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As for Chinese technological giant Huawei and 5G technology, Liu said the company will be a "great help" in achieving the ambition of Johnson's Cabinet of completing the nation's 5G network.

As for the trade outlook in coming months, there will be more uncertainty in both global trade and financial markets because of the expanding list of goods subject to additional tariffs from both sides, said Sang Baichuan, a professor of international trade at the University of International Business and Economics in Beijing.

As US election officials nationwide and Republican legal challenges produce no evidence to support President Donald Trump's allegation of widespread fraud in the presidential election, some of his advisers reportedly are expressing pessimism about reversing Democrat Joe Biden's declared victory.

As for the US, whatever impact its tax cut will have on an economy so close to full employment will be paid back partially later in the form of lower growth, as temporary spending incentives (notably for investment) expire and as increasing federal debt takes a toll over time.

As a matter of fact, Microsoft Research Asia is just one of the thousand high-tech companies, located at Zhongguancun, China's National Innovation Model Park, to participate into the Belt and Road Initiative.