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The United States and the EU agreed in July to avoid additional tariffs while both sides work to reduce tariffs and lower non-tariff barriers for industrial goods traded in between, but Brussels hinted that the truce may not last long.

The Tula plant, with an investment of 0 million, started production in June 2019. It is Great Wall Motors' first wholly-owned overseas plant.

The US airplane giant Monday celebrated the fly-away of the first BBJ MAX airplane, which extends the range, performance and cabin comforts of the world's most popular business jetliner.

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The US Department of Defense said Iran had launched 16 short-range ballistic missiles, at least 11 of which hit Iraq's al-Asad Air Base. One hit a facility in Irbil but caused no major damage, it said.

The UK was China's top investment destination in Europe between 2007 and 2017, according to the American Enterprise Institute's China Global Investment tracker, but Liu said that bilateral business relations could take a hit in the event of a ban on Huawei.

The United States is displaying its double standards as it interferes in the internal affairs of other countries despite being unable to deal with problems related to racism on its own shores, a Russian political observer has said.

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The US housing market is showing strong demand as mortgage applications, purchase prices and number of sales for the week ending June 8 increased.

The US recorded more than 213,000 new cases Tuesday, and there were 104,600 patients hospitalized with the virus, a record for the third consecutive day, according to the Covid Tracking Project. There have been more than 286,000 deaths, according to Johns Hopkins University data.

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The UK-China CEO Council, a platform for exchange and cooperation for businesses in the two countries, held its first meeting in Beijing on Wednesday. It is composed of representative companies in industries including finance, energy, automobiles, telecommunications, transportation and medicine. Fifteen companies are from China and 16 are from the UK. They include the Bank of China, Huawei Technologies, BP and Jaguar Land Rover.

The UMSICHT will head up research into the field of biofuels. Some climate change experts argue that deriving fuels from agricultural waste and other forms of biomass can play a role in reducing fossil fuel extraction as society moves toward a low-carbon future.