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Ma Weihua, former president and CEO of China Merchants Bank, is tipped to chair the joint venture that will run the fund.

Manila has been experiencing stormy weather but the source could not confirm if the accident was caused by the weather.

Ma Yuting, the youngest winner of this year's award, works in her office at the Suzhou Institute of Systems Medicine under the Chinese Academy of Medical Sciences.[Photo provided to China Daily]

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Ma said the Democratic Progressive Party, the ruling party of the island, had ignored the well-being and safety of Taiwan compatriots, and sold itself to the US.

Ma and his teammates never expected a soccer pitch six years ago, back when their village had nothing to do with the sport.

Ma Bin, a software developer in Beijing, recently came across a link for a new 5G smartphone when he was buying a bowl of rice noodles via a food delivery app earlier this month.

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Macroeconomic policy coordination is important even in normal times. Ordinarily, policymakers who need to alleviate a coming slowdown or recession have two major tools. They can use stimulative fiscal policy - tax cuts or increased government spending - to put more funds directly into the hands of consumers and businesses. They can also use monetary policy - increases in the availability of loans and cuts in the interest rate - to encourage businesses to invest and consumers to buy large durable goods such as cars, homes or appliances. Ideally, additional spending will lead to more jobs, which in turn leads to more spending in a beneficial cycle.

Manufacturers in the Rust Belt fear additional tariffs would antagonize their long-standing trade partners, leading to a decrease in exports. Soybean farmers throughout the Midwest are nervously watching how China, which buys a quarter of American soybeans, will respond in kind.

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Major US airlines don't anticipate the plane will return to service until January.

Manafort's attorneys have signaled they will seek to blame Gates and have accused him of embezzling millions of dollars from Manafort. Gates has been described by witnesses as Manafort's right-hand man who helped run the operations of a multimillion-dollar political consulting business.