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He believes a decision to trigger a Section 301 today is problematic because it would provide additional fuel to the already simmering argument that the Trump administration is undoing the American commitment to rules-based trade and decades of work to establish international cooperation.

He finishes slicing it successfully without bursting the balloon, but that's not the end of the show.

He noted the reason might be that Pompeo has defied legal mandates from Congress, ordered staffers to carry out errands for himself and his family, and fired the State Department's inspector general who was investigating Pompeo's violations, according to the report.

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He confirmed that the Ministry of Transport and Civil Aviation in Sri Lanka has issued a gazette notification allowing three more airports to accept international flights. Airports in Ratmalana, Palaly and Batticaloa join existing international airports in Katunayake and Mattala.

He noted that Hong Kong's natural harbor has contributed to the city's successful economy. "As a staunch supporter of free trade and open markets, we welcome companies from all corners of the globe to do business in our city," he said. Hong Kong is now Rhode Island's fifth largest Asian export market.

He noted that as permanent members of the United Nations Security Council, the two countries should continue to deepen international cooperation and make greater contributions to building a new type of international relations featuring mutual respect, fairness, justice and win-win cooperation.

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He encouraged Taiwan entrepreneurs to apply their competitive edge in intelligent and green manufacturing in the mainland's traditional industries. He also suggested Taiwan entrepreneurs could take part in the emerging sectors in the mainland.

He felt the recent bout of legislation was "just the first step" in improving cybersecurity, pointing out that the country still faced some challenges.

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He cited the instance of the internet and telecom industries, saying that the average tenure for employees in the former sector is 1.47 years, compared to 2.6 years for the latter.

He believed the yuan would stabilize and there was little chance the currency would weaken beyond 7 per US dollar. He estimated the yuan would appreciated slightly, from 6.95 to 6.93.