirit of give and take that has been promoted through cultural exchange activities like the annual Chinese song contest.
In particular, PayPal’s Beacon dongle allows smaller retailers to leverage PayPal’s user-base to track what customers are buying, and provide them with the ability to pay with their smartphone, rather than having to fish out a credit card.