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China's Ministry of Finance announced at a State Council Information Office briefing that the cap on interest-subsidized loans for small, medium and micro enterprises will be raised from 50 mln yuan to 75 mln yuan; the cap for service-sector operatin

2026-08-21

China's Ministry of Finance announced at a State Council Information Office briefing that the cap on interest-subsidized loans for small, medium and micro enterprises will be raised from 50 mln yuan to 75 mln yuan; the cap for service-sector operating entities will be increased from 10 mln yuan to 20 mln yuan; and the subsidy cap on individual consumer loans will be raised from 3,000 yuan to 5,000 yuan to better meet business investment and household consumption needs.

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2026-08-21

Aug 21 — Chinese defense minister Dong Jun met his Indonesian counterpart in Jakarta during the second China‑Indonesia foreign and defense ministers' 2+2 ministerial meeting. Citing strategic guidance from both heads of state, the two sides said bila

Aug 21 — Chinese defense minister Dong Jun met his Indonesian counterpart in Jakarta during the second China‑Indonesia foreign and defense ministers' 2+2 ministerial meeting. Citing strategic guidance from both heads of state, the two sides said bilateral military ties face a favorable development window and broad cooperation prospects; they agreed to consolidate military mutual trust, deepen pragmatic cooperation across multiple domains, increase exchanges at all levels and jointly safeguard regional peace and stability.
2026-08-21

The Dow Jones Industrial Average closed down 700.75 points, or 1.31%, at 52,762.30 on Thursday, August 20. The S&P 500 closed down 66.42 points, or 0.86%, at 7,641.56 on Thursday, August 20. The Nasdaq Composite closed down 263.92 points, or 1.00%, a

The Dow Jones Industrial Average closed down 700.75 points, or 1.31%, at 52,762.30 on Thursday, August 20. The S&P 500 closed down 66.42 points, or 0.86%, at 7,641.56 on Thursday, August 20. The Nasdaq Composite closed down 263.92 points, or 1.00%, at 26,067.17 on Thursday, August 20.
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