On Wednesday, the State Council, China's Cabinet, held an executive meeting that pledged to use reserve requirement ratio cuts and the PBOC's relending facility to maintain adequate liquidity conditions. It also vowed to help small and medium-sized banks add equity capital, guide down lending rates, bond yields and financing costs.
On Thursday, the US-China Economic and Security Review Commission (USCC), an advisory body to the US Congress, advised the latter to enact legislation that would suspend the special economic status Hong Kong enjoys under US law should China deploy forces to end the riots in the territory.
On Tuesday, Cambricon's shares rose by 29 percent to 274 yuan ().The chipmaker closed at 212.4 yuan on Monday after hitting an intraday high of 295 yuan, compared with its IPO price of 64.39 yuan. The company raised 2.58 billion yuan from the IPO.
On Thursday, Wang conveyed the greetings by top Chinese leaders during a meeting with Norwegian Prime Minister Erna Solberg. Solberg also asked Wang to extend her best wishes to President Xi Jinping and Premier Li Keqiang.
On the 55 years of diplomatic relations between China and Kenya, the former foreign affairs minister says that under President Xi Jinping's administration, the relationship has grown stronger.
On the move, and often unable or unwilling to provide proper identification, homeless people are among the most vulnerable to the new virus. Widespread travel bans to slow the spread of the virus also left many people stranded in Wuhan with no money to pay for lodgings.
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On Tuesday, Culture Secretary Oliver Dowden said that British mobile operators will no longer be allowed to source kit from Huawei, as imminent United States sanctions threaten to disrupt the company's supply chain. Dowden also said that existing Huawei 5G hardware would be removed from network infrastructure.
On Yiwugou, an online retail platform of Yiwu manufacturers, the top five domestic sales items this year are fake berry plants, snowman table decorations, gift cards, snowmen made of lights, and balloons.
On a cruise ship in Norway, a group of Chinese travelers were playing cards, cracking melon seeds and chatting with friends. This was Gaertner's first impression of China, and it left him with both amusement and curiousness.
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