SHANGHAI, CHINA: US software company Adobe will shut its research arm in Beijing by the end of the year, laying off 350 people, according to a statement, as foreign technology firms face a worsening business climate in China.
BEIJING, CHINA: More than nine million students packed exam halls across China for the opening day of the country's university entrance exams --with attempts to stop cheating even leading to bans on metal bra clasps.
Speaking at the opening ceremony of the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, Hu said in the next three years, his government will take measures in five priority areas to support the cause of peace and development in Africa and boost a new type of China-Africa strategic partnership.
LONDON, UK: The latest Global Business Outlook Survey from KPMG International suggests that businesses are ready to begin investing again as the healthy optimism recorded earlier in the year holds firm. Overall, business optimism remains static but strong, with India and China leading the way; while UK and Spain are still less confident.