SHANGHAI China will lift restrictions to investments by foreign firms in a range of service industry sectors, including e-commerce, logistics, accounting and auditing, the China Securities News quoted commerce minister Gao Hucheng as saying.
WASHINGTON The Obama administration on Friday asked the World Trade Organization to establish a dispute settlement panel to rule on U.S. claims that China is unfairly continuing anti-dumping duties on U.S. broiler chicken products.
BEIJING Domestic authorities in European Union member states should stress-test their financial institutions for cyber risks, a top E.U. supervisor said, warning banks might be required to hold extra capital as a buffer against what is an emerging threat.
BRUSSELS The European Commission and China may be near a deal to avoid a dispute at the World Trade Organization and a wider trade war, diplomats say, but must convince EU lawmakers angry over record Chinese steel output.
BEIJING China's central bank on Friday condemned two news reports from foreign media outlets published this week about currency reforms and monetary policy.
LONDON The new managers of Manchester United and Manchester City will face an early confrontation when the teams meet in a friendly in Beijing on July 25.
HONG KONG/HELSINKI China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion (2.32 billion pounds) bid for U.S. crane maker Terex Corp after failing to agree terms, clearing the way for a smaller deal between Terex and Finland's Konecranes .
BEIJING Growth in China's vast manufacturing sector likely stalled in May after slight expansions in the previous two months, a Reuters poll showed, throwing more cold water on hopes that the world's second-largest economy is reviving.
BEIJING China is extremely dissatisfied with a statement by Group of Seven (G7) leaders on the contentious South China Sea, where Beijing is locked in territorial disputes with several southeast Asian countries, the Foreign Ministry said on Friday.