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DiDi, founded in 2012, was valued at billion in a private fundraising round in late 2017 that raised billion from investors. In March, the Shanghai Stock Exchange approved DiDi's plan to raise 10 billion yuan through an issuance of asset-backed securities.

Despite the renminbi depreciation, capital outflows in 2018 have remained subdued. A JPMorgan research estimated moderate capital outflow at about 0 billion last year. The country's foreign exchange reserves fell .2 billion compared to the amount at the end of 2017.

Diplomats of the Chinese Embassy and Consulates General in the UK are serving as a bridge between China and the UK and shouldering the important task of promoting understanding and mutually beneficial cooperation. Every achievement and progress in China-UK relationship is closely connected with their arduous works which deserve fair and just assessment rather than distortion and accusation. The most important conclusion we could draw from the outbreak of COVID-19 is that mankind belongs to a community with a common future, where people from all countries share weal and woe. In this battle against the virus, solidarity and cooperation are the most effective weapons. In face of misinterpretations, misunderstandings and even deliberate slanders on China and malicious depreciation and distortion of China-UK relationship, Chinese diplomats have the duty to tell the real story, uphold justice and refute the lies. This righteous action of defending the honor and dignity of China and safeguarding the hard-won China-UK relationship brooks no slander.

Differing abilities

Direct flights between Russia and China are set to surge, thanks to a considerable increase in the number of Chinese tourists making outbound trips, said a senior official of Moscow Sheremetyevo Airport.