August 27: 12 executives, suspects arrested over Tianjin explosions; Obama to raise cybersecurity issue on Xi's US visit
Politics and policy
Police have arrested 12 suspects involved in massive blasts in Tianjin which killed 139 and devastated the port area, the Ministry of Public Security said today. They include the chairman, vice-chairman and three deputy general managers of the Tianjin International Ruihai Logistics which ran the chemical warehouse which triggered the explosions. (Xinhua)
Sales of the book Xi Jinping: the Governance of China have exceeded 5.2 million copies around the world, according to its publisher, the China Foreign Languages Publishing Administration. The book features the president's past remarks and is published in nine languages.
The White House said President Barack Obama would "no doubt" raise concerns about China's cybersecurity behavior when he meets with Chinese President Xi Jinping for a state visit next month. (Reuters)
Economy and business
The State Council, China's cabinet, on Wednesday mapped out new measures to accelerate the development of financial leasing in high-end equipment imports, clean energy, people's livelihood and small enterprises to better serve the real economy. (CCTV)
Chinese telecoms equipment maker ZTE posted a 43 per cent rise in first-half net profit to 1.6 billion yuan (HK$19.3 billion) as the growth of 4G in China and improving margins in its global equipment business offset weaker smartphone sales at home. The telecoms standard 4G, or fourth-generation, allows much faster speeds for wireless internet. (Reuters)
The 12 residential buildings worst hit in the Tianjin chemical warehouse explosions on August 12 are structurally safe, local authorities said in a post-inspection report released on Wednesday.
Beijing topped the list of 45 major Chinese cities with traffic congestion, with commuters on average spending 32 minutes per hour in traffic jams while travelling during rush hours. Beijing is followed by Hangzhou, Guangzhou, Jinan and Dalian on the list. (China Daily)
The smaller of the two panda cubs sired by 17-year-old mother Mei Xiang, who was sent to Washington DC's National Zoo by China, died last weekend due to difficulty breathing. (Xinhua)