BUSINESS >> Economy

Jim Rogers denies visiting North Korea on Kim's invitation, but keen on investment prospects

Jim Rogers, renowned investor and chairman of Rogers Holdings, denies he will visit North Korea in March at the invitation of the country's leader, Kim Jong-un.
Source: Global Times | 2019/2/15 19:08:40

Chinese president meets US trade representative, treasury secretary

Chinese President Xi Jinping on Friday met with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, who were here for a new round of China-US high-level economic and trade consultations, at the Great Hall of the People in Beijing.
Source: Xinhua | 2019/2/15 18:43:57

Pinduoduo to subsidize brand products sales to upgrade rural shopping

Chinese social e-commerce platform Pinduoduo will spend at least 500 million yuan (73.8 million US dollars) in subsidies to support sales of brand-name products in small cities and rural areas in 2019, the company announced Friday.
Source: Xinhua | 2019/2/15 16:52:10

China, US trade talks end in Beijing, statements expected soon

Chinese and US officials concluded their latest round of trade negotiations in Beijing on Friday, with results of the talks expected soon, according to a tweet from Global Times' editor-in-chief Hu Xijin.
Source: Global Times | 2019/2/15 16:22:40

Huawei Facts webpage launched, firm vows transparency, openness in global market

Faced with growing obstacles in overseas markets in recent months, China's Huawei Technologies has not been intimidated and scaled down its global ambitions. Instead, the company has come up with more measures to become more open and transparent.
Source: Global Times | 2019/2/15 14:57:15

Xinjiang foreign trade with B&R countries rises in 2018

The foreign trade volume between northwest China's Xinjiang Uygur Autonomous Region and countries along the Belt and Road (B&R) totaled about 291.5 billion yuan (43 billion US dollars) in 2018, up 13.5 percent year on year.
Source: Xinhua | 2019/2/15 14:14:37

China to impose anti-dumping duties on chicken from Brazil

China's Ministry of Commerce (MOC) on Friday announced anti-dumping measures on imported white-feather broilers and chicken products that are originated from Brazil.
Source: Xinhua | 2019/2/15 13:53:55

Xinjiang's major cotton base reports record output in 2018

The cotton cultivation areas under the jurisdiction of the Xinjiang Production and Construction Corps (XPCC), an economic and paramilitary organization, reported a record-high production last year, local authorities said Thursday.
Source: Xinhua | 2019/2/15 13:44:25

China's producer prices up 0.1 pct in January

China's producer price index (PPI), which measures costs for goods at the factory gate, edged up 0.1 percent year on year in January, the National Bureau of Statistics (NBS) said Friday.
Source: Xinhua | 2019/2/15 13:22:28

U.S. business leaders call for engagement between U.S., China in resolving differences

The U.S. and China are the two biggest economies in the world, and they should engage with each other to solve their problems via dialogue and negotiations, Jim Wunderman, president and CEO of the Bay Area Council in San Francisco said Wednesday.
Source: Xinhua | 2019/2/15 10:27:10

China punishes 12.77 million discredited entities as of 2018

The big picture in the construction of China's social credit system via a blacklist has taken initial shape, and losing credit in one place might mean an entity is restricted in other places.
Source: Global Times | 2019/2/14 22:38:40

EU calls for fact-based solutions involving Huawei despite geopolitical pressure

A widely debated topic has been put on the table in European countries: whether to use telecoms equipment provided by Huawei Technologies? Some have called for a fact-based move regarding the Chinese company rather than yielding to political pressure from the US government.
Source: Global Times | 2019/2/14 22:23:41

Excavators 'dig gold' for Chinese economy

Excavators rumbling across China are digging a way out for the nation's continued economic growth.
Source: Global Times | 2019/2/14 21:28:40

China will increase soybean planting area this year: Ministry of Agriculture and Rural Affairs

The Ministry of Agriculture and Rural Affairs said China will expand the soybean planting area this year, although the world's largest soybean purchaser has promised to increase soybean imports from the US to help cut trade surplus with the US.
Source: Global Times - Xinhua | 2019/2/14 21:13:40

Valentines' Day sales find way into romantic hearts of Chinese online shoppers

The “romance economy” seems blossoming in China on Valentines' Day, which fell on Thursday.
Source: Global Times | 2019/2/14 20:53:42

Pirates siphon off revenue from Apple

Software pirates have hijacked technology designed by Apple Inc, to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and other popular apps on iPhones, Reuters reported.
Source: Reuters-Global Times | 2019/2/14 19:58:40

China: Let trade negotiators focus on their job

China's Foreign Ministry spokesperson suggested the top trade negotiators from the US and China be given the best convenience to focus on their job for the benefit of both countries and the global economy.
Source: Global Times | 2019/2/14 17:08:45

China: Let trade negotiators focus on their job

China's Foreign Ministry spokesperson suggested the top trade negotiators from the US and China be given the best convenience to focus on their job for the benefit of both countries and the global economy.
Source: Global Times | 2019/2/14 17:08:40