For the past two years, the value of the yuan has been closely linked to that of the euro, so the accusation that China is manipulating its currency to stimulate exports is not supported by the data - unless the European Central Bank is also being accused of currency manipulation. What has actually been happening is that the US dollar has been rising against other world currencies.
It has been a spectacular year of sorts for gold with prices rising steadily and the strong demand continuing into August. By Friday, gold prices had advanced to $1528, or 19 percent, this year, with valuations continuously surpassing levels not seen in the last six years.
There was a remarkable moment when physics professor and TV personality Brian Cox was visiting the British Consulate in Hong Kong to deliver a promotional speech to journalists there.
LOS ANGELES - Guests moved through the verdant, clipped lawns of Mount St. Mary University Los Angeles campus recently making their way to Amat House, where documentarian Chris D. Nebe's new film, Yibin: Golden Gateway to the Yangtze River, showed them a side of China rarely seen by foreigners.
Housing prices in 70 major Chinese cities remained stable in July, while the pre-owned property market saw mild heat due to the peak season for rental business, experts said.
XGIMI, China's largest intelligent projector manufacturer in terms of shipments last year, is looking to gain a lead in the European market by unveiling a new product toward the end of this year.
GUANGZHOU/NEW YORK - It is said that every girl has a wedding dress dream, but that dream of girls in the United States is under threat as tariffs cast a pall on the wedding dress industry that relies heavily on the skills of Chinese embroiderers.
Chinese tech heavyweight Lenovo Group Ltd saw its profit more than double in the quarter which ended in June, on the back of a record high personal computer market share and strong performance in its internet data center business.
Global investors and entrepreneurs have high hopes in China's innovation and entrepreneurship as they pour more investment and resources to build up their network in the country.
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.
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Raymond Zhou
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Chen Weihua
