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The US Department of Commerce has said arrivals were down 4 percent through July 2017, the latest month for which it has released information.

The Uber banner hangs on the facade of the New York Stock Exchange, May 10, 2019. [Photo/IC]

The United States Capitol in Washington, D.C. Does Jeff Bezos want to be closer to political power brokers? (Flickr Photo / Daniel Mennerich)

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The UN Security Council also said recently that it would make humanitarian exemptions to sanctions on the DPRK to help it fight the novel coronavirus.

The US Congress is close to tightening oversight of foreign investment in American companies that while unlikely to significantly reduce Chinese purchases may mean a more stringent review of deals in sectors such as technology.

The US move "severely infringed on the legitimate rights and interests that China enjoys in accordance with the WTO rules, and threatened China's economic interests and security," the MOC said.

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The US government has banned Huawei from accessing any US technologies without special approval, accusing the company of posing risks to its national security. Huawei has repeatedly denied the accusations and said these charges were not supported by any factual evidence.

The US credit rating agency downgraded Hong Kong's long-term foreign currency issuer default rating on Friday from "AA+" to "AA" with a negative outlook. It is the first time Fitch has downgraded Hong Kong's rating since 1995, according to Bloomberg.

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The United States reported the most COVID-19 deaths at 68,387. Other countries with over 20,000 fatalities included Spain, Italy, Britain and France, the CSSE data showed.

The UN General Assembly resolution on mass entrepreneurship and innovation also testifies that other countries have begun reflecting on the problems brought about by traditional development models, and they are increasingly willing to accept other development approaches.