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China's state media has criticized Canada over its decision to impose 100% import tariffs on Chinese electric vehicles, using bolder language than Beijing's official government response.
Chinese President Xi Jinping said Thursday that China will provide 360 billion yuan (more than $50 billion) in financial support to Africa over the next three years.
China is ramping up spending on chip manufacturing equipment, surpassing the combined expenditure of the U.S., South Korea, Taiwan and Japan in the first half of the year, according to an industry report Thursday.
China's troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been "satisfactory" in propping up the sector, according to a JPMorgan economist.
China's factory activity grew modestly among smaller manufacturers last month as export orders offset weakening domestic consumption, according to a private survey.
The Bank of Japan is widely expected to stick to its monetary policy tightening campaign as inflationary pressures in its capital city of Tokyo reaffirm the bank's economic projections. But market participants remain divided over the timing of the next hike.