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China likely to resume farm trade with US, but uncertainties persist: analyst

China has imported 20 million tons of soybeans from the US so far this year and will accelerate agricultural imports. Experts said imports of agricultural products may return to the pre-trade war level in the short run, but uncertainties persist over other aspects of the trade relationship between China and the US.
Source: Global Times | 2019/10/15 20:43:40

Huawei wins most 5G contracts in Europe

Telecoms giant Huawei Technologies has been advancing steadily in Europe, its key 5G market outside China, in spite of a murky political climate. The company has signed more than 60 5G contracts worldwide, mostly in Europe.
Source: Global Times | 2019/10/15 19:38:40

Huawei's 5G will bring about a global telecommunications revolution

As the first year of 5G in China is underway, the 5G wave is surging across the world faster than any previous era of mobile communications. According to the latest information disclosed at the 5th Huawei Asia-Pacific Innovation Day, Huawei has signed more than 50 5G commercial contracts globally, delivering more than 200,000 stations by the end of August.
Source: Global Times | 2019/10/15 15:43:40

Tesla construction speed breaks its own record

US electric carmaker Tesla has started building a battery factory in Shanghai after wrapping up construction of its Phase-1 factory complex, where the cars will be assembled, and it aims to finish the second facility more quickly.
Source: Global Times | 2019/10/14 21:13:40

China's embattled businessman Jia Yueting files for bankruptcy in US

China's heavily indebted businessman Jia Yueting, founder of Faraday Future (FF), filed for bankruptcy and restructuring under Chapter 11 of the Bankruptcy Code in the US on Sunday, Jia's Debt Project Team said.
Source: Global Times | 2019/10/14 17:20:08

Ongoing construction

A construction worker works at Lhasa Kongga International Airport's Terminal 3 in Lhasa, Southwest China's Tibet Autonomous Region over the weekend. The concrete structure of the terminal has been capped after two years' building and workers will soon begin to create walls within a steel structure. Photo: VCG
Source: VCG | 2019/10/13 22:08:41

Unemployment may surge in HK: finance chief

Hong Kong Financial Secretary Paul Chan Mo-po on Sunday warned that unemployment in the city could surge, and he promised the government will aim to support grassroots workers, as well as small and medium-sized enterprises, to hedge against a “technical recession.”
Source: Global Times | 2019/10/13 21:58:41

Beijing Daxing International Airport to balance transport, tourism functions

Beijing Daxing International Airport will balance its dual functions of being a transportation hub and tourist spot in the future, a senior official from China's air transport regulator said over the weekend.
Source: Global Times | 2019/10/13 21:46:01

ZTE, Huawei issue domestic bonds

Chinese technology giants ZTE and Huawei have announced plans to issue bonds in the Chinese mainland after the Western financing environment turned tougher.
Source: Global Times | 2019/10/13 21:33:40

China-assisted Pokhara airport takes shape

The Pokhara Regional International Airport, a major undertaking of the Belt and Road Initiative that is under construction, will propel Nepal's tourism development and bring more income for South Asian countries, a project manager said.
Source: Global Times | 2019/10/13 21:23:40

Star Market and Digital Economy Summit opens in Hebei

The Star Market and Digital Economy Summit, one of the most important forums of the China International Digital Economy Expo 2019, was held on October 10 in Zhengding, Hebei Province.
Source: Global Times | 2019/10/12 14:03:40

China driving Shenzhen's capital market reform

As China gears up to advance reform of the capital market of Shenzhen, South China's Guangdong Province, the city will play an increasingly large role in connecting the country with the world markets while also enhancing neighboring Hong Kong's position as a global financial hub, experts said on Thursday.
Source: Global Times | 2019/10/10 22:13:40

Producing export success

Workers manufacture mechanical equipment and electronic control equipment at a factory in Nantong, East China's Jiangsu Province on Thursday. The products will be exported to countries and regions along the routes of the Belt and Road Initiative including Russia, the Middle East and Western Europe. Photo: VCG
Source: VCG | 2019/10/10 21:13:41

Overseas investors eye Chinese bond market for yield advantage

The financial markets in China still offer some of the best opportunities for many overseas investors whose interest in investing in Chinese bonds and equities remain "very strong", Joyce Chang, chair of global research at J.P. Morgan said on Thursday, based on discussions the bank has had with corporate clients and institutional investors.
Source: Global Times | 2019/10/10 21:06:35

HK retains edge over Singapore despite turmoil

Singapore may temporarily benefit from Hong Kong's ongoing social unrest, but in the long run Hong Kong is still very attractive, said experts and industry practitioners. With the violent protests entering their fourth month, Hong Kong has seen some sectors of its economy weakening. This has given rise to discussion that Singapore is secretly benefiting from Hong Kong's prolonged unrest.
Source: Global Times | 2019/10/10 21:03:41

FM dismisses allegations that China manipulates US firms amid NBA controversy

China's Foreign Ministry dismissed on Thursday allegations that China is increasingly using its economic muscle to manipulate US companies and force them to abandon their values, following a controversy over how the US National Basketball Association (NBA) has handled a tweet by Houston Rockets General Manager Daryl Morey that supported the Hong Kong riots.
Source: Global Times | 2019/10/10 20:58:40

Rich list includes more faces from technology sector: Hurun report

More entrepreneurs from emerging sectors such as advanced technology, the internet and information technology showed up on the list of China's wealthiest people this year, a report issued by Hurun Research Institute showed on Thursday.
Source: Global Times | 2019/10/10 20:48:40

United Auto Workers union pushes GM to boost US auto production

The United Auto Workers (UAW) union's top negotiator in talks with General Motors Co (GM) to resolve a more than three-week strike said on Tuesday a key issue separating the two sides is job security.
Source: Reuters-Global Times | 2019/10/10 16:13:40