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Australia has to take measures to win back China's trust: analysts

Australia's dilemma over its China policy has come to light in recent days, with Australian officials seeking to avoid potential damage to bilateral trade ties but reluctant to make any concrete moves to improve the overall diplomatic relationship.
Source: Global Times | 2018/6/7 22:43:41

Chinese culture regulators 'suspend homemade game registration' amid policy reshuffle

The Ministry of Culture and Tourism has halted the registration of domestically developed gaming products following an institutional restructuring plan of the State Council, China's cabinet, domestic news site ce.cn reported on Thursday.
Source: Global Times | 2018/6/7 22:43:40

FIFA sparks Chinese rush for night-time comforts

One week before the opening of the 2018 FIFA World Cup, consumption opportunities related to the event are burgeoning in China, with skyrocketing sales of crayfish, a popular midnight snack, and men's facial masks.
Source: Global Times | 2018/6/7 22:38:41

WeChat restores money tips for content creators in Apple devices

WeChat users who use iPhones will be able to send money to their favorite content creators once again, announced Tencent through its WeChat official account on Wednesday, ending a year-long conflict between Apple and the largest social network in China.
Source: Global Times | 2018/6/7 22:33:44

Local touch

A view of decorations in a Terracotta Warrior-themed family hotel in Xi'an, capital of Northwest China's Shaanxi Province on Wednesday. The hotel is operated by a cab driver surnamed Guo, who spent 100,000 yuan ($15,600) to decorate his 260-square-meter properties with replicas of the famous artifacts. During the holidays, he sometimes can rent out the flats for as much as 1,000 yuan per night. Photo: IC
Source: IC | 2018/6/7 22:33:41

Geely, Shell deal in Britain

Geely Auto Group and Royal Dutch Shell signed a global agreement that will lead to strategic cooperation beyond lubricants, the Xinhua News Agency reported.
Source: Global Times - Xinhua | 2018/6/7 22:23:45

2018 expected to see increase in China's bond defaults

The year of 2018 will see a rise in bond defaults in the domestic market, Wang Wei, an expert with domestic credit rating agency CCX predicted.
Source: Global Times | 2018/6/7 22:23:44

Coal plant in Vietnam

China Railway 11 Bureau Group Co, a subsidiary of State-owned China Railway Construction Corp, announced that construction officially started on Wednesday on the second phase of a coal-fired power plant in Vietnam, according to a statement on the company's official website.
Source: Global Times | 2018/6/7 22:23:44

Forex reserves down

China's foreign exchange reserves stood at $3.11 trillion in May, down $14.23 billion from a month earlier, according to data from the People's Bank of China (PBC), the country's central bank, on Thursday.
Source: Global Times - Xinhua | 2018/6/7 22:23:43

Illegal internet financing drops

China's risk management of internet finance has achieved substantial results, with many illegal institutions leaving the market and illegal business lending down 57 percent now, compared with two years ago, a senior official of the People's Bank of China (PBC) said on Thursday.
Source: Global Times | 2018/6/7 22:23:42

Technology set for fast growth

China's information and communications technology market is expected to record compound annual growth of 8.6 percent from 2016 to 2021, the Xinhua News Agency reported Thursday, citing International Data Corp (IDC).
Source: Global Times - Xinhua | 2018/6/7 22:23:42

Tencent, Geely win bid to offer Wi-Fi on trains

Tencent Holdings and carmaker Zhejiang Geely Holding Group won a joint bid Wednesday to obtain a 49 percent stake in a subsidiary of China Railway that provides Wi-Fi on high-speed trains across China, the Xinhua News Agency reported on Thursday.
Source: Xinhua-Global Times | 2018/6/7 22:23:40

Jean Jereissati: embracing green growth in China

Green development has always been a common agenda for both the government and businesses. As a leading global brewer, AB InBev is committed to a healthy natural environment and thriving communities so it can brew beers that bring people together for years to come.
Source: Global Times | 2018/6/7 19:08:40

AB InBev powers up world-class smart low-carbon Brewery

The world's leading brewer AB InBev marked World Environment Day on June 5 with the official launch of its world-class smart low-carbon brewery renewable energy project in Putian, Fujian Province.
Source: Global Times | 2018/6/7 19:03:40

China encourages more foreign investments in central, western regions

China will guide more foreign investments into central and western regions, the Ministry of Commerce said Thursday.
Source: Xinhua | 2018/6/7 18:02:54

Air China eyes destinations along B&R routes

The China-proposed Belt and Road (B&R) initiative is bringing new opportunities to flag carrier Air China in the expansion of its international network.
Source: Global Times | 2018/6/7 17:53:40

Finnair celebrates 30th anniversary in Beijing market, benefiting from opening-up

Finland's carrier Finnair celebrated its 30th anniversary in the Beijing market on June 1. The carrier said it became the first airline to connect Beijing with western Europe on June 1, 1988.
Source: Global Times | 2018/6/7 17:53:40

Air China, Air Canada sign joint venture agreement

Air China and Air Canada on Wednesday signed the first joint venture (JV) agreement between a Chinese and North American airline, deepening the two carriers' longstanding partnership.
Source: Global Times | 2018/6/7 17:53:39