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Amid rising tensions over international trade, the broad global expansion that began roughly two years ago has plateaued and become less balanced, Maury Obstfeld, director of the IMF Research Department, said on Monday.

Ambassador Liu said, Covid-19 poses a grave challenge to mankind. Vaccine is the ultimate solution to win the final victory over the virus. In R&D of Covid-19 vaccine, China has not only worked hard itself but also taken an active part in international cooperation. At the 73rd World Health Assembly, President Xi Jinping solemnly pledged that when a Covid-19 vaccine is successfully developed and put to use in China, China will be shared it with the world as a global public good to ensure vaccine accessibility and affordability, especially in developing countries. The Chinese side appreciates the work that CEPI has done to promote international cooperation on R&D of vaccine and its achievements so far, and looks forward to closer exchanges and cooperation with CEPI, and more positive contribution from CEPI to safeguarding the safety and health of people of all countries.

American farmers, a key voting block in US President Donald Trump's unexpected victory in the 2016 election and among the hardest hit by the ongoing US-China trade dispute, will receive billion in aid, the Agriculture Department announced on Thursday.

Among the world's top 10 liquor brands, Chinese brands account for half of the total with five positions. The other brands from the country are Jiangsu Yanghe Winery Co Ltd, Sichuan Yibin Wuliangye Group Co Ltd, Gujing Group and Fenjiu Group.

Amazon’s investment follows its product announcements last week that included a new Alexa-enabled microwave, clock, and audio-related devices for the home as the tech giant aims to get its voice platform everywhere. Earlier this year, it paid a reported billion to acquire home security company Ring.