Vaccine, medical shares take hit in A-share market
Vaccine stocks tumble following the rabies vaccine scandal, with the company at the center of the scandal temporarily suspending trading in the A-share market.
China’s Food and Drug Administration earlier found Changchun fabricating production data and violating the country’s drug production quality management protocols.
Shares of Changsheng resumed trading in the afternoon after the company received a Notice of Inquiry from the China Securities Regulatory Commission. (People's Daily app)
Increased tariffs to damage global GDP: IMF managing director
International Monetary Fund Managing Director Christine Lagarde says protectionist trade policies will have a negative impact on the world economy.
She cited the effects of the US’ tariffs on global Gross Domestic Product forecasts.
Lagarde said that the IMF has analyzed the hypothetical consequences of trade restrictions due to tariffs and said that "everything indicates" the global GDP would be negatively affected. (Xinhua)
Secret papers show Trump aide suspected of 'conspiring' with Russia
The FBI believes a former campaign adviser to Donald Trump was collaborating with Russia.
This, as it worked to influence the 2016 presidential election.
Trump is portraying the wiretapping of his ex-aide part of a partisan and "illegal" conspiracy.
That’s because he says the FBI partly relied on information provided by Democrat-funded research in seeking its warrant. (AFP)
China's emergencies ministry stresses flood preparedness, response
China's Ministry of Emergency Management calls for better efforts to mitigate disasters and reduce casualties in the flood season.
Vice Minister Huang Ming said that late July and early August are a "critical stage" for fighting floods and providing relief.
Since July, rainstorms have hit many regions, triggering floods along the Yangtze and Yellow rivers and their tributaries. (Xinhua)
US not 'afraid to tackle' Iran regime at 'highest level': Pompeo
The US says it’s not "afraid to tackle" Iranian officials with sanctions at the "highest level" of its government.
Secretary of State Mike Pompeo said the Trump administration unveiled a "new strategy" intended to force Iran to yield to a dozen stringent demands.
He added that Washington wants all countries to reduce their imports of Iranian oil "as close to zero as possible" by November 4. (AFP)
S.Korea's opposition lawmaker Roh Hoe-chan jumps to death amid funding probe
A prominent South Korean opposition lawmaker was found dead apparently after jumping from an apartment building.
This, amid an investigation into allegations that he accepted illegal political funds.
The body of Rep. Roh Hoe-chan was found near the entrance of the apartment building in central Seoul at 9:38 am local time.
Police said they found a jacket on the stairs of the building's 17th and 18th floors.
In the jacket were Roh's wallet containing his ID and business cards, as well as what appeared to be a suicide note. (Yonhap News)
One killed in Toronto shooting
And at least one person was killed in a mass shooting in Toronto, Canada.
Fourteen others were hurt.
They include a 9-year-old girl listed in critical condition.
Police said the gunman was killed.
Authorities said it is too early in the investigation to determine if there is a terrorism link. (AP)
And that’s People’s Daily Tonight. Thanks for joining us.
(Produced by David Nye, Wang Yi and Zhao Dantong)