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Chinese young actor-singer poses with the waxwork model of herself during an unveiling ceremony at the Madame Tussauds Wax Museum in Beijing, China, September 8, 2017. [Photo/VCG]

Citing a research by Trade Partnership Worldwide, LLC, an international trade and economic consulting firm, the coalition said the US Section 301 tariffs on Chinese goods, along with the ongoing Section 232 tariffs on steel and aluminum and retaliation, have cost the average American family of four nearly 800 dollars this year and have shaved 0.4 percent off the US gross domestic product (GDP).

Chuangyuan's board secretary informed shareholders in an interaction on Dec 4 that for the company's US subsidiary, competitors are few and far between. So, the risk of stiffer competition due to lower corporate tax rates, which typically encourage launch of new businesses, is minimal.

Christine McCarthy, senior executive vice-president and chief financial officer of Walt Disney, said: "Parks and resorts delivered another strong quarter, with operating income growth of 20 percent, driven by increases at Shanghai Disney Resort and our domestic parks and resorts."

Choi Koon-shum, chairman of the Chinese General Chamber of Commerce of Hong Kong, said national security legislation -- which targets acts endangering national security -- will not affect operations of Hong Kong businesses and foreign-invested businesses there. The legitimate rights and freedoms of Hong Kong residents will not be affected either, Choi added.