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BEIJING - A year has passed since the Chinese currency renminbi, or the yuan joined the IMF Special Drawing Right (SDR) basket. While the impact of the move may appear limited, the currency has taken steady steps on its global march.

Australia has recorded almost 9,000 cases of COVID-19 and 106 deaths from the virus.

BEIJING - Although external uncertainties abound and downside risks have emerged, China's policy makers have many economic levers at hand to deal with challenges, analysts have said.

BCG warned that if shipments of US chips and chipmaking equipment to China were stopped, and China were to ban imports of US electronics and software, it could cost US companies 37 percent of their annual sales.

BEIJING - A new office will be set up in one of China's major futures exchanges to enhance trials of administrative punishments for market irregularities, the country's top securities regulator said Sunday.