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Hot on the tracks of China-Laos railway construction

Rainy season is relatively cool in late July for the Namor District of Oudomxay Province, some 400 kilometers north of the Lao capital Vientiane, while at the Ban Konlouang Tunnel construction site inside the mountains there, Chinese workers are sweating.
Source: Xinhua-Global Times | 2019/8/6 17:23:40

China to mass produce 400km/h high-speed trains by the end of 2019

A committee of experts in China has approved a design scheme for high-speed train that could run at a speed of 400 kilometers an hour, and the train will be launched before 2022 to serve the Beijing Winter Olympic Games.
Source: Global Times | 2019/8/6 14:08:40

Flex starts to lay off employees; 'may be put on unreliable entity list' over Huawei seizure

US original equipment manufacturer Flex has reportedly started to lay off employees since it earlier detained Huawei's assets privately and was removed from Huawei's supply chain.
Source: Global Times | 2019/8/5 19:53:40

Huawei's foldable phone moves forward, but mass output still awaits

Huawei Technologies Co is supposed to put the Mate X foldable phone on the market next month, but it probably won't achieve mass production yet due to quality concerns, an industry insider said on Monday.
Source: Global Times | 2019/8/5 19:33:40

PwC's vague statement on HK situation draws criticism from Chinese public

Chinese netizens are angry at the vague statement from one of the “big four” global accounting firms, PwC, calling it the next Pocari Sweat and condemning its fence-sitting approach to dealing with the Hong Kong riot.
Source: Global Times | 2019/8/5 18:51:12

Yuan breaches 7 against the dollar

The yuan will be kept basically stable at a reasonable and equilibrium level, the People's Bank of China (PBC), the country's central bank, said Monday, defusing concerns over the yuan's slide past a key mark.
Source: Global Times | 2019/8/5 13:19:29

ZTE starts selling 5G smartphones

Chinese telecom equipment maker ZTE Corp. on Monday began the selling of 5G smartphones, the first 5G phone model that hit the market in China, the company said on its official Wechat account.
Source: Xinhua | 2019/8/5 12:43:46

Apple takes lion's share of tablet market in Q2: report

Apple Inc. continued to lead the global tablet sector, with its market share reaching 38.1 percent in the second quarter of the year, said a report.
Source: Xinhua | 2019/8/5 9:12:16

Doubts emerge about Musk's tunnel-boring plan in China

American technology entrepreneur Elon Musk's latest plan to expand his tunnel-boring project to China is meeting with skepticism about whether it's practical and economically viable.
Source: Global Times | 2019/8/4 19:53:39

Huawei smartphone with HongMeng OS goes on sale in Q4, priced at 2,000 yuan: sources

Huawei is busy testing its smartphone armed with self-developed HongMeng operating system (OS), and the phone could be put into the market at the end of this year, targeting low- and medium-end markets and priced at around 2,000 yuan ($288.24) to attract software developers and users to join the ecosystem, sources said.
Source: Global Times | 2019/8/4 15:46:15

Huawei wins bid to build 4G network in Kiev subway

Chinese tech giant Huawei announced Friday that it has won the tender to build 4G network for the metro in Ukraine's capital city Kiev.
Source: Xinhua | 2019/8/3 11:05:11

HSBC feels heat on Huawei CFO case as China draws up unreliable entity list

China's unreliable entity list is being drawn up, and any firm that violates laws and rules in the Chinese market would be investigated and dealt with in accordance with the law, the Foreign Ministry told the Global Times on Friday in response to media reports that the UK-listed HSBC would likely be blacklisted by China for helping US prosecutors charge Huawei.
Source: Global Times | 2019/8/2 22:43:54

GM reports strong North America results in Q2, weak performance in China

General Motors (GM) on Thursday reported higher overall income in the second quarter of 2019, driven by strong pickup sales in North America.
Source: Xinhua | 2019/8/2 9:27:47

China's TV maker Konka inaugurates factory in Egypt

China's leading TV manufacturer Konka Group announced here on Thursday the inauguration of its LED TV factory in Beni Suef Province, south of the Egyptian capital city.
Source: Xinhua | 2019/8/2 9:09:23

Aluminum maker China Zhongwang denies US wrongdoing allegations

Privately owned aluminum maker China Zhongwang Holdings rebuffed reports that it is related to an indictment by a federal grand jury on charges in the US, saying that the company has always strictly obeyed local laws when doing business.
Source: Global Times | 2019/8/1 21:28:40

Plugged in

Fully electric taxis are seen in Xi'an, capital of Northwest China's Shaanxi Province, on Thursday. As part of a strategy to adjust its energy structure, 200 such vehicles were added to the city's taxi fleet on Thursday. The city plans to have 6,000 fully electric taxis operating by the end of 2019. Photo: VCG
Source: VCG | 2019/8/1 20:48:41

S.China's H1 economic growth shines

Two pillar cities in the Guangdong-Hong Kong-Macao Greater Bay Area – Guangzhou and Shenzhen, both in South China's Guangdong Province – achieved robust GDP growth in the first half of the year mainly driven by active innovation and investment in strategic emerging industries.
Source: Global Times | 2019/8/1 20:28:40

Apple suppliers hit by iPhone woes

Apple's key suppliers in China are undergoing a painful transition to ease their reliance on the US technology company as iPhone sales woes erode their profitability and the ongoing China-US war casts shadows over working with an American company.
Source: Global Times | 2019/8/1 20:18:40