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The annual imports and exports of the private sector grew by 12.9 percent, accounting for 53.8 percent of the city's total foreign trade volume and contributing more than 94 percent to its foreign trade growth, according to the Shenzhen Customs.

The annual Central Economic Work Conference on Dec 10 to 12 indicated that policymakers recognized that downside pressures on growth are increasing and they have vowed to work to stabilize growth, according to Nomura Securities research.

The answer is that imports will improve initially, but this will cause the dollar to appreciate in foreign currency markets. This, in turn, will (a) partially offset an increase in import prices from tariffs and (b) increase the foreign currency prices of US exports.

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The announcement narrows the number of areas facing such scrutiny — it removed areas including potential investment risks posed by "small parent companies with large subsidiaries and by new enterprises established in a short period of time rushing to go global."

The analyst expected access for retail investors to widen to encompass all local government bonds in 2020.

The announcement from Pickering’s Gin closely follows the launch of direct Hainan Airlines flights between Beijing and Edinburgh, and an initiative in Edinburgh to ensure local businesses offer Chinese visitors a warm welcome.

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The areas all serve the two-way flow of capital, people and goods, Phillips said. Moreover, the integration of HK into GBA will strengthen and enrich HK's role as the global super-connector.

The approval is a major step in China's active participation in global governance on the arms trade and safeguarding international and regional peace and stability.

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The appointments, to take effect by Jan 1, come after months of turmoil for the automaker in the wake of the arrest of former chief Ghosn on allegations of financial misconduct.

The ambassador said for "one country, two systems" to work in Hong Kong, there are three bottom lines, namely, no tolerance of any activity that undermines national sovereignty and security, that challenges the authority of the Chinese central government or the Basic Law, and that uses Hong Kong for infiltration into or sabotage of the Chinese mainland.