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Chinese lenders bought 7.4 billion worth of foreign currencies and sold 6.7 billion last month, resulting in a net purchase of .6 billion, the State Administration of Foreign Exchange (SAFE) said in a statement.

Chinese fans may be accustomed to a World Cup without Team China, but the World Cup would never be the same without Chinese fans. That is especially the case for the upcoming extravaganza hosted by one of China's neighbors.

Chinese leaders have made it a tradition to visit ordinary people across the country ahead of Spring Festival, the most important family holiday in the Chinese calendar.

Chinese authorities emphasized during a meeting in April the need to expand domestic demand and the necessity to release the potential of consumption by stimulating consumer spending and increasing public spending as appropriate.

Chinese companies, especially those in the infrastructure sector, are employing thousands of young Ugandans and helping the country to tackle unemployment.