WASHINGTON/BEIJING U.S. President Donald Trump said on Twitter that he had a "long and very good call" with Chinese President Xi Jinping and that a possible trade deal between the United States and China was progressing well. | Video
BEIJING China's factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington and reduce the risk of a sharper economic slowdown in 2019.
BEIJING China's monetary policy stance has not shifted, but a greater focus will be placed on flexible policymaking to adjust to changes, a central bank official said, with the Chinese economy widely expected to face more headwinds next year.
BEIJING China and the United States have made plans for face-to-face consultations over trade in January, the Chinese commerce ministry said on Thursday, as the world's two biggest economies advanced efforts to resolve a months-long trade war.
* China to relax equity cap on foreign investment in
(Adds commerce ministry comment on removing restrictions,
relaxing some foreign investment curbs)
* Rucheng seeks to prop up private sector to counter
RUCHENG COUNTY, China In the heart of an impoverished village in southern China, a life-sized statue of Mao Zedong sits on a platform adorned with intricate stonework, flanked by a diorama of Red Army soldiers and traditional brick-and-tile homes with curved roofs.
JINAN, China In the near pitch-dark, you can hear them before you see them - millions of cockroaches scuttling and fluttering across stacks of wooden boards as they devour food scraps by the tonne in a novel form of urban waste disposal. | Video
BEIJING China's massive property market is expected to cool further in 2019, with smaller price rises and falling home sales adding to pressure on the world's second-largest economy, a Reuters poll showed.