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China's consumer and factory inflation in June show little indication that inflation will become a destabilizing factor in the economy despite some level of pressure from trade conflicts with the United States, according to analysts.

China's online education segment's sales revenue was 281 billion yuan (.4 billion) last year and is expected to rise 24 percent to exceed 348 billion yuan this year, according to consultancy iiMedia Research Group.

China's general trade volume reached 17.64 trillion yuan last year, up 12.5 percent on a yearly basis, accounting for 57.8 percent of the country's total trade volume, up 1.4 percentage points from the same period last year.

China's growth over the last 40-plus years has been called an economic miracle, but there are logical explanations for the country's achievements.

China's only 1,200 or so reindeer are raised by 14 households of Ewenki herdsmen at a farm in Genhe City of Inner Mongolian autonomous region. Some of the herdsmen have started to tap potential reindeer tourism with the support of the government.