Skip to content
The FDA, which also regulates the cosmetics and beauty industry, says it is “concerned”
about the growing number of CBD products that make unproven health claims.
Not all cosmetic products need the FDA’s approval before they hit the market, but the FDA c
an take action against companies that claim unsubstantiated health benefits from their products.
It’s estimated that about 64 million US citizens have tried CBD in the past two years,
according to a January 2019 Consumer Reports survey of more than 4,000 people.
As for the size of the market, total sales of hemp-based CBD products are expected to
reach $22 billion by 2022, up from $619 million in 2017, according to Brightfield.
“There is high consumer interest in the demand of these products, and there’s a co
mplete lack of regulations in the available landscape,” Paul Armentano, deputy d
icy tools to offset short-term downside pressure, while the financial risks are under control as the country’s debt level has shown signs of stabilizing, Zhang said.
China’s overall debt-to-GDP ratio had dropped to 249.4 percent
by the end of 2018, 1.5 percentage points lower than a year earlier, according to the PBOC.
If trade tensions escalate further, more opening-up policies in the sectors of medical
care and education will help boost global investors’ confidence in the Chinese economy, Zhang added.
By hiking the tariffs on $200 billion of Chinese goods from 10 percent t
o 25 percent just when it seemed the China-US trade talks would achieve a bre
akthrough, the United States has not only intensified the trade dispute but also ensured both sides take a knock.
rseas no longer guarantees a well-paid job, the report found that 70 perce
nt of respondents said they do not care about return on investment and are more appr
eciative of other rewards of overseas study experience, including better adaptive ability.
Gao Ang, an undergraduate student at the University of Californi
a, Berkeley, said he does not regret going to the US despite its high cost.
Overseas study provides students with many advantages－their exp
erience tends to equip them with a global mindset and better languag
e and communication skills－important characteristics for future promotion opportunities, he said.
In 2018, 662,100 Chinese people went abroad
to study, up 8.83 percent year-on-year, according to the Ministry of Education.