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Any deal for the TikTok assets must be reviewed by the Committee on Foreign Investment in the US, a group chaired by the Treasury secretary that studies mergers for national-security reasons. The president can approve or deny a transaction recommended by the panel, though Trump has already voiced support for Oracle as a "great company" that could handle the acquisition.

Another lawmaker, Gary Chan Hak-kan, who is also the chairman of the Legislative Council's Panel on Security, urged the protesters to stop wasting police resources, or overall society will be in peril.

Apart from accelerating local government bond issuance, China also expanded the channel of issuance and the range of target investors by launching a trial program this year to sell local government bonds to individual and corporate investors at bank counters in certain municipalities, provinces and autonomous regions, at a minimum amount of 100 yuan.

Anthony Jackson, vice-president of the Center for Global Education at the New Yor-based Asia Society, a nonprofit, nonpartisan educational institution that focuses on connecting the people and institutions of Asia and the US, said that in the last 10 years there has been an increase of interest among students in the US to learn Chinese.

App store, which houses a number of mobile applications from gaming, entertainment to dining for the iOS system, is a main gateway for the US tech giant to earn fees from iPhone users. It previously supported credit card transactions, its indigenous Apple Pay, China's UnionPay, and Alipay, WeChat Pay's biggest rival.