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Hongqi CA772 limousine is on display at the Hongqi brand exhibition hall in China FAW's headquarters in Changchun, Northeast China's Jilin province, on Sept 17, 2020. [Photo by Guo Liang and Zhang Qiulei for chinadaily.com.cn]

However, a shortage of dollar liquidity, surging virus cases and worsening macroeconomic data could remain the "three main drivers" that might influence risk sentiment, according to Stephen Chiu, Asia Foreign Exchange and Rates Strategist of Bloomberg Intelligence.

However, beyond tariffs, China has various other potential ways to retaliate, including tougher regulations on US companies operating in China, limits on foreign direct investment from the US, and other investments, as China is the largest foreign holder of US Treasury securities, according to Wendy Chen, an analyst with Nomura Securities.

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Horizon Air is part of Alaska Air Group and flies shorter routes throughout the US West. The Q400 is a turboprop aircraft with 76 seats.

However, Patrick Santucci, senior communications manager at DJI, who lauded his company for "being at the forefront of creating drone technology", explained that marketing Chinese products in foreign countries such as the US presents unique challenges.

Hongqi is not the only domestic automaker to saddle up for the Chinese ride-hailing market.

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However, Zhang Qiliang, chief information officer of Chinese heavy machinery manufacturing firm XCMG, pointed out at the expo that the development of the country's industrial internet still faces bottlenecks.

House Democratic leader Nancy Pelosi of California described a border wall as "immoral" and "expensive" when asked if there was any scenario in which Democrats will agree to money for a wall to avoid a shutdown.

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Hong Kong-funded and Macao-funded financial institutions that satisfy the requirements for establishing foreign-invested securities companies are allowed to set up one fully licensed joint venture securities company each in Shanghai, Guangdong province and Shenzhen in accordance with relevant Chinese mainland requirements.

However, according to JD Power's estimates, new automobile sales in China will slow down in the next couple of years.