Once again, the Chinese economy has defied the hand wringing of the nattering nabobs of negativism. After decelerating for six consecutive years, real GDP growth appears to be inching up this year. The 6.9 percent annualized increase just reported for the second quarter exceeds the 6.7 percent rise last year and is well above the consensus of international forecasters who, just a few months ago, expected growth to be closer to 6.5 percent this year, and to slow further, to 6 percent next year.
Three weeks ago, G20 leaders committed to working together to address one of the world's most pressing and perplexing security threats: antimicrobial resistance (AMR) - a fierce and evolving adversary against which conventional therapeutic weapons are of no use.
Overwork, a deep-rooted problem in Japan, is back in the spotlight.
China cannot be blamed for the United States' deficit in bilateral trade as complicated US trade structures are the real reason, Chinese officials said on Friday.
Starbucks Corp announced on Thursday it is taking full control of its mainland outlets after a buyout deal to acquire the remaining 50 percent share it did not own from its long time joint venture partners.
Huawei Technologies Co Ltd said it maintained robust growth in the first half of the year, as the world's third biggest smartphone maker continued to expand its presence in the high-end segment.
Doubts have increased whether Asian tech giant Foxconn can fill the 13,000 new jobs it needs to start the $10 billion new plant it has pledged to build in the US state of Wisconsin.
China Eastern Air Holding Co said late on Thursday it will pick up a 10 percent stake in Air France-KLM Group for about 375 million euros ($439.4 million).
Country highlights deleveraging and capital structure optimization
Alibaba Group Holding Ltd plans to set up an online healthcare platform to help patients source medicines.
WeWork Cos, a global player that offers co-work spaces, said it will invest $500 million to expand its business and staff in China.
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