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Chinese court's app to scan neighbors' debt sparks controversy

A court in North China's Hebei Province has launched an app to help local residents find indebted citizens by scanning WeChat, a move which some say enhances the social credit system but also raises concerns over privacy.
Source: Global Times | 2019/1/23 23:53:40

Public vents anger over Baidu search results

Chinese internet users complained about the country's search engine giant Baidu on Wednesday, claiming that a large proportion of Baidu's own products and services appear in search results on its website and calling for Google's return to the Chinese mainland market.
Source: Global Times | 2019/1/23 22:43:40

Hongqi sales spike

Hongqi, a brand under China's leading automaker FAW Group, sold 33,028 cars in 2018, up 602 percent year-on-year, FAW Group said on Wednesday.
Source: Xinhua | 2019/1/23 22:38:40

Vehicle-to-grid drive may power cars for free

Ever wanted to run your electric car for free? If you're open to a bit of give and take, then stay plugged in and your wishes might come true. At least that's what some European power companies and Japanese carmakers believe.
Source: Reuters-Global Times | 2019/1/23 17:18:40

Stock price of Qingdao Port maintains rally for three days after its debut in A-share market

The stock price of Qingdao Port International Co, operator of the world's seventh busiest port by shipping volume, has maintained the rally for three days after it made its debut in A-share market on Monday.
Source: Global Times | 2019/1/23 15:27:26

State-owned oil majors increase efforts in oil/gas exploration

China's three State-owned oil giants are increasing their efforts in oil and gas exploration as a way of reducing China's reliance on overseas oil and gas imports, the Shanghai Securities News reported on Wednesday.
Source: Global Times | 2019/1/23 13:43:02

Chinese firm to help Ghana better develop forest resources

China National Electronics Import & Export Corporation (CEIEC) and the Forestry Commission of Ghana signed a memorandum of understanding (MOU) on Tuesday to strengthen their cooperation in forest resource development.
Source: Xinhua | 2019/1/23 8:54:15

Chinese nuclear firm denies changing strategy in the UK to allay national concerns

China General Nuclear Power Corp (CGN) on Tuesday denied rumors that it has been in talks with Rolls-Royce over supplying equipment for a nuclear power plant the Chinese company is building in the UK to allay national security concerns, saying it has not changed its strategies.
Source: Global Times | 2019/1/22 22:26:14

Shanghai aims to be global financial center by 2020

China announced an action plan on Tuesday in a bid to transform Shanghai into an international financial center by 2020.
Source: Global Times | 2019/1/22 22:18:41

France urged to clarify attitude about Huawei

France should clarify its attitude toward Huawei, since being unclear will not only increase the cost but also delay the pace of building the 5G network in the country, analysts said.
Source: Global Times | 2019/1/22 22:18:40

India, China to boost agricultural deals

India and China are jointly ramping up efforts to trade more farm products from tobacco to rapeseed meal, which analysts said can be an effective way to solve the trade gap between the two Asian economies.
Source: Global Times | 2019/1/22 22:13:40

Foxconn aims to recruit 50,000 employees

Foxconn said on Tuesday that it is still looking to fill more than 50,000 job vacancies in the Chinese mainland in the first quarter of this year.
Source: Global Times | 2019/1/22 21:22:04

Tesla gets battery quotes

Tesla Inc said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory, but it had not signed any agreement with the Chinese company.
Source: Reuters | 2019/1/22 21:13:40

France's reported block of Huawei is "almost a scandal"

France's reported intention to block out Chinese telecommunications giant Huawei, by empowering its security and defence watchdogs is "almost a scandal" and "very unfair", a domestic economist told the Global Times on Tuesday.
Source: Global Times | 2019/1/22 16:28:39

CFLD sees comprehensive sales growth

China Fortune Land Development Co, Ltd (CFLD) issued a business brief on Wednesday, detailing that the overall contracted sales of CFLD totaled 163.47 billion yuan, and the performance maintained a steady growth.
Source: Global Times | 2019/1/22 16:08:39

Chinese giant inks 445-mln-USD deal with Algeria's Sonatrach

China Harbor Engineering Company (CHEC) signed on Monday in Algiers a contract worth 445 million US dollars with state-owned corporation Sonatrach for port installations in eastern Algeria, APS news agency reported.
Source: Xinhua | 2019/1/22 8:17:03

International hotel groups accelerate expansion in China

China's domestic hospitality industry has seen a consistent growth and rising consumption in recent years, providing international five-star hotels the opportunities for further expansion in the Chinese market.
Source: Global Times | 2019/1/21 16:58:39

Pinduoduo denies rumors that program bug costs company $2.95 billion

Chinese social e-commerce platform Pinduoduo denied on Sunday a market rumor that a program bug had caused the company to lose 20 billion yuan ($2.95 billion).
Source: Global Times | 2019/1/20 22:34:19