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Chinese panda Huan Huan, which is on loan to France, is expecting twin cubs, according to the zoo which carried out a medical examination and revealed the results exclusively to China Daily on Tuesday.

Chinese lenders bought 2.6 billion worth of foreign currency and sold 3.2 billion worth last month, according to the nation's top forex administrator. The domestic foreign exchange market remained stable in May, and the cross-border capital flows through major channels generally maintained balanced and stable growth, said a spokesperson with the SAFE, as trade of goods was still the key channel of net capital inflows and foreign exchange supplier.

Chinese are hardworking, smart and brave, and they value education, but we also have many disadvantages. First, companies in emerging industries need to make extra efforts to earn trust. Second, many foreign companies have a stereotype of Chinese companies, which usually assumes we sell cheap and low-quality products. Third, cultural differences, including language barriers, and local management and legal issues can become a difficulty when going out to overseas markets, especially in North American and European countries.

Chinese automobile executives expect a major reshuffling of their industry in the next five years, and say strong joint efforts among rivals will be required to keep many car makers from being wiped out.

Chinese and African students released doves together in Beijing. [Photo/VCG]