BUSINESS >> Economy

China's trade surplus shrinks in first five months

China's trade surplus shrank markedly in the first five months of this year, data from the Ministry of Commerce (MOC) showed.
Source: Xinhua | 2018/6/22 20:44:40

Chinese shares mildly rebound Friday

Chinese stocks mildly rebounded Friday, with the benchmark Shanghai Composite Index up 0.49 percent to end at 2,889.76 points.
Source: Xinhua | 2018/6/22 18:01:46

China imposes anti-dumping measures on styrene imported from three sources

China's Ministry of Commerce will impose anti-dumping measures on imported styrene from three sources including the US, South Korea and the Taiwan region, starting from Saturday.
Source: CGTN | 2018/6/22 14:11:45

India retaliates by rising tariffs on goods imported from US

India has decided to hike customs duty on around 29 goods imported from the United States, including Bengal gram, lentils, artemia (shrimp) etc., in retaliation to US' recent decision to hike duty on steel and aluminium products which had tariff implication to the extent of 241 million US dollars on India, said a notification issued by the country's finance ministry Wednesday.
Source: Xinhua | 2018/6/22 10:19:30

China fully prepared for new US tariff list: official

China is fully prepared to take multiple measures, including quantitative and qualitative tools, to respond if the United States comes up with a new tariff list to adopt trade-distorting practices, a commerce official said Thursday.
Source: Xinhua | 2018/6/22 9:56:18

Chinese companies to invest $25m in Israeli innovation start-ups

A second competition for Israeli start-ups to win Chinese investment for conducting innovative projects will be held on August 27 in Israel, local media reports say.
Source: Xinhua | 2018/6/22 0:03:42

Chinese firms to replicate success in India amid warming ties

India is the next land of possibility for Chinese companies hoping to replicate their success abroad, but they need to find new business models to survive, experts said Thursday.
Source: Global Times | 2018/6/21 21:48:40

Starbucks opens Yunnan store

US coffee giant Starbucks opened its first outlet in Pu'er City in Southwest China's Yunnan Province on Thursday, placing the coffee chain close to China's largest coffee production base.
Source: Xinhua-Global Times | 2018/6/21 20:43:44

Daimler profit hit

German luxury carmaker Daimler cut its 2018 profit forecast, blaming a trade war between China and the US and stricter pollution targets, sparking fears of a wave of earnings downgrades across the industry.
Source: Xinhua-Global Times | 2018/6/21 20:43:43

Cambodia-China trade reaches $5.8b in 2017

Trade volume between Cambodia and China was valued at $5.8 billion in 2017, up 22 percent from $4.76 billion a year earlier, Cambodian Minister of Commerce Pan Sorasak said on Thursday.
Source: Xinhua-Global Times | 2018/6/21 20:43:42

Beijing to host 7th China-EU economic and trade dialogue

China's Ministry of Commerce (MOFCOM) said on Thursday that the 7th China-EU High-level Economic and Trade Dialogue will be held in Beijing on June 25.
Source: Xinhua-Global Times | 2018/6/21 20:43:42

China to unveil new financial measures

China's newly unveiled financial measures to ease credit strain on small- and micro-sized businesses (SMBs) are necessary for their development, experts said.
Source: Agencies-Global Times | 2018/6/21 20:43:41

S.Korea's deficit in services trade with US hits record high in 2017

South Korea's deficit in services trade with the United States hit a record high last year, with surplus in goods trade with the world's largest economy falling to a five-year low, central bank data showed Thursday.
Source: Xinhua | 2018/6/21 17:40:50

China to host 7th China-EU High-level Economic and Trade Dialogue

China's Ministry of Commerce (MOC) said on Thursday that the 7th China-EU High-level Economic and Trade Dialogue will be held in Beijing on June 25.
Source: Xinhua | 2018/6/21 17:39:42

Chinese company starts testing Mecca Light Rail for upcoming Hajj pilgrimage

China Railway Construction Corporation Limited (CRCC) started on Wednesday the testing of the Mecca Light Rail in preparation for Hajj pilgrimage in August when millions of pilgrims will head to the holiest city in Islam.
Source: Agencies | 2018/6/21 15:50:56

456 contracts signed at 5th China-South Asia Expo

A total of 456 contracts involving more a total of more than 800 billion yuan (123.6 billion US dollars) have been signed during the fifth China-South Asia Expo that concluded Wednesday in southwest China's Yunnan Province.
Source: Xinhua | 2018/6/21 12:37:29

Chinese enterprises favor greenfield investment in US: survey

Greenfield investment is the most common initial structure for Chinese investors in the United States, according to a business report released Wednesday.
Source: Xinhua | 2018/6/21 9:53:56

Top legislature hears reports on 2017 final accounts, audit work

China's top legislature Wednesday heard a report on the central government's final accounts and an audit report for 2017 at a plenary meeting of its ongoing bimonthly session, which runs Tuesday to Friday.
Source: Xinhua | 2018/6/21 9:20:55