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China to train Ugandan military engineers for SGR construction

A team of ten Ugandan military engineers are scheduled to leave for China where they will be trained in railway construction.
Source: Xinhua | 2017/8/23 7:48:27

Thai cabinet approves design contract of Thailand-China railway project

Thai cabinet on Tuesday approved the draft design contract of the Thailand-China railway project to pave the way for the signing early next month.
Source: Xinhua | 2017/8/22 22:52:53

China, Indonesia sign deal

China and Indonesia on Tuesday signed a memorandum of understanding (MOU) for enhancing cooperation on financing for infrastructure projects, China’s Ministry of Commerce announced in a statement.
Source: Global Times - Xinhua | 2017/8/22 21:28:40

S.Korea, US launch 1st special session of KORUS FTA

South Korea and the United States on Tuesday launched the first special session of the Joint Committee under the South Korea-US Free Trade Agreement (KORUS).
Source: Xinhua | 2017/8/22 14:20:53

"Made in China" embraces new brand image

The "Made in China" label has long stood for cheap, inferior and low-end products. But today, such a perception no longer holds water.
Source: Xinhua | 2017/8/22 13:31:39

US companies may lose 700 million USD as workers watch solar eclipse

As workers put aside work and went out to watch a once-in-a-century solar eclipse on Monday, the lost productivity may cost US companies at least 694 million US dollars.
Source: Xinhua | 2017/8/22 10:47:07

Russia's top oil producer buys stake in Indian oil giant

Russia's top oil producer Rosneft, commodities trader Trafigura and United Capital Partners (UCP) investment firm have closed a deal to buy India's second-largest private refiner Essar Oil Limited (EOL), Rosneft and EOL said Monday.
Source: Xinhua | 2017/8/22 7:39:34

Beijing, Hebei to jointly develop Xiongan New Area infrastructure, public services

The development of Xiongan New Area got a fresh boost in recent days, as Beijing and North China’s Hebei Province signed an agreement to jointly support the planning of the new area.
Source: Global Times | 2017/8/21 21:38:40

China Unicom leading SOE reform

China’s mixed-ownership reform in State-owned enterprises (SOEs) has made steady progress in recent months, illustrated by China Unicom’s plan for a 78 billion yuan ($11.69 billion) stake sale involving high-profile investors including Tencent, Baidu and Alibaba.
Source: Global Times | 2017/8/21 21:38:39

China slams US over new probe

China’s Ministry of Commerce (MOFCOM) on Monday expressed strong dissatisfaction with the US’ decision to launch a Section 301 investigation against China over trade, saying that the US has disregarded the WTO’s rules and that the move is irresponsible.
Source: Global Times | 2017/8/21 21:38:39

US investigation is unilateral, irresponsible: MOFCOM

China’s Ministry of Commerce (MOFCOM) on Monday expressed strong dissatisfaction with the US’ decision to launch a Section 301 investigation against China over trade, saying that the US has disregarded the WTO’s rules and that its act is irresponsible.
Source: Global Times | 2017/8/21 16:28:39

Tokyo stocks lose ground in morning amid as tensions on Korean Peninsular weigh

Tokyo stocks lost ground Monday morning as investors became risk averse on concerns that tensions may heighten further on the Korean Peninsular on the first day of military exercises between the US and South Korea.
Source: Xinhua | 2017/8/21 13:50:13

China treasury bond futures open lower Monday

China's five-year treasury bond futures opened lower on Monday, with the contract for settlement in September 2017 opening 0.04 percent lower at 97.30 yuan (about 14.59 US dollars).
Source: Xinhua | 2017/8/21 11:50:20

Aussie dollar gains ground in weekend trading

The Australian dollar gained ground against the US currency on Monday, as speculator sentiment saw increased trading in the local currency over the weekend.
Source: Xinhua | 2017/8/21 8:54:35

NE China aims to improve business environment

Four mayors in Northeast China have called for more regional cooperation, industrial upgrading and broader implementation of free trade zones to revitalize the industrial region.
Source: Global Times | 2017/8/20 21:43:39

US probe won’t spark trade war: experts

The US decision to launch a Section 301 investigation against China over trade has renewed concerns that a trade war might break out between the world’s two largest economies, but Chinese experts on Sunday played down the scenario.
Source: Global Times | 2017/8/20 21:28:39

Nation needs more gas supply as demand booms

China’s apparent consumption of natural gas may rise 10 percent this year to 230 billion cubic meters (bcm), according to a report released at a forum on the country’s energy transition, the Xinhua News Agency reported Saturday.
Source: Global Times | 2017/8/20 20:25:48

Sino-Thai rail on track for October start

After many delays, construction of a Sino-Thai rail project should be able to start by October, Chinese experts said on Sunday, after that timeframe was suggested by Thai Ambassador to China Piriya Khempon. But the experts also warned that construction could be still hindered by factors such as political instability.
Source: Global Times | 2017/8/20 20:23:40