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BERLIN - World Trade Organization chief Roberto Azevedo warned Monday against a damaging "escalation" of trade tensions between the United States and other major economies, following a divisive G7 summit.

BEIJING -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, decreased 8.4 basis points to 1.012 percent Monday.

BEIJING -- China's top legislator has pledged support for deputies to the National People's Congress (NPC) and urged them to leverage their advantages of being close to the people to better their roles as lawmakers.

BEIJING -- Chinese alcohol makers raked in total revenue of 835.07 billion yuan (about 0.57 billion) in 2019, according to the Ministry of Industry and Information Technology.

BEIJING -- The output of China's building material sector has expanded by 3.1 percent for the first nine months year on year with growing profitability, official data showed.