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Three episodes in American history illustrate the problems caused by loose monetary policy and loose banking regulation: 1) The stagflation, combined inflation and slow growth, of the 1970s. 2) The savings and loan bank default crisis of the 1980s. 3) The debt-driven boom of the 1990s and 2000s that resulted in the global financial crisis of 2008, which in turn compelled the US government to use QE to escape from a possible great depression.

Though securities class action has long existed in mature capital markets such as the United States, replicating US rules in China could lead to abuse of class action, given the differences between the legal systems of the two economies, said He from the China Law Society.

Tim Smith, the Asia-Pacific head of APM Terminals - the port and terminal operating arm of Denmark's Maersk Group, said with surging infrastructure development and job opportunities, the BRI is the future global economic growth engine, and that shipping port operators and logistics companies will benefit through cooperation and trade activities brought by the initiative.

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Though there is a lower risk of a massive locust plague coming to China, the administration noted that the country may face some uncertainties regarding control efforts. It urged all related departments to treat possible threats seriously.

Till date, Lithuania has approved simplified procedures in license application for e-money and payment service providers. Its sandbox principle has also been an active practice for incubating fintech startups. Other perks include lower taxes and startup visa options.

Though there are no one-size-fits-all solutions for enterprises to succeed in the marketplace, the challenges and successes involved in transformation and upgrading often offer valuable insights for companies, experts said during the 2018 China's Strategy in Business Competition forum in Shanghai on Wednesday.

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Three Chinese citizens were killed in a vicious attack in a Chinese company's warehouse in Lusaka, Zambia's capital, on Sunday, according to a news release from the Chinese Embassy to Zambia,

Though anti-globalization seems to be on the rise and many countries including China and India are suffering setbacks, the future of China-India business ties will be decided by stable political relations, fast-growing service businesses and complementary goods trade, especially in high-tech manufacturing and healthcare sectors, he said.

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Though it will still hold a controlling interest in Gland Pharma, Fosun said the new agreement will establish closer cooperation between the management teams of the two companies.

Tibet was ranked top in China in terms of mobile phone data charge reductions last year.