The People's Daily, a mouthpiece of the ruling Chinese Communist Party, has rebutted criticism that an overly nationalistic Chinese leadership stance may have hardened the US trade position.
China's proposed retaliatory tariffs on $60 billion worth of U.S. imports will create shifts in the natural gas market, analysts said.
China's state media continued its aggressive rhetoric against U.S. President Donald Trump's administration, accusing Washington of being deceitful amid an ongoing trade dispute.
China is rational and sober in the face of an escalating trade dispute with the United States, Chinese state media said in editorials over the weekend after Beijing announced new tariffs on about $60 billion worth of U.S. goods.
China's top leaders on Tuesday pledged economic stability just as data from the world's second-largest economy suggested that the country is starting to feel the pinch from U.S. tariffs.
The private Caixin/Markit Purchasing Manager's Index came in at 50.8, down from 51.0 in June.
China reported on Tuesday that factory activity was slightly lower than expected in July, with the official manufacturing Purchasing Manager's Index (PMI) coming in at 51.2.
The Chinese yuan is still "fairly valued" despite recent declines against the dollar, said an International Monetary Fund official on Friday.
Scandals about vaccines could jeopardize Beijing's plan to become a pharmaceutical heavyweight on the global stage.
A multitrillion-dollar industry is finally getting a digital makeover as commodity traders enlist technology to solve age-old problems.