The S&P 500 dropped 3.1 percent to 2,656.29 in New York, while the Dow slumped 2.4 percent to 24,584.71. The Nasdaq plunged 4.4 percent for its biggest single-day slide since August 2011. The tech-heavy measure is now down 12 percent from an August record, meeting the accepted definition of a correction.
The People's Bank of China pumped 100 billion yuan (.9 billion) into the market through reverse repos after injecting 80 billion yuan on Wednesday.
The SD series is designed to provide reliable, convenient and economic launch services for commercial satellite enterprises to build their networks or test their equipment, Tang said.
The People's Bank of China (PBOC) conducted 100 billion yuan (about .62 billion) of seven-day reverse repos and 80 billion yuan of 28-day reverse repos, according to a PBOC statement. Taking into account the 13 billion yuan of reverse repos that matured Tuesday, the net injection stood at 50 billion yuan.
The Republic of Korea's new government, led by President Moon Jae-in, dispatched a special envoy to visit China last week immediately after Moon took office, which Wang said showed the country's desire to improve ties with China.
The Second China-Mongolia Expo is slated to take place in Hohhot, capital of China's Inner Mongolia autonomous region between September 26 and 30 this year. Through exhibitions, conferences and seminars, investment and trade negotiations, the expo will serve as a communication platform for all sides, Qian said at a press conference.
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The Pentagon last month announced a decision to send to the Middle East 1,500 US troops along with Patriot systems, drones and fighter jets, a move called by US Acting Secretary of Defense Patrick Shanahan a "prudent response to credible threats from Iran."
The RMB's share in the global payments market now remains robust, coming in at fifth place in the world as of August, despite a slowdown in economic activity because of import tariffs imposed by the United States and a weak global demand, it said.
The Second World SME Conference is scheduled to be held at Beijing Yanqi Lake International Convention and Exhibition Center from June 21 to 23, aiming to facilitate communication and development of small and medium-sized enterprises (SMEs) worldwide, the conference's organizers said in a media conference on Thursday in Beijing.
The Public Security Bureau of Wangjiang county in Anqing, Anhui province, has suspended a policeman and three auxiliary officers and launched an investigation into whether they adequately responded while trying to rescue a 17-year-old student who drowned.