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BEIJING -- Home prices in major Chinese cities largely remained stable in November as local governments toughened up control of the housing market, official data showed Saturday.

BEIJING -- China's reform on value-added tax (VAT) has reduced taxes for enterprises by more than 1 trillion yuan (about 0.6 billion) since its nationwide launch in May last year.

BMW and Mercedes-Benz were the top two brands in sales volume of imported cars last year, said China Automobile Dealers Association.

BRUSSELS - US President Donald Trump repeated his criticism of Europe over trade and again threatened European car imports on Thursday in Brussels.

BEIJING — The Belt and Road is starting a new journey, with an international gathering earlier this month charting its future course. As a priority for the next stage, financial cooperation and connectivity are seen as a key to success.