Chinese President Xi Jinping plans to chair a symposium to boost private sector sentiment next week that will be attended by the country's business leaders including Alibaba co-founder Jack Ma, three people with knowledge of the meeting said.

The new demand seized on an ultimatum issued by President Trump, who said Tuesday that Hamas was unlikely to meet the deadline.

President Donald Trump on Monday threatened Hamas after the militant group paused plans to release more of the Israeli hostages it holds this weekend, telling reporters that “all hell is going to break out” if all of the Israeli hostages held by the group aren’t freed by noon on Saturday.

Israeli Prime Minister Benjamin Netanyahu said on Tuesday that the ceasefire in Gaza would end if Hamas did not return hostages held in the enclave by noon on Saturday.

Hamas has said it is committed to implementing the Gaza ceasefire deal with Israel and will continue releasing hostages as scheduled, raising hopes that a resumption of the war can be averted. Following talks in Cairo,

Israel and Hamas have reaffirmed their commitment to the ongoing hostage-ceasefire deal, with the next release of hostages expected to proceed on Saturday. The development follows discussions mediated by Egypt and Qatar,

Israeli Prime Minister Benjamin Netanyahu on Tuesday threatened to withdraw from the ceasefire in Gaza and directed troops to prepare to resume fighting Hamas if the militant group does not r elease more hostages on Saturday.