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Chinese railway companies are on course to win bids to operate High Speed 2 trains in the United Kingdom because of the chaos among rival British bidders.

Chinese dairy giant Inner Mongolia Yili Industrial Group Co Ltd said to ensure the supply of dairy products, more than 10,000 employees have been working in the factories across the country since the Spring Festival.

Chinese local governments issued debt worth 378.89 billion yuan (.26 billion) last week, a record high weekly issuance amount for the country, according to data from financial information servicer Wind Info.

Chinese monetary authorities have left interest rates unchanged, despite market calls, to maintain stable lending prices before the Lunar New Year holiday and ensure ample liquidity in the interbank system.

Chinese auto sales rebounded for second straight month in May, with a total of 2.19 million vehicles sold last month, up 14.5 percent on a yearly basis, according to statistics from the China Association of Automobile Manufacturers.