The Trump administration, under Section 232 of the US Trade Expansion Act of 1962, is reportedly considering imposing steep tariffs on steel and aluminum imports of 24 percent and 10 percent, respectively.
The Thomas Cook purchase by Fosun provides an example of a strategy that augments domestic business.
The Standing Committee of Beijing Municipal People's Congress on Thursday started to review a draft regulation on public security management at the city's hospitals.
The Trump administration's latest crackdown on Huawei has drawn immediate opposition from the US semiconductor industry. Semiconductor Industry Association President and CEO John Neuffer warned that the "broad restrictions" on commercial chip sales will bring significant disruption to the US.
The Sino-US relationship is at a key point. The US launched the trade war against China, and China had no choice but fight back. I think the Trump administration actually is trying to overturn and change the attitude of previous American administrations. Since the two countries established official diplomatic relations 39 years ago, China and the US have established mutually beneficial and win-win relations. As the biggest two economies, any trade rifts will seriously impact the world economy.
The Swedish auto maker Volvo, now owned by China's Geely Holding Group, is poised to produce its first fully-electric car in China, which is going to debut in 2019 for export, reports Automotive News Europe(ANE).
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The Singapore Food Agency said it had reviewed data relating to process, manufacturing control and safety testing before granting approval.
The Social Liberal Party (PSL) presidential candidate left via a side door, far from waiting supporters and press, said PSL President Gustavo Bebbiano.
The Statue of Liberty and Ellis Island ferry transports passengers on Saturday in New York, as the US government shutdown enters its third week. DON EMMERT/AGENCE FRANCE-PRESSE
The Shanghai Stock Exchange handled 86 cases involving violations of information disclosure in the first half of this year, up from 75 during the same period last year.