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Chairman of the Federal Reserve Jerome Powell recently said the Fed would be patient on rate hikes, indicating a pause.

Charles Li Xiaojia, chief executive of Hong Kong Exchanges and Clearing, said on Thursday that such sanctions are not welcomed by the public. Sino-US tensions will make the city's role as a bridge between China and foreign countries and regions more important, he said. A number of people have questioned the "one country, two systems" principle ever since Hong Kong's return to the motherland, but the reality has proved them wrong, he said, adding that the city will ride this out.

Changes started to take place in 1998, when officials from East China's Shandong province decided to bring advanced vegetable plantation techniques when they were aiding development in the county of Bainang. Shandong is famous for its vegetable cultivation.

Car traffic can still be a nightmare — several times I found myself amazed at the congestion on some of the arterial roadways. It almost made me feel like I was back in Seattle on Mercer Street, on the edge of the Amazon campus.

Challenges remain in China's capital market development though, he said, citing that stock issuers and sponsors should play a more important role in ensuring the integrity of the market.