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Chinese police arrested 1,470 overseas suspects in drug trafficking cases last year, a senior narcotics control official with the Ministry of Public Security said.

Chinese demand has pushed Asian liquefied natural gas prices to a three-year high, as importers in China scramble for supplies in the face of Beijing's move to reduce urban air pollution.

Chinese analysts believe China's tariff on exports of US LNG could deter spot procurement of US volumes in the near term.

Chinese brick-and-mortar bookstores are struggling, losing out to digital reading and online shopping. According to the All-China Federation of Industry and Commerce, about half of private bookstores in China closed from 2004 to 2014.

Chinese financial regulators explained the action is to better protect the interests of financial consumers and investors and sustain sound capital market development in the long run. High-leverage lending and excessive debt to a broad group of individuals may threat financial stability.