China's central bank - the People's Bank of China (PBC) - has stepped up efforts to roll out its Digital Currency Electronic Payment (DCEP) as it seeks to stay ahead of the competition among central banks around the world and help preserve financial sovereignty, state-run Global Times reported.

China defended on Tuesday its year-long detention of two Canadians after Ottawa accused Beijing of "arbitrarily" arresting the men in what was widely seen as retaliation for the arrest of a Huawei executive.

The president was reiterating a position long held by his administration, including David Malpass when he was a Treasury Department official prior to his election as the current head of the World Bank.

China said on Friday it will offer a tariff waiver to "some" imports of US soybean and pork, in the latest sign of easing trade tensions between Beijing and Washington.

The comments Thursday by a Commerce Ministry spokesman indicated Beijing is sticking to its demand for a tariff cut as another a possible increase on Dec. 15 approaches with no agreement.

Khiladi Akshay Kumar's sports drama 'Gold' is all set to storm Chinese theaters this month. The team of the movie including AKshay, Viineet Kumar, producers Farhan Akhtar and Ritesh Sidhwani announced the China release date on social media.

Doval and Wang are the designated Special Representatives (SRs) of the two countries for boundary talks.

In an interview with Toronto's Global and Mail newspaper, Ren Zhengfei said the move was necessary because Huawei would be blocked from interacting with U.S. employees.