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China announced Friday a plan for reciprocal tariffs on imported US products worth about billion to balance losses caused by the US metal restrictions against China.
China announced on Thursday night a new list to further cut restrictions on foreign investment from 63 to 48, especially in the service sector, infrastructure, railway passenger transportation, international shipping, grain purchases and wholesales businesses. It will take effect?on?July 28.
China Three Gorges Corporation was announced as the official power generation partner of the 2022 Beijing Olympic and Paralympic Winter Games on Dec 15, the fifth anniversary of the establishment of the organizing committee for the games.
China and Venezuela signed a memorandum of understanding on Friday on Belt and Road construction as part of their joint efforts to further advance their pragmatic partnership.
China Merchants Bank, one of the largest lenders in China, raked in 50.6 billion yuan (.18 billion) in net profit attributable to shareholders, up 13 percent year-on-year.
