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China's Ministry of Finance quickly countered on Saturday with its own 25 percent tariff on 659 US products worth up to billion that include items such as soybeans, beef, whiskey, electric cars, chemicals and energy products.
China will reinforce regulations to monitor public-private partnership (PPP) projects as part of its efforts to prevent illegal borrowing by local governments, said a senior official with the nation's top economic regulator.
China's Consumer Confidence Index reached 112 points from April to June, the highest score since the fourth quarter in 2013, a report said Thursday.
China's capital market has been increasingly favored by global investors, including the US companies, in recent years. This reflects the confidence of international investors in China's economic growth and their recognition of the deepening reform and opening-up of the country's capital market, said the spokesperson.
China's A shares will be included in the MSCI Emerging Markets Index in June and companies with strong business models, good corporate governance and robust balance sheets will likely see the most interest from foreign investors, Zhou added.