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Both property developers and home-buyers regard 2017 as the harshest year in terms of restrictions. In March last year, the Beijing municipal government launched a series of policy tightening measures, including raising the down payment for second homes and shortening the repayment period for mortgage loans. Since then, more than 100 cities published their own property policy tightening measures.

Bucking the downward trend, shares of rare earth miners and producers surged. Innuovo Technology Co. rose by the daily 10-percent limit to 4.68 yuan per share. China Minmetals Rare Earth Co. surged 4.86 percent to 11.64 yuan.

British economic growth was expected to slow from 1.3 percent for this year to 1 percent in 2020, according to the latest forecast released on Monday by the British Chambers of Commerce (BCC).

Bringing US troops home from Afghanistan has been one of Trump's main foreign policy objectives, and the Republican president said his administration was still thinking about a drawdown of the 14,000 US soldiers in the country.

Bu Norbu, a 4-year-old Tibetan boy, received his surgery on Wednesday, and his father Shungmakyab was pleased.