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As downpours continue to batter vast stretches of the country, especially areas in the south, leaving at least 121 people missing or dead, forecasters have warned of a grim flood control situation in the north, which hasn't seen major floods for years, from precipitation that is expected to be much heavier than normal.

As an effective means of purchasing land and expanding businesses, Chinese property developers made 333 M&A deals worth 296.1 billion yuan last year, up 14.7 percent and 31.6 percent year-on-year, respectively, the paper reported, citing data from property research institution China Index Academy.

As a more encouraging sign, China's exports jumped 21.1 percent year on year in November in US dollar terms, the fastest growth since February 2018, thanks to strong demand for medical goods and electronics.

Intermediate-range Nuclear Forces Treaty with Russia, experts said the complicated relations between the countries may become even more tense, increasing the possibility of armed conflicts.

As a teenager, Ma would make money by knitting for some of the stores along Baohua Lu. That was before she met her husband, whose clothes repair shop specialized in mending qipao (a traditional Chinese dress), Western-style suits, cashmere jackets and stockings, among other clothes and accessories.