BUSINESS >> Economy

New WTO agreement pushes back against protectionism: New Zealand Trade Minister

A new World Trade Organization (WTO) agreement to make trade easier is a win for liberalization in the face of rising protectionism, New Zealand Trade Minister Todd McClay said Thursday.
Source: Xinhua | 2017/2/23 10:33:43

China runs a growth marathon, not a sprint

When China overtook United States as the world's top goods trader in 2013, the country's celebrations were led by Commerce Minister Gao Hucheng.
Source: Xinhua | 2017/2/23 7:59:33

Guangdong top job destination

South China's Guangdong Province has topped the list of places China's migrant workers have moved for work, followed by Beijing, Shanghai and East China's Zhejiang Province.
Source: Xinhua-Global Times | 2017/2/22 23:23:40

Cooperation with Cambodia

Cambodian and Chinese officials met in Phnom Penh, capital of Cambodia, on Wednesday to devise plans for cooperation under the framework of the China-proposed Belt and Road initiative.
Source: Xinhua-Global Times | 2017/2/22 23:23:39

B&R offers chance for US-China cooperation

The Belt and Road (B&R) initiative offers China and the US a new opportunity for cooperation, a former adviser to US President Donald Trump said in Hong Kong on Wednesday.
Source: Xinhua-Global Times | 2017/2/22 23:18:40

Quality, efficiency drive nation’s foreign trade

The US regained its position as the world's top trader in 2016, overtaking China thanks to market fluctuations and changes in the duo's comparative advantage, experts said on Wednesday.
Source: Global Times | 2017/2/22 23:13:40

Exchange of companies should not be kidnapped by politics: expert

Cooperation between China and South Korea has deepened in various industries including automotive, consumer electronics and semiconductors sectors, and enterprises from the two neighbors should continue to work together instead of being "kidnapped" by politics, experts said on Wednesday.
Source: Global Times | 2017/2/22 23:13:39

China, S.Korea business ties move forward

Cooperation between China and South Korea has deepened in various industries including automotive, consumer electronics and semiconductors sectors, and enterprises from the two neighbors should continue to work together instead of being "kidnapped" by politics, experts said on Wednesday.
Source: Global Times | 2017/2/22 20:48:39

China’s foreign trade driven by quality, efficiency: experts

The US regained its position as the world's top trader in 2016, overtaking China thanks to market fluctuations and changes in the duo's comparative advantage, experts said on Wednesday.
Source: Global Times | 2017/2/22 20:18:39

S. Korea's foreign debts fall in 2016 on soft demand for local bonds

South Korea's foreign debts declined last year as foreign investors reduced investment into local bonds, a joint announcement by the finance ministry and the central bank showed on Wednesday.
Source: Xinhua | 2017/2/22 13:51:12

Hong Kong expects surplus of 92.8 bln HKD in 2016-17

Hong Kong Financial Secretary Paul Chan Mo-po said on Wednesday that for 2016-17, he forecast a surplus of 92.8 billion HK dollars (about 11.9 billion US dollars) and expected fiscal reserves to reach 935.7 billion HK dollars by 31 March, 2017.
Source: Xinhua | 2017/2/22 13:48:11

China’s homegrown amphibious aircraft to make its maiden flight in first half of 2017

China’s homegrown AG600, the world’s largest amphibious aircraft, will make its maiden flight in the first half of 2017, the Xinhua News Agency reported Wednesday.
Source: Global Times | 2017/2/22 12:58:39

Home prices fall in about 20 cities in January

China’s housing market continued to cool in January as new home prices in 20 cities fell from the previous month, the National Bureau of Statistics (NBS) said Wednesday.
Source: Global Times | 2017/2/22 12:53:39

China to respond if US introduces border tax

China will make careful evaluations and respond accordingly if the United States unveils a detailed plan on the proposed border-adjustment tax, Commerce Minister Gao Hucheng said Tuesday.
Source: Xinhua | 2017/2/22 11:26:15

More businesses benefiting from gov't support policies: survey

More companies in China are benefiting from government's support policies, an official survey showed on Tuesday, as the business environment improves.
Source: Xinhua | 2017/2/22 9:29:32

Pension funds of seven Chinese regions entrusted for investment

Seven Chinese provincial-level regions, including Beijing and Shanghai, have started entrusting their pension funds to the National Council for Social Security Fund (NCSSF) for investment.
Source: Xinhua | 2017/2/22 9:27:55

DPRK coal ban to have limited domestic effect

Domestic steel mills may struggle to find an alternative foreign supplier of anthracites following China’s ban on coal imports from North Korea. Still, the impact on the domestic coal sector is expected to be limited, as North Korea’s anthracites imports account for only 5 percent of the country’s total supply and demand for its products is shrinking, experts said.
Source: Global Times | 2017/2/21 23:23:40

Mechanics of 'Trump Bump': Wall Street outpaces real economy

Recent improvements in US economic sentiment stem from the expectations of positive effects of Trumponomics, whilst the real economy still faces downward risks produced by the legacy of the economic policies of the past White House administration.
Source: sputniknews.com | 2017/2/21 23:15:50