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That was up from the revised 54 billion dollars in July and higher than economists' expectation for 54.4 billion dollars, according to the US Commerce Department.

The 11 regional branches will be set up in countries such as Russia, the United Kingdom, South Africa and Australia. The company wants to manufacture trains, purchase parts, and build maintenance and service facilities through a localization strategy and hiring local employees in key markets in 2020.

The .50 per share price represents a 46 percent premium over the closing price on Nov 15, the day prior to media reports about the transaction, according to the statement.

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That takes the number of people who died because of the disaster to at least 22,131, including those who succumbed to health issues after evacuation, the police said.

The 'Happy Family' celebrate a Guinness world record with guests and audience members on Hunan Broadcasting System's Happy Camp variety show, in March. [Photo provided to China Daily]

The 16th typhoon of this year will form in the east of the South China Sea on Monday, and it is expected to make landfall late Tuesday or daytime on Wednesday in southeastern Hainan.

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That same day Trump then inspected a refurbished section of fencing in California at the US-Mexican border and insisted the US immigration system was overburdened and illegal crossings must be stopped. "Our country is full. ... Turn around," he declared. "We can't take you anymore."

That said, it is still too early to withdraw the fiscal and monetary stimulus package introduced to mitigate the COVID-19 effect, as some infrastructure projects and smaller businesses are still facing a funding crunch, they said.

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The "Lantau Tomorrow Vision" is a development project on man-made islands in waters off Lantau Island.

The 11 countries, with a total population of 498 million people and average per capita income of ,090, represent 13 percent of the global economy.