Beijing E-Town Semiconductor Technologies , a semiconductor equipment firm backed by Beijing's government, on Wednesday said it has sued U.S. chip equipment supplier Applied Materials over alleged trade secrets infringement.

The recent flooding that killed 31 in a single nursing home exposed flaws in emergency planning as China braces for more extreme and unpredictable weather.

The Chinese economy lost some momentum in July, backing the case for policymakers to snap out of wait-and-see mode and stimulate growth.

China’s government declared this week that it has “indisputable” authority over the selection of the next Dalai Lama, directly challenging the current spiritual leader’s authority and setting up a major succession dispute.

President Donald Trump on Tuesday will extend the 90-day trade truce between the United States and China for another 90 days, as he and Chinese President Xi Jinping hope to prevent an all-out trade war. The new deadline will expire on Nov. 9 at 12:01 a.m., according to CNBC. The Washington Examiner reached out to the White House for comment.

Beijing issued its highest alert for rainstorms on Monday, days after deadly deluges swept parts of the Chinese capital and triggered a rare apology from under-prepared officials.

Chinese property stocks rose after Beijing scrapped longstanding restrictions on the number of homes city residents can buy in suburban areas.