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Borgward, a German brand owned by Chinese carmaker Foton, has shaken off its secrecy and repositioned itself as part of efforts to rev up its performance in the competitive Chinese market.

Booming US exports to China are vital to the US economy and nearly all congressional districts, according to a report released on Wednesday by the US-China Business Council.

Both "Mulan" and "Tenet" were considered to help theaters to welcome back moviegoers this summer amid the pandemic. "Mulan" was supposed to be the first major Hollywood film to hit the big screen after theaters were planning to reopen in phases next month.

Bijoy Mohan, chief executive officer of Lixil Water Technology in the Asia-Pacific Region, said they will continue to roll out products specially made for Chinese consumers and they hope those products will enter the market next year at the earliest.

Bitcoin rebounded by more than 8 percent to ,974 in intraday trading on Monday, up about 30 percent from Friday's low-ebb of ,972, as investors calmed after digesting the exchange closure news.