Developing in China is not merely for growth. As China spearheads the world in innovation, doing business here has contributed and will contribute greatly to our continued growth globally。
Chinese companies have not been lowering prices in order to offset additional U.S. tariffs, and American firms and consumers are paying the added cost.
Alibaba Group’s Hong Kong shares opened up 7.7 percent higher than its offering price and closed at HK$187.6 (US$23.9) on Tuesday after it completed the city's biggest IPO in nearly a decade.
China's foreign exchange (forex) market reported a turnover of 13.56 trillion yuan (about 1.92 trillion U.S. dollars) in October, official data showed.