Saudi oil giant Aramco posts 5% dip in first-quarter profit on weaker crude prices

China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo’an told reporters on Thursday.

Members of Congress had raised national security concerns about TikTok due to its ownership by ByteDance, which is based in China.

The size of China’s highly anticipated stimulus plans will likely depend on the outcome of the U.S. presidential election, analysts say.