BUSINESS >> Economy

China's CPI rose 3% in Sep, driven by soaring pork price

China's consumer price index (CPI) in September increased 3 percent year-on-year, its fastest pace for nearly six years, almost hitting the control target of around 3 percent, according to the National Bureau of Statistic (NBS) on Tuesday. Food prices, notably the price of pork, continued to rise and contributed to the rising CPI.
Source: Global Times | 2019/10/15 12:08:16

China hopes EU will continue to maintain market openness

China said on Monday that it hopes the European Union will continue to maintain investment market openness and create a fair, transparent, stable and predictable business environment for companies investing in the EU, including Chinese enterprises.
Source: Xinhua | 2019/10/15 11:40:10

Progress in US-China trade talks raises cautious optimism

China and the United States have achieved substantial progress in their lastest round of trade talks and that raises cautious optimism for an eventual deal.
Source: Xinhua | 2019/10/15 9:46:17

Silk Road Silicon Valley Summit launched in London

The Silk Road Silicon Valley Science and Technology Innovation Summit was held over the weekend at Canary Wharf in London.
Source: Global Times | 2019/10/14 22:59:48

Beijing urges EU to foster fair business environment for Chinese investors

The EU should foster a fair, transparent, stable and predictable environment for Chinese companies that invest in the bloc, Chinese Foreign Ministry spokesperson Geng Shuang said at a press conference on Monday.
Source: Global Times | 2019/10/14 21:58:40

Pork imports surge in China from Jan-Sept as companies seek profit

Pork imports by China surged in the first three quarters of 2019, which an expert said was partly due to a rush by many domestic companies to make a profit.
Source: Global Times | 2019/10/14 21:48:41

Yuan, mainland stocks rally on trade talks

The yuan rallied against the US dollar and equities in the Chinese mainland rose on Monday, following reports of "substantial progress" achieved during the latest round of trade consultations between the US and China.
Source: Global Times | 2019/10/14 21:43:41

China-US trade prospects likened to good weather: customs official

The outlook for growth in China-US trade was likened to Beijing's weather on Monday - which turned for the better after a cold and gloomy week - by a senior official with China's General Administration of Customs (GAC), citing the latest sign of progress in trade talks.
Source: Global Times | 2019/10/14 21:43:40

Tencent restores streaming of some NBA preseason games

Tencent resumed the streaming of some National Basketball Association (NBA) preseason games, after previously suspending due to Houston Rockets general manager Daryl Morey's tweet in support of the Hong Kong violent protests and riots.
Source: Global Times | 2019/10/14 20:58:45

CIIE creates more chances for enhanced China-LatAm cooperation

The upcoming second China International Import Expo (CIIE) creates new chances for Latin American countries to share in the growing Chinese market, said exporters and scholars across the region.
Source: Global Times - Xinhua | 2019/10/14 18:53:39

Q4 trade faces uncertainties but yearly performance will be stable: official

Chinese officials said that the fourth quarter of foreign trade will see a complicated environment, but the yearly performance will still be stable, backed by the optimized structure.
Source: Global Times | 2019/10/14 16:21:16

China's yuan and stock market rally alongside good trade talks

Both the Chinese yuan against the US dollar and the local stock market rallied on Monday, following "substantial progress" achieved during the latest round of trade consultations between the US and China.
Source: Global Times | 2019/10/14 14:20:24

Prospect of China-US trade will just be like sunny weather in Beijing: spokesperson of Chinese customs

The growth prospect of China-US trade was likened to Beijing's weather on Monday - which turned for the better after a cold and gloomy week - by a senior official with the General Administration of Customs (GAC), citing the latest sign of progress in trade talks.
Source: Global Times | 2019/10/14 13:50:46

Nation needs to prepare for all possible trade scenarios

Chinese analysts noted that some US elites' idea of containing China via a trade war had proven frustrating and unrealistic.
Source: Global Times | 2019/10/13 23:38:40

Ongoing construction

A construction worker works at Lhasa Kongga International Airport's Terminal 3 in Lhasa, Southwest China's Tibet Autonomous Region over the weekend. The concrete structure of the terminal has been capped after two years' building and workers will soon begin to create walls within a steel structure. Photo: VCG
Source: VCG | 2019/10/13 22:08:41

Unemployment may surge in HK: finance chief

Hong Kong Financial Secretary Paul Chan Mo-po on Sunday warned that unemployment in the city could surge, and he promised the government will aim to support grassroots workers, as well as small and medium-sized enterprises, to hedge against a “technical recession.”
Source: Global Times | 2019/10/13 21:58:41

Beijing Daxing International Airport to balance transport, tourism functions

Beijing Daxing International Airport will balance its dual functions of being a transportation hub and tourist spot in the future, a senior official from China's air transport regulator said over the weekend.
Source: Global Times | 2019/10/13 21:46:01

ZTE, Huawei issue domestic bonds

Chinese technology giants ZTE and Huawei have announced plans to issue bonds in the Chinese mainland after the Western financing environment turned tougher.
Source: Global Times | 2019/10/13 21:33:40