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China tightened regulations for cash management-oriented wealth management products to firmly implement new rules governing the asset management industry, which is undergoing a huge transformation.
China was the United States' largest buyer of soybeans last year: .3 billion, according to the Department of Agriculture. China imports 90 percent of its soybeans, which includes 60 percent of US exports and 70 percent of Brazilian exports.
China now leads the world in NEV development. Chinese auto companies including BYD, BAIC and Geely ranks among the top brands worldwide in terms of electric car sales last year, according to the China Passenger Car Association.
China plans to woo overseas listed Chinese firms, especially major tech companies such as Tencent Holdings Ltd, Alibaba Group Holding Ltd, Baidu Inc, JD and NetEase Inc, back to the domestic A-share market with the introduction of the Chinese depositary receipts system. CDRs, similar to American depositary receipts, allow domestic investors to hold shares in companies listed overseas.
China was the first country in the world to suspend all Boeing 737 Max 8 airplanes. Countries and regions in Asia-Pacific including Indonesia, Singapore, South Korea, Australia, Malaysia, India, Fiji, New Zealand and China's Hong Kong Special Administrative Region followed suit on or before Wednesday.
