The fact that US equity markets reacted warmly to the US administration's decision to delay an additional tariff on certain products imported from China proves that US companies believe the trade dispute between the two countries will hurt both economies, said Chinese academics.
Market expectations of the central bank adopting an easing policy are rising, after China's industrial output growth cooled in July, although the monetary authority has repeatedly confirmed its cautious stance since the third quarter, analysts said.
Chinese investment in Europe nose-dived in the first half of this year from the same period of last year due to growing trade tension and economic uncertainty, according to a report from international consultancy group EY.
Alibaba Group Holding Ltd is upgrading its wholesale business by adding a new sourcing channel to better facilitate cross-border trade, particularly for small - and medium-sized enterprises.
Artificial intelligence is developing vigorously in China with tech companies across the country teaming up to marry the technology with a variety of industries, a top industry official said.
Shanghai municipal government has announced a total of 40 policies to further open up the city's service industry, in the hope of creating a comprehensive round of opening-up of Shanghai and further enhancing the city's competitiveness in the international market.
The Chinese economy has changed over the past decades and now relies mostly on the domestic market for sustainable growth, which means there is no reason for China to manipulate exchange rates to cope with trade disputes, Chinese experts said on Tuesday.
China's major telecommunications carriers are racing to commercialize 5G services, aiming to be at the forefront of the next-generation mobile communication revolution and generate new streams of revenue.
Huawei Technologies Co Ltd will invest $800 million to build a factory in Brazil, the world's fourth-largest smartphone market, by 2022 as part of broader efforts to beef up its presence in foreign markets to offset the fallout of global economic uncertainty.
The asset quality of Chinese commercial banks remained stable as their nonperforming loan ratio rose by just 1 basis point from the previous quarter to 1.81 percent at the end of the second quarter of the year.
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