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Andrew Leung Kwan-yuen, president of Hong Kong's Legislative Council, also welcomed the security law, saying he believes it will protect the vast majority of law-abiding residents in the city.

An uncertain global economic outlook accompanied by escalated trade tension could further drive investors' risk aversion and lead to a retreat of investment. [Photo/VCG]

And last but not the least, we would like to wish the CIIE a great success!

And China still has many cards to play. It could, for instance, consider targeting the cross-border service trade in which the US enjoys a huge surplus with China. And US multinationals in China, which have pocketed tremendous profits in the world’s largest consumer market and account for a major part of China’s nominal trade surplus with the US, could also be a target if the Trump administration announces further tariffs targeting Chinese goods.

Analysts said while finding solution for achieving inter-connectivity of infrastructure in the Greater Bay Area is easy, overcoming the institutional diversity between the mainland and Hong Kong and Macao will be a tough task, according to the report.