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Damage to Boeing's reputation may be irreparable amid lost credibility

Data from the National Bureau of Statistics shows on a yearly basis new residential housing prices in China's first-tier cities declined 0.4 percentage points more in April compared with a 0.6 percent drop in March, new home price growth in second-tier cities was even with the March level, and those in third-tier cities saw year-on-year growth 0.3 percentage points lower than a month ago.

Data show Belt and Road projects may face funding shortages. The Asian Development Bank estimated that some of its members, mostly Belt and Road-related economies, would need .6 trillion in infrastructure investment by 2030, or .5 trillion annually. But no single source of funding could supply that much investment.

David Lin, chairman of the Association of Taiwan Investment Enterprises in Nanjing, Jiangsu province, said the joint wisdom of people across the Straits could enable reunification despite the different political systems.

Dan Wang, a technology analyst at Gavekal Dragonomics, said: "The US mostly reacted to the technological rise of the USSR and Japan by investing a lot more in itself and by doing a lot more R&D. And it's mostly reacting so far to the technological rise of China by trying to cripple China's leading firms."