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The EPO Patent Index 2019 published by the Munich-based organization showed that patent applications originated from China at the EPO grew by 29.2 percent in 2019 to a total of 12,247, setting a record high.

The EU was China's biggest trading partner last year, while China was the EU's second-largest trading partner. However, the Association of Southeast Asian Nations overtook the EU as China's largest trading partner in the first three months of this year, as the COVID-19 pandemic hit global trade hard.

The Chungnam provincial police department said it has launched an investigation.

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The Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission said in a statement Friday that disciplinary inspection commissions and supervision agencies nationwide received over 1.4 million reports and letters complaining of such violations in the first half of this year. Investigations were conducted in 286,000 cases.

The Dow fell 1,175.21 points, or 4.6 percent, to 24,345.75, the S&P 500 lost 113.19 points, or 4.10 percent, to 2,648.94 and the Nasdaq Composite dropped 273.42 points, or 3.78 percent, to 6,967.53.

The Chinese president expressed the hope that the IMF will continue to promote global trade, safeguard a fair and open global financial market, and advance the development of the international order in a more just and rational manner.

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The European country is currently working on a shipment of hospital equipment in coordination with Chinese government.

The European Commission, or the European Union (EU)'s executive arm, said these products had been sold in Europe at heavily dumped prices. The new anti-dumping duties range between 18.1 percent and 35.9 percent and will be in place for an initial five years.

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The DA's choice of Abacus itself was odd, as many observers pointed out. With 0 million in assets, Abacus made only plain-vanilla housing loans requiring down payments of at least 20 percent.

The Dow lost 1,464.94 points, or 5.86 percent, and closed at 23,553.22. The S&P 500 fell 140.85 points, or 4.89 percent, and finished at 2,741.38. The Nasdaq Composite declined 392.20 points, or 4.70 percent, to close at 7,952.05.