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China's Foreign Ministry called the reason to block the deal "groundless accusations" against Chinese companies made by the US, and lamented the "politicization" of a commercial takeover.

China will strengthen international cooperation in audit inspections and securities regulations while exploring more options to resolve the ongoing Sino-US audit impasse, senior officials said during the Annual Conference of Financial Street Forum 2020.

China's central leadership has continuously highlighted the need to combat the torture of suspects, and so far it has overturned 34 wrongful convictions.

China's booming mobile app market will continue to expand with rising smart device penetration and mobilization of more traditional businesses, according to a leading industry observer.

China will support the rollout of e-commerce and courier services in the countryside to expand rural consumption, according to this year's government work report.