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As talks to end the 10-month-old trade war between the world's two largest economies stalled, US President Donald Trump on May 10 announced he was raising existing tariffs on 0 billion in Chinese goods from 10 percent to 25 percent.

As the first company to file a prospectus for issuing China depository receipts, Xiaomi has postponed its application for a CDR offering, while the domestic A-share market has seen a continued downturn in the past few days.

As the debate raged on, Amazon paused construction on its 17-story Block 18 development in Seattle pending the City Council’s vote on the so-called “head tax.” The company also said it was considering subleasing Rainier Square. The mayor stepped in to broker a compromise between Amazon and the Council, which ultimately passed a smaller version of that tax.

As the event is hosted by China Media Group, the country's largest broadcasting system made up of China Central Television, China National Radio and China Radio International, Xia added the producers will make use of the system's rich resources to join hands with around 100 television broadcasters to boost the development of domestic pop music.

As the train draws into a small town in Oxfordshire, the destination is announced in English, then Chinese and then Arabic. The stop is Bicester Village and it has become one of the most important destinations in the United Kingdom for international tourists.