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SPACs are shell companies that have no operations but go public with the intention of merging with or acquiring a company with the proceeds of the SPAC's initial public offering (IPO).

SHIJIAZHUANG -- China's leading sport utility vehicles (SUV) and pickup maker Great Wall Motors on Monday said it will purchase General Motors' Rayong car production facility in Thailand.

Russia was the most popular destination for Chinese tourists, followed by Thailand, Vietnam, Singapore and Malaysia, while Moscow was the most popular city, followed by St. Petersburg, Bangkok, Pattaya, and Singapore, the CNTA data showed.

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S&P Dow Jones Indices said Apple's 4-for-1 stock split, which would reduce the index's tech-sector weighting, "prompted" the changes.

Russia is willing to continue making active efforts with friendly China to prevent war and conflicts and safeguard global stability and security, he said.

SEOUL - The Democratic People's Republic of Korea (DPRK) on Wednesday test-fired one ballistic missile into eastern waters, South Korea's defense ministry said.

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Russian President Vladimir Putin (right) and Japanese Prime Minister Shinzo Abe make a joint statement following their meeting at the Kremlin in Moscow on Tuesday. Alexander Nemenov/ REUTERS

Ryan McDaniel, senior vice president of Walmart China Supply Chain, said Monday that the company will continue to add investment in the supply chain to boost its online-and-offline businesses to better meet demands from Chinese consumers on fresh goods and convenience services.

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SHANGHAI - NIO Inc, a Chinese leading electric vehicle manufacturer said in a financial report released on Wednesday that its full-year deliveries of vehicles reached 20,565 in 2019, compared with 11,348 units delivered in 2018.

Russian President Vladimir Putin responded on Monday that sanctions did not benefit anyone, and he called on the international community to abolish sanctions.