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SAN FRANCISCO - China has scored great achievements in the past five years which will guide Western countries to reform the global financial system, a US scholar said Tuesday.

SHENZHEN - Chinese tech giant Huawei had sold more than 200 million smartphones in 2019 by Tuesday, the company announced Wednesday.

SHENZHEN - Zhao Xiaoyong was once called "China's Van Gogh," as the farmer turned oil painter made over 100,000 replicas of Van Gogh's work over the past 20 years.

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SAO PAULO - Chinese telecom giant Huawei on Thursday launched its artificial intelligence-backed cloud storage service in Brazil, as part of its expansion plans in the South American country.

SEOUL - The Republic of Korea (ROK) and the Democratic People's Republic of Korea (DPRK) launched Red Cross talks Friday to discuss humanitarian issues, including reunion of Korean families separated across the inter-Korean border, Seoul's unification ministry said.

SOEs have turned out to be a rational way to deal with some of the most difficult contradictions of microeconomics: How can a nation prevent large firms in naturally monopolistic industries from exploiting their power over consumers while at the same time taking advantage of economies of scale? How can a country make very long-term, large capital investments in infrastructure or technology development that benefit the country but are not attractive to private investors? How can a country incentivize companies to consider concepts of total social benefit in their plans?

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SHENZHEN - China's leading property developer Vanke posted a 24.9-percent year-on-year increase in net profit in the first half of the year, a company statement said Monday.

Ryamizard Ryacudu, the Indonesian defense minister, told the Raisina Dialogue 2018 in New Delhi on Thursday that the situation in the South China Sea is easing and such momentum needs to be maintained, according to the National Herald newspaper in India.

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SMEDEREVO, Serbia — China's Ministry of Commerce started training courses here on Tuesday for Serbian workers of the iron and steel manufacturer HBIS Serbia.

SEOUL - South Korea unveiled the country's biggest-ever supplementary budget plan Wednesday to tackle an economic fallout from the COVID-19 outbreak across the world.