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Last year, Mastercard set up a joint venture with NetsUnion Clearing Corp, a Chinese clearing house for online payments.

Last week, Prestige Ameritech, based in Texas, the largest manufacturer of face masks in the US, said it can't keep up with demand.

Last November, China unveiled a medium- and long-term plan for responding proactively to population aging, requiring an integrated development of the service industry for the aged.

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Last year, 777,000 new energy vehicles were sold in the China market, up 53.3 percent year-on-year, according to the China Association of Automobile Manufacturers.

Last month, consumer advocacy and privacy groups filed a complaint with the FTC asking the regulator to investigate Amazon for allegedly illegally collecting information via its Echo Dot Kids Edition device. On Wednesday, Amazon announced a new version of the device.

Last year Silk Ventures introduced Teach Pitch to China's Tsinghua University, which has since then invested in Teach Pitch through its investment fund. Teach Pitch has established a Beijing office and is now selling its software across a network of Chinese schools.

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Last year, China's cross-border e-commerce import transactions reached 1.2 trillion yuan (0.2 billion), an increase of 33.3 percent compared to 2015, a report released by China E-Business Research Center revealed.

Last year, 48 countries cut interest rates a total of 85 times, according to Jiemian, a Chinese-language online news provider.

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Last year, food and drug authorities in China inspected 2,532 batches of baby formula, and only 1.3 percent fell short of standards, Bi Jingquan, chief of China Food and Drug Administration, said at a news conference in February.

Last week, the Solomon Islands severed official ties with Taiwan and established diplomatic relations with the mainland. Kiribati also announced plans it would resume ties with the mainland. So far, 179 countries have diplomatic ties with the Chinese mainland.