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Tensions between Beijing and its neighbors in the South China Sea began to calm after a rapprochement with Manila.
Chinese President Xi Jinping is expected to visit Hong Kong in July.
Beijing could build multiple aircraft carriers over the next 15 years, the Pentagon said in a 2015 report.
A growing Chinese middle class and affordability of locally manufactured cars has helped domestic sales.
Since economic conditions have changed in the past decades, some of the existing standards are out of date.
The fate of the 40-megawatt Arak reactor was a key sticking point in nearly two years of negotiations that led to the nuclear agreement.
BRICS countries represent 43 per cent of the world’s population.
China has invested more than $50 billion in countries along the Belt and Road since proposing the initiative in 2013.
The US says tensions have come to a head and that it is working with China and other allies to pressure Pyongyang.
Investment picked up, retail sales rebounded and factory output accelerated.
