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As China began to cut manufacturing sector VAT from 16 to 13 percent on April 1, some imported and high-end vehicle brands lowered prices to boost sales nationwide.

As China and the United States account for a third of the global economy and bilateral trade accounts for a fifth of global trade, the steady and healthy development of China-US trade ties is significant for the stability of the world economy, which is struggling to recover.

As Hong Kong had been unable to fulfill this obligation, Beijing is using powers under the Basic Law to pass a tailor-made version of national security laws via direct promulgation for Hong Kong.

As China's financial regulator tightens control of property loans, many developers face liquidity pressure, and may turn less active in buying land reserves in sub-prime locations, according to Zhang.

Apple?lost a trial?in June 2013 and agreed to pay 0 million in a settlement to consumers if its appeals were denied. An appeals court denied Apple’s claim and the Supreme Court refused to hear its case, so the settlement went into effect.?The publishers had agreed to a 6 million settlement before the trial.