U.S. Fed cuts interest rate for second time this year

Chinese President Xi Jinping has expressed confidence that China and the United States can help each other succeed and prosper together.

The U.S. Federal Reserve has decided to lower the target range for the federal funds interest rate by 25 basis points to 3.75 to 4 percent, marking its second rate cut this year.

The Ministry of Transport says China reported over 50 billion regional passenger trips in the first nine months, up 3.1 percent compared to last year.

Chinese President Xi Jinping will meet with U.S. President Donald Trump in Busan, South Korea on Thursday. The two leaders will engage in discussions on strategic and long-term issues concerning bilateral relations, as well as major issues of mutual interest.

At least seven people are reportedly dead across the northern Caribbean, with category 5 Hurricane Melissa making landfall on the southwestern coast of the island of Jamaica.

Chinese Vice President Han Zheng has addressed a leading investment forum in Riyadh, urging joint efforts to pursue win-win cooperation and achieve common prosperity.

China has released details of the recommendations for formulating the 15th Five-Year Plan for social and economic development, adopted at last week’s leadership meeting of the Communist Party of China.

Chinese Vice Commerce Minister Sheng Qiuping says preparations for the eighth China International Import Expo are nearly complete. The expo in Shanghai runs from November 5th to 10th.

China has completed a joint drill for the upcoming Shenzhou-21 crewed space mission as part of final preparations before the launch. The drill involved all members of the test-and-launch team at the Jiuquan Satellite Launch Center in northwest China.

The Hungarian foreign minister says the country will not support the launch of the European Union accession talks with Ukraine as long as a national government is in power.