Chinese consumers have less and less confidence to splurge, which spells trouble for government efforts to jump-start consumer spending to offset deflation and mitigate the trade war with the U.S.
Pakistan said most of the missiles were intercepted and that retaliatory strikes were underway. It's an escalation in a conflict triggered by a massacre last month that India blames on Pakistan.
Vice President Vance said the fighting between India and Pakistan was "fundamentally none of our business." Experts say the U.S. used to work hard to de-escalate crises between the nuclear states.
Trade negotiators from the U.S. and China are starting talks this weekend in Switzerland. These are the first high-level trade talks between the two countries since President Trump returned to the White House.
The escalation began after India accused Pakistan of being behind an attack where gunmen killed 26 people, mostly tourists, in India-administered Kashmir on April 22. Pakistan denies it.
The superpowers have been locked in a geopolitical blinking contest, waiting for the other side to reach out. The talks in Switzerland are the first concrete sign of a potential thaw in the deadlock.
India has launched strikes in several parts of Pakistan and Pakistan-controlled territory, in a dramatic escalation of tensions between the two nuclear-armed rivals.
Radio Free Asia is laying off about 90 percent of its staff. It says it can no longer pay people after its funding was cut off by the Trump administration.
Exporters, importers and recent government statistics all suggest that trade in both directions is slowing sharply as a result of the tariffs. Neither side appears willing to be seen giving ground.
The count is likely lead to demands to raise the country's quotas that reserve government jobs, college admissions and elected offices for lower and intermediate castes.
Acting President Han Duck-soo has emerged as a potential conservative standard bearer, and South Korean media reported he will officially launch his presidential campaign Friday.
A focus away from the past and on how the private sector can lead future economic growth underscored celebrations in the capital of the former South Vietnam.