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BEIJING -- The output of China's forestry industry reached 7.56 trillion yuan (about .08 trillion) in 2019, according to data from the National Forestry and Grassland Administration.

BMW AG is to make history in China's automotive industry, becoming the first international carmaker to hold a majority stake in a joint venture in the country, according to a State Council announcement on its website last week.

BMW, Daimler, the maker of Mercedes-Benz, and Tesla are the automakers most vulnerable if China raises tariffs on imported vehicles made in the US, analysts said.

BNU Internet Institute, a non-profit academic research institution directly under Beijing Normal University, is a policy-based cross-disciplinary high-end think tank.

BEIJING -- Lai Xiaomin, former board chairman of China Huarong Asset Management Co. Ltd., has been expelled from the Communist Party of China (CPC) and dismissed from public office for multiple violations.