China In 3 Minutes | August 26: Mainland China and Taiwan sign tax, aviation deals; UN experts say China sold missiles to South Sudan

Politics and policy

Premier Li Keqiang, when he met Kazakhstan’s first deputy prime minister in Beijing, said there was no basis for the yuan currency to weaken further and the exchange rate would be maintained at a “basically stable” level. (AFP)
 

Police are investigating people connected to the China Securities Regulatory Commission, Citic Securities and Caijing magazine on suspicion of offences including illegal securities trading and spreading false information, in a step state media called “to purify” capital markets through stricter enforcement. (Bloomberg)
 

Delegates from mainland China and Taiwan signed two agreements on tax cooperation and aviation safety during a meeting in the eastern Chinese province of Fuzhou. The tax deal, which will reduce costs for enterprises and individuals, aims to encourage cross-Strait direct investments, while the civil aviation agreement will make flying safer and reduce civil aviation enterprises’ costs. (CCTV)

Diplomacy and defence

Chinese and US energy authorities are close to signing an agreement that would allow the two nations to share their results as they refine technologies to capture the greenhouse gases produced from burning coal to advance “clean coal” technologies. (AP)