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The United States government has formally launched a probe into China's intellectual property policies and practices just four days after President Donald Trump asked his top trade official to decide if an investigation was necessary.

The US economy is expected to grow 2.9 percent in 2018 and 2.7 percent in 2019, up 0.6 and 0.8 percentage points, respectively, from the October forecast due in part to a large temporary fiscal stimulus, according to the report.

The US Senate on Saturday morning narrowly passed the Republican bill to overhaul the tax code, moving one step closer to the first major legislative victory of the Trump administration and congressional Republicans.

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The United States was China's top trading partner, doing 386 billion pounds worth of trade in goods with China in 2016.

The US administration's plan to exit from the WHO marks the latest US departure from multinational institutions and treaties since Trump took office with an "America First" agenda.

The United Kingdom, for example, maintains judicial independence, while holding parliamentary sovereignty as a constitutional principle, the spokesperson elaborated.

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The United States of America remains the hardest-hit country by the virus, with a total of 1,798,330 confirmed cases and 105,008 deaths being reported to WHO. Brazil, the second on the list in terms of the confirmed cases, has so far reported 526,447 infections with 29,937 deaths.

The UAE's economic ties with China are also becoming closer. In 2017, Chinese investors remained among the top 10 most active nationalities in UAE, he said.

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The United States has the largest number at over 850,000, most of whom are software or hardware developers. China's AI professionals focus more on technology and applications, said a report based on the survey.

The UK, Germany and South Korea are currently the next three largest markets for smart speaker shipments.