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Despite increased output, Sinopec's earnings before interest and taxes were only 18.61 billion yuan in its oil refining business, down 52.8 percent year-over-year from 39.43 billion yuan due to higher crude procurement expenses. That in chemicals dropped 27.2 percent year-on-year from 18.91 billion yuan in the first half of 2018 to 13.78 billion yuan in the first half of this year.

Despite being relative newcomers to venture capital investing, at least one American financial media outlet thinks the Chinese are very proficient at providing funding for startups in exchange for equity.

Designed to be a high-speed turboprop regional aircraft, the MA700 has received 185 intent orders from 11 domestic and foreign customers.

Democratic presidential nominee  Joe Biden said that if he is elected, he will form a bipartisan commission to recommend changes to the Supreme Court. He made his comments in in a one-minute released clip from his CBS 60 Minutes interview.

Despite the achievements that China obtained in coordinating COVID-19 control and social and economic development, the international economic and financial situation remains grave and complex, with instabilities and uncertainties still prominent, Wang said.