In May, the company announced in its 2018 first-quarter financial report that it had ended a joint venture, Macy's China Ltd, which was set up with Hong Kong-based Fung Retailing Ltd in 2015. Its official website was closed in June, but said it would remain active on Alibaba's platform and other Chinese social media channels.
In May 2012, all eight members of Hai's family moved to Minning township in northern Ningxia as part of the region's plan to relocate 350,000 people out of mountains and valleys in Guyuan.
In South Africa, the tourism industry is pursuing new strategies to further understand the needs of Chinese visitors. Industry analysts said Chinese tourism is vital to Africa's economic growth.
In May, Boeing started construction of the first overseas production center for its most popular 737 family of aircraft in the East China port city of Zhoushan, including a completion center and delivery center.
In Lebanon, the number of COVID-19 infections increased by 11 to 1,097, while the death toll remained unchanged at 26.
In Shanghai, stricter limits have been imposed on homebuyers' qualifications and down payment requirements to stabilize prices.
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In Los Angeles on Wednesday, the United Daughters of the Confederacy asked the Hollywood Forever Cemetery to remove a monument that since 1925 had honored Confederate veterans. Cemetery spokesman Theodore Hovey said the organization made the request after hundreds of people demanded it be taken away.
In Q2, China's gross domestic product expanded by 3.2 percent year-on-year, reversing a 6.8-percent contraction in the previous quarter. China's fiscal revenue marked the first expansion this year by gaining 3.2 percent year-on-year in June, while the contraction of the retail sector declined markedly.
In Tokyo, the epicenter of Japan's outbreak, the daily infection rate has been in double digits for several days since Tuesday when the government completely lifted the state of emergency.
In Thursday's interbank market, the overnight Shanghai Interbank Offered Rate (Shibor), which measures the cost at which banks lend to one another, increased 15.1 basis points to 2.418 percent. The Shibor rate for one-month loans also increased to 2.81 percent.