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Chairmen and CEOs from leading global companies including UPS, Volkswagen, Rio Tinto, Nokia, Schneider Electric, ABB and ArcelorMittal attended the meeting.

Central bank officials called the sovereign digital currency the digital currency and electronic payment, or DC/EP. The latest information from the central bank was that some pilot areas will be chosen for the DC/EP experiments.

Causeway Bay regularly gives me a headache and hell must be IKEA on a Sunday, but things are looking up for this chock-a-block shopping mecca. Reel yourself into Pololi's flagship that's now open in the revamped Fashion Walk, serving its premium poké – to avoid social humiliation, pronounce it "po-kay", okay? – and May Chow and her Little Bao band will open a new concept in September. It's also no secret that Victoria and her pantaloons are on their way before summer is out and Charlotte Tilbury's world domination continues with a new opening at Lane Crawford in Times Square later in the year.

Chad Bown, a senior fellow at the Peterson Institute for International Economics, said China is effective in retaliating in ways that can hurt the US.

Chemerinsky said the Supreme Court generally sides with presidents when it comes to matters involving foreign relations, such as the administration's travel ban on several predominantly Muslim countries. Trump had issued an executive order for the ban and ultimately the Supreme Court agreed with him. But he said it was a "misguided and tragic decision".