China has imposed sanctions on 10 U.S. defense firms for arms sale to Taiwan, including Raytheon, Lockheed Martin and Boeing Defense. Analysts say the actions are largely symbolic as these companies ...

The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed currency to drop further amid a sluggish economy.

China has claimed that the self-ruled Taiwan is part of its territory and has refused to renounce using force against it.