Chinese mainland stocks rose on Friday as investors had expected the Trump administration's 25 percent tariffs on $34 billion of Chinese imports to take effect.
The United States import tariffs came into effect on $34 billion of Chinese goods on Friday, including electronic parts, creating challenges for technology manufacturers in the US.
United States aircraft manufacturer Boeing Co and Brazil-based plane-maker Embraer SA announced on Thursday they will form a joint venture as part of a strategic partnership.
Once the world's most valuable unicorn - a startup valued at more than $1 billion - Xiaomi, the world's fourth-largest smartphone maker by shipments, got off to a bad start even before its shares officially started trading in Hong Kong.
Although the World Trade Organization did not name any particular country, its warning that trade barriers are damaging the global economy and that the effects are already apparent should be heeded by the United States.
In contrast to the hardening US position against Iran, the other parties to the Iranian nuclear deal are stepping up their communication in a bid to keep the Iran nuclear deal alive.
TWO YEARS AGO, a miner surnamed Ren was detained for allegedly forging test results showing black lung disease so as to gain the medical insurance fund. Although Ren's lung disease was confirmed by doctors appointed by the police while awaiting a trial, the charge against him was not dropped until his death in May. Beijing News commented on Thursday:
IN THE FIRST HALF of the year in the Xixiangtang district of Nanning, capital of the Guangxi Zhuang autonomous region, about 400 college students were taken to court by a financial loan company because they failed to repay their loans. Thepaper.cn comments:
The seventh Leaders' Meeting between China and Central and Eastern European Countries is set to open on Saturday in Sofia, capital of Bulgaria, which is known as the land of roses. This will soon be followed by the 20th China-European Union Summit in Beijing. These summits are important barometers of relations between China and Europe, two major players in international relations.
Japan's 2-3 loss to Belgium on Monday to a last-minute goal in the round of 16 at the ongoing Football World Cup in Russia has given the Chinese people plenty of food for thought and off-the-field issues for debate.
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