The United States is placing a leading Chinese oil importer on its sanctions blacklist for trading in Iranian crude, Secretary of State Mike Pompeo announced Monday.

Russia and Turkey are in talks about the possibility of jointly manufacturing some components of Russia's S-400 missile defence system in Turkey, the TASS news agency cited Sergei Chemezov, head of Russia's Rostec state conglomerate, as saying.

A key gauge of China's debt has topped 300% of gross domestic product, according to the Institute of International Finance (IIF), as Beijing steps up support for the cooling economy while trying to contain financial risks.

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