On a month-on-month basis, food prices fell 0.5 percent. Prices of pork, aquatic products and fresh vegetables declined on abundant supply. Costs of beef, lamb, egg and fresh fruits rose on rising demand.
On a monthly basis, FAI edged up 0.44 percent from July, according to data from the National Bureau of Statistics (NBS).
On Tuesday, Wang met with German President Frank-Walter Steinmeier, who reaffirmed his country's adherence to the one-China principle and its position of upholding multilateralism in global affairs. Steinmeier said Germany doesn't want the world to be divided into opposing camps.
On Tuesday, the Ministry of Commerce called on the US to stop using the surrogate country approach to bilateral trade, which involves using a third country to calculate production costs. The move was in response to the US decision to impose anti-dumping duties on China's aluminum foil products.
On Tuesday, US President Donald Trump spoke by telephone with chief Taliban negotiator Mullah Baradar Akhund, the first known conversation between a US leader and a top Taliban official, as a dispute over a prisoner release threatened the Washington-led effort to forge a peace deal in Afghanistan.
On nuclear proliferation, he said it was "a key concern," adding that he welcomes steps toward nuclear disarmament, including support for the Joint Comprehensive Plan of Action.
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On the 10,000 Year Clock:?“The symbol is important for a couple of reasons. If we think long term — and here when I say ‘we’ I mean, we humans — if we think long term, we can accomplish things that we wouldn’t otherwise accomplish. … Time horizons matter, they matter a lot. The other thing I would point out is that we humans are getting awfully sophisticated in technological ways and have a lot of potential to be very dangerous to ourselves. It seems to me that we are, as a species, to have to start thinking longer term. So this is a symbol. I think symbols can be very powerful.”
On the less positive side of the fence, Seattle biotechnology company Dendreon filed for bankruptcy in November — a tough milestone for the long-struggling maker of prostate cancer treatments.
On the Dow, Caterpillar and DowDuPont led a decline that exceeded more than 400 points at one point.
On Tuesday, China announced it will further incentivize venture capital investment, to drive the country's entrepreneurship and investment.