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South Africa's Minister of Trade and Industry Rob Davis speaks during a press briefing in Johannesburg, South Africa, on Nov 26, 2018. [Photo by Edith Mutethya for China Daily]

Spain's largest carmaker SEAT is set to make a comeback in China around 2021, a move that will help its parent company Volkswagen AG secure a larger share in the world's largest new energy vehicle market.

Speaking at the flag-off ceremony at his ministry here, Salahuddin explained the successful venture would greatly boost the amount of Malaysian durian shipped to China, as previously only paste and products could be sent to the country, with 238 tons being sent in 2018.

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Sponsored by Hinggan CPC Committee and the sub-provincial administrative office of Hinggan League, the event is being hosted by Arxan CPC Committee and the government of Arxan city.

Speaking of the reason for the two sides to choose late February, the expert said that "Trump needs a win after the elections and shut down" and "the SOTU and Tet (lunar new year 2019 holiday) new year makes end February the soonest time."

Sports apparel maker Under Armour reported a first quarter net loss of 9.7 million compared with a profit of .5 million a year ago after stores closed to curb spread of the coronavirus, also called COVID-19.

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Spokesman Zhang Zutuan told a news conference in Beijing on Friday that the death toll from flooding so far this year is 85 percent less than the annual average for the same period dating back to 2000 and direct economic losses are 10 percent below average. Floods have left 86 people dead and 13 missing since the country entered the rainy season this year.

South China's Guangdong province, East China's Jiangsu province and the city of Shanghai were the three most competitive economies in 2017, according to the latest released China Provincial Competitiveness Bluebook in April.

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Spokesperson Wang Chunying with the State Administration of Foreign Exchange told a press conference earlier this month that China would continue to encourage domestic companies to invest abroad so as to become more integrated with the global industrial chains and value chains.

Southwest said the MAX grounding will reduce capacity by 1 or 2 percent this year compared with 2018. The company warned that could erode earnings because it planned to increase capacity by about 5 percent. Airlines worldwide, including those in China, have said they will seek compensation from Boeing for lost revenue.