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Wang Guoqing, research director at Lange Steel Information Research Center, said that these funds will enhance the quality of M&As in the industry, optimize industry structure and improve corporate profitability.

WASHINGTON -- A drive from New York City, down to Washington DC and through America's rural landscape reveals a cavernous gap in living standards.

WASHINGTON - US President Donald Trump said on Tuesday that a recent report concerning the alleged development of missile bases in the Democratic People's Republic of Korea (DPRK) was inaccurate.

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Wang Bufen, a 81-year-old woman living in a temporary settlement in Zhujia Village, said that although she and her four family members were still scared, she felt good the family was together in the settlement with food, water and toiletries guaranteed.

Walmart, the world's largest retailer, said second-quarter sales at domestic stores and websites operating at least 12 months increased 2.8 percent driven by strong grocery sales. The company reported second-quarter revenue of 0.4 billion, up 1.8 percent from a year ago. Walmart has reported growth for 20 quarters, or five years, an achievement unmatched by any other retail chain.

WASHINGTON - US President Donald Trump tweeted Friday that he has authorized to double the tariffs on steel and aluminum products from Turkey to 50 percent and 20 percent respectively. The White House has since confirmed the tweet.

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WASHINGTON -- The United States and China have the world's most consequential economic relationship and it really pays for them to cooperate a great deal, an economist with the US-based think tank RAND Corporation has said.

WASHINGTON - US?President Donald Trump suggested on Thursday that he supports raising the minimum age to buy assault-style weapons, while vowing to push for background checks.

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WELLINGTON - New Zealand's Prime Minister Jacinda Ardern has said on Tuesday that Huawei has never been excluded from the construction of New Zealand's 5G network.

WASHINGTON - US President Donald Trump said Wednesday that he was disbaning both the Manufacturing Council and Strategy and Policy Forum, as business leaders resigned from the council over his remarks on Charlottesville violence.