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Rainy weather is expected to continue in the southern areas of China, according to meteorological experts, suggesting relevant regions strengthen investigation of disaster risks to prevent the disturbance of mountain torrents and geological disasters on transportation and city operation.

RIYADH -- The Chinese tech giant Huawei on Saturday announced the inauguration of its first flagship store in Saudi Arabia, which is also its largest store in the Middle East and Africa.

Recent monetary policy moves by the central banks in China and the United States have fueled a rally in the major stock markets in both countries. [Photo/Sipa]

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Raising tariffs will not balance America's books because the real problem is its excessive consumption and low savings rate. The trade imbalance with China is further aggravated by the long-term US restriction on high-tech exports to China. China, for example, imported 0.1bn of integrated circuit in 2017, but only .2bn, or 3.9% of that, came from the US.

Reform of the investment and financing systems will also be deepened to enable investment to play a crucial role in improving the supply structure, he added.

Reading the runes

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Reasonably adequate liquidity, prudent monetary policy are needs of the hour

Recently, I've begun to notice similar practices in China, as companies compete to cash in on the ever-growing buying power of the Chinese middle class.

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ROK President Moon Jae-in and DPRK leader Kim Jong-un pose for photographs with the joint statement in Pyongyang, Sept 19, 2018. [Photo/Agencies]

Regarding China's trade with Democratic People's Republic of Korea (DPRK), Huang highlighted the fact that China's imports from the DPRK had fallen substantially for four straight months.