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Chinese carmaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, said on Sunday that its annual profit would likely fall by as much as a fifth on higher competition but expects sales of new energy cars to grow rapidly in the fourth quarter.

Chinese investment in LA residential real estate steady - World - Chinadaily.com.cn

Chinese director Zhang Yimou will receive an award at this year's Venice Film Festival. [Photo/Xinhua]

Chinese and Philippine officials will meet in the southwestern city of Guiyang on Friday to consult for the first time on South China Sea disputes.

Chinese authorities approved the bond link in mid-May, allowing investors from both sides to trade bonds on each other's interbank markets. "Northbound" trade, which allows foreign investors to buy bonds issued on the Chinese mainland, started Monday.