The institute launched an investigation after screenshots of the comments went viral on Sina Weibo and question-and-answer website Zhihu. Chinese netizens were furious and demanded Kolars, who claimed to hold a foreign expert green card and to have lived in China for two decades, be fired and banned from entering the country again.
The intense, high-profile bake off among major cities for one of the world’s largest employers also brought criticism.
The international air transportation industry showed the most positive growth last year in recent years. Airfreight demand — measured in freight ton kilometers — more than doubled to 9 percent, according to the International Air Transport Association (IATA).
The inclusion of the Chinese market in the Global Aggregate, Global Treasury, and EM Local Currency Government Indices will be done over a 20-month period, starting in April 2019, with a scaling factor of 5 percent and increasing 5 percent each month.
The industrial, consumer, service and technology sectors will most likely be the focus for Chinese investors, partly reflecting China's ongoing economic transformation from being an export and low-end manufacturing-led economy to a consumer-driven and service-oriented nation, Wut added.
The index is a part of China's rare earth serial indexes, which also include a prosperity index and a development index.
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The initiative aims to explore the potential for more cooperation through dovetailing the development strategies of different countries, in order to realize common growth and prosperity, he said.
The increased Chinese interest is partly due to currency fluctuations brought on by the UK's pending exit from the European Union.
The hotel rooms for "royals, presidents and guests" will reopen in 2022. The hotel's new public spaces are being designed by Pierre-Yves Rochon.
The installation is a fusion of lunar imagery, moonlight and surround sound composition, created by BAFTA and Ivor Novello award-winning composer Dan Jones.