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Chinese shoppers are ringing the cash tills more vigorously than ever at Harrods high-end department store in London, where they have become the nationality that spends the most.

Clearly there would be no substantial outcomes from any trade discussions if the US continues to use threats to try and pressure China to compromise its economic interests, and the current conditions make talks impossible.

Chongqing's total imports and exports of goods amounted to 275.9 billion yuan in the first half, up 3.5 percent over the same period last year. Electronic information products were key to promoting export growth of the municipality.

Chris Chen, CEO of WuXi Biologics, said the new site will undoubtedly meet WuXi Biologics' growing need for biologics development and manufacturing in the near future, and the company is committed to becoming the most comprehensive capability and technology platform in the global biologics industry to enable both local and global partners.

City attracts major names from Wall Street