Nike warned that its turnaround is taking longer than it expected, leading three Wall Street banks to downgrade the stock as investors lose patience.

When three villagers from China’s Sichuan province wrote to local officials in 2022 asking why the government was confiscating their land and evicting them from their homes, they received a terse reply: It was a “state secret.

BEIJING, April 1 (Reuters) - China's Finance Ministry said on Wednesday that Canadian Finance Minister Francois-Philippe Champagne would visit China this week, a trip his office said aimed to build closer strategic and economic ties.

Nike has shown some gains in North America, its largest market, amid its turnaround, but the strength was offset by weakness in China.

"The Strait of Hormuz and the surrounding waters are ‌an important route for global trade and energy ‌supplies. China calls for an immediate ceasefire, an end to the fighting and restoration of peace and stability in the Gulf Region," Chinese foreign ministry ⁠spokesperson Mao Ning told ⁠reporters regarding reports of the vessels' passage.

Chinese AI companies are focused less on being cutting edge and more on attracting customers. That means holiday promotions, and making chatbots useful in everyday life.

Some robotaxi passengers were left stranded in the middle of fast-moving traffic in a major Chinese city after their driverless vehicles stopped running, according to police and media reports on Wednesday.

The leader of Taiwan's largest opposition party, the ⁠Kuomintang (KMT), ⁠will visit China in April after ⁠being invited by Chinese President Xi Jinping, a trip that will come a month before ​U.S. President Donald Trump goes to Beijing for his own summit.

By Trixie Yap and Siyi Liu SINGAPORE, March 31 (Reuters) - China is poised to extend its ban on refined fuel exports into April, five industry sources with knowledge of the matter said, though exemptions could be applied to small volumes bound for countries in the region that have requested help.