BIZ

Shanghai-London Stock Connect goes live


The long-awaited Shanghai-London Stock Connect went live on Monday afternoon (Beijing time), enabling British companies to raise funds in Shanghai and vice versa.


Shanghai-London Stock Connect goes live

The long-awaited Shanghai-London Stock Connect went live on Monday afternoon (Beijing time), enabling British companies to raise funds in Shanghai and vice versa.
Source: Global Times | 2019/6/17 22:34:11

Work on transportation artery Sichuan-Tibet Railway making progress

Construction work on the final section of the Sichuan-Tibet Railway will start shortly, said Southwest China's Sichuan Province Party chief during a press conference at the State Council Information Office (SCIO) on Monday. Analysts said the railway will serve as a major transportation artery linking China and South Asia.
Source: VCG | 2019/6/17 22:23:40

Huawei won't be beaten to death: Ren Zhengfei

Huawei, the world's 5G technology leader, will not be "beaten to death" by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-technology company, said Ren Zhengfei, Huawei's founder and chief executive officer.
Source: Global Times | 2019/6/17 22:13:41

Controversy over UBS pig comment likely to ferment

Zurich-based UBS is likely to encounter more setbacks in the Chinese market as its measures involving its chief economist Paul Donovan are not "thorough," analysts told the Global Times on Monday.
Source: Global Times | 2019/6/17 22:08:40

China to tame illegal rare-earth exports, mulls tracking system

China has vowed to impose stern export restrictions on its rare-earth resources and may introduce a tracking mechanism for the rare-earth industry to ensure export compliance, an official said on Monday.
Source: Global Times | 2019/6/17 22:08:40

US homes lose appeal as tension mounts

US residential real estate, the most appealing overseas investment item among Chinese investors in recent years, is increasingly being shunned as bilateral trade tensions build. US real estate is being transformed from a stable, appreciating asset into a risky class of investment in Chinese eyes, after the US started a trade war against China.
Source: Global Times | 2019/6/17 19:58:39

Appointment of Google's new Greater China head reflects its interest in the Chinese market

US search engine giant Google has appointed Chen Junting (Stanley Chen) as its managing director of Greater China, in charge of sales and operations, a move that signals the US tech giant attaches rising importance to the Chinese market in spite of the ongoing US-led tech cold war, industry analysts said.
Source: Global Times | 2019/6/17 19:53:39

China-Russia economic, trade index reflects stronger bilateral relationship

The first China-Russia (Harbin) economic and trade index was released Sunday in Harbin, capital of Northeast China's Heilongjiang Province, according to the Xinhua News Agency.
Source: Global Times | 2019/6/17 19:48:40

Chinese nuclear power plants open up to public to prove confidence in safety

No nuclear events above Level 2 on the International Nuclear Event Scale has ever occurred in China
Source: Global Times | 2019/6/17 18:53:40

AI, drone technology transform China's agri-business, launching it into the future of modern farming

The Chinese farmers' traditional working scene, which usually featured a sweaty vest and chapped hands is gradually being converted by the country's technological advancements in relation to artificial intelligence (AI), cloud computing and a series of improvements in infrastructure.
Source: Global Times | 2019/6/17 18:18:39

Poor credit records get 14.09m people blacklisted: report

A total of 14.09 million people had been blacklisted for bad credit records in China as of May, chinanews.com reported Monday, citing the National Development and Reform Commission (NDRC), China's top economic planner.
Source: Global Times | 2019/6/17 18:08:40

Foxconn refutes rumors about plan to leave the Chinese mainland

Foxconn Technology Group, a major contractor of the world's digital devices, denied rumors it was going to leave the Chinese mainland and move to other markets.
Source: Global Times | 2019/6/17 17:33:39

Huawei fully prepared for US government ban, will not be 'beaten to death'

Huawei, the world's 5G technology leader, will not be “beaten to death” by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-tech company, said Ren Zhengfei, Huawei's founder and chief executive officer.
Source: Global Times | 2019/6/17 17:03:56