Chinese stocks rose sharply after a state pension fund said it will invest over $300 billion in the stock market. Only Hong Kong bucked the trend.
While Asian stocks extended their recovery Friday, European shares failed to hold on to their modest early gains.
The Chinese government is seeking to limit political fallout following criticism of its handling of the stock market crisis.
China's slowdown is providing Indian exporters with new problems as well as new opportunities.
China needs to make its service sector more "open, dynamic and innovative" by giving foreign service providers a "level-playing field," an American nonprofit said.
Wisconsin Governor and GOP presidential hopeful Scott Walker criticized President Barack Obama's stance on the Middle East and promised stronger military action.
Chinese authorities have ordered many businesses in and around the capital, Beijing, to limit or cease operations, ahead of a military parade next month.
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