Presidential envoy speaks with Kissinger
Prominent Chinese business leaders and trade experts denounced the United States' newest levies on Chinese goods as irrational and destructive for both countries' business community.
Pressure for further action may intensify as the near-term economic picture worsens. On CBS' Face the Nation, White House economic adviser Kevin Hassett said the US unemployment rate could rise to somewhere "north of 20 percent" in May or June before the economy moves into what administration officials have said will be a robust recovery in late 2020.
Property, banking, chemical firms post strong gains on major bourses
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Proponents said the project provides a cost-saving alternative to travel by airplane and that it contributes to economic developments in the Golden State. But critics have said the project is a waste of time and money.
Projects concerning education, healthcare and public transport, including 5G intelligent buses from Geely Automobile Research Institute, are currently undergoing tests inside the lab. Experts say that once officially launched and commercialized, such cutting-edge technologies are expected to transform people's way of living such as daily commuting and the traditional industrial manufacturing model.
Prices for iPhone XS and iPhone XS Max declined as much as 500 yuan, and iPhone XR, iPhone 8 and iPhone 7 also had their price fall by 300 yuan.