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China is considering policies to provide loans to the mineral-rich countries in exchange for resources.

Housing prices rose 11.4 percent in June, narrowing from the 15.1 percent rise in May.

China plans to extend a tax on oil, natural gas and coal output to the entire nation; the rate may vary across commodities.

China's leading cities could see prices plummet 20 percent to 30 percent, while the second and third tier cities could see declines of 10 percent to 20 percent.

Chang'an Automobile, one of China's biggest car makers said it will ink a deal on Friday with PSA Peugeot Citroen in France to set up a 50-50 joint venture.

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