Homi Kharas, a senior global economics and development fellow at the Brookings Institution, said the coronavirus puts China's economy on track to reach parity with the US in 2028 in absolute terms, using current dollars, two years faster than his pre-coronavirus estimate, according to the article.
Hong Kong legal experts on Sunday expressed support for returning officers in requesting some Legislative Council hopefuls to clarify their stance on safeguarding national security and allegiance to the city.
His running plan was inspired by a report about a sailor circumnavigating the globe.
Hong Kong is on the verge of a significant local outbreak after a surging number of imported cases, he warned.
Hong Kong - Chief Executive of China's Hong Kong Special Administrative Region (SAR) Leung Chun-ying on Saturday left here for Beijing to attend the Belt and Road Forum for International Cooperation to be held on Sunday and Monday.
His goal now is to stir up a craze about what he has been promoting. "I used to watch 100 movies in a year when I was with Alibaba Pictures and now I borrow one charger every day," Yuan tells China Daily.
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His remote village in Butuo county, Liangshan Yi autonomous prefecture, is enclosed by steep mountains on three sides and the river on the other.
Hong Kong enjoys a high degree of autonomy, which even exceeds that of states under some federal governments, if we consider it comparatively. The SAR enjoys an extremely wide range of administrative powers, covering economics, education, science, culture, sports, religion, social services, social security, and exit and entry management. In addition, Hong Kong also enjoys some rights on foreign affairs under central government authorization. But its most important right of autonomy, above all, is in finance and economics. For example, the HKSAR has its own independent tariff system and it does not need to turn over its tax revenue to the central government. Apart from that, Hong Kong also has its own independent monetary system and the Hong Kong dollar can be exchanged to other currencies freely. Although the land of Hong Kong is State-owned, it is managed by the SAR government and the revenues derived from it are exclusively at the disposal of the SAR government.
Hong Kong's current judges all have gone through rigorous training and screening, and therefore they will rule on national security cases impartially and independently, said Richard Cullen, visiting law professor at the University of Hong Kong.
Hong Kong residents will be exempted from the new arrangement.