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China's white goods manufacturer Qingdao Haier, the first company expected to debut on the Frankfurt-based bourse, is waiting for authorization from German regulator before listing shares.

China's social media platforms abound with self-mocking posts by people born in the 1990s showing their receding hairlines. Excessive stress, anxiety and poor health habits have been identified as causes of premature baldness.

China's trade surplus with the United States in the first quarter was 342.1 billion yuan (.7 billion), a year-on-year increase of 6.7 percent, according to the General Administration of Customs.

China's proposed tariffs on US soybean and pork will have limited impact on domestic consumer inflation measured by the consumer price index, he added. Estimates show that if domestic soybean prices rose by 25 percent, China's CPI will still be kept at an average of 2.4 percent, well below the control target of 3 percent, for this year. Considering the fact that China can import such products from other countries, the real effect will be even smaller, Wang said.

China's top antitrust authority will continue treating foreign and domestic companies equally, as it is on the way to completing a sweeping institutional reform, senior officials said on Friday.