'For the sake of His Majesty the Emperor, I am about to take up my calling in the eternal great cause in the skies of the decisive battle to destroy the Americans and British. There is no greater long-cherished desire for a man."
China Securities Finance Corp, the State-owned margin lender which played a crucial role in halting the recent slide in Chinese stock markets, is to end its direct intervention in the market and allow market forces to play a bigger role in determining share prices.
The People's Bank of China, the central bank, raised the value of the yuan against the US dollar on Friday, the first increase after a three-day depreciation of more than 4 percent.
China increased its gold reserves to 53.93 million troy ounces by the end of July from 53.32 million ounces a month earlier, according to data released by the central bank.
Ping'an Bank has reported an overall improvement in its performance in the first half of this year, but also admitted it is facing greater pressure from bad loans.
This week's depreciation of the Chinese currency will help both international and domestic shipping operators in the region that have been stuggling of late with growing costs and rising competition, according to the head of the Maersk Group in North Asia.
PepsiCo Inc has launched its first dairy product with JD.com Inc in China to tap into the growing consumer preference for healthy drinks. It is the first launch of a new product exclusively through e-commerce outside the U.S.
Officials in Anhui province said on Friday that the amount of its overseas investment grew nearly threefold by the end of June, to $610 million.
Ehang Technology Co Ltd, a drone startup established a year ago in Guangzhou, the capital of Guangdong province, has included four former high-profile managers from the information technology and Internet industries in its executive management team, according to the company.
At least 50 people, including firefighters, are known to have died in the explosions in China's northern port city of Tianjin on Wednesday. A further 500 people were injured in the blasts that occurred around midnight in the Binhai New Area of the port city 120 kilometers east of Beijing.
Whether the president of the Republic of Korea will attend a military parade on Sept 3 in Beijing, to commemorate the victory in the fight against Japanese aggression 70 years ago, has stirred up a heated debate between the ROK and Japan and the United States.
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