US President Donald Trump is growing increasingly frustrated with China over bilateral trade issues and its inaction on North Korea and is now considering possible trade actions against Beijing, according to a new report.
Profits at China's industrial companies surged 16.7 percent in May from a year earlier, accelerating from April and defying expectations of a slowdown in the face of rising borrowing costs and a cooling property market.
Fears grew for 141 people missing in China after a landslide buried their mountain village in southwestern Sichuan Province on Saturday, with reports that only three survivors had been pulled out of the mud and rock hours after the calamity struck.
Around 100 people are feared buried after a landslide smashed through their village in southwest China’s Sichuan Province early Saturday, local officials said, as they launched an emergency rescue operation.
China’s economic growth is expected to fall below the government’s six percent target in 2018 and 2019, according to Fitch, reflecting the increasing challenge of supporting growth given a higher level of indebtedness.
Greece blocked a European Union statement at the United Nations, criticizing China’s human rights record, a decision EU diplomats said undermined efforts to confront what they called Beijing’s crackdown on activists and dissidents.