BEIJING: China’s government had seized over 300 billion yuan ($47 billion) of unspent government funds as of the end of August, the cabinet said after a weekly meeting.
Authorities have also abolished price controls in 80 areas that include the natural gas and electricity sectors, State Council, said.
Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port
GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...







