BUSINESS >> Economy

US concerns over Chinese telecoms presence in LatAm 'have little impact': analysts

Raising concerns over Chinese telecoms companies' operations in Latin America is useless, as the companies don't have technical control over user data, and a recent US report will have a limited influence on the situation, a Chinese industry expert said on Thursday.
Source: Global Times | 2018/10/18 21:23:41

US departure from UN postal union latest example of unilateralism

The US has started the process of withdrawing from a 144-year-old international postal body, a move that experts said is the latest example of short-sighted and narrow-minded unilateralism by the US, and a typical case of bullying to override the interests of the international community.
Source: Global Times | 2018/10/18 21:13:40

Huawei Mate 20 features innovation, AI capabilities

The newly-unveiled high-end Huawei Mate 20 features the latest mobile advances in processing, artificial intelligence (AI) capabilities, battery and memory card, which showed that the Chinese tech firm is getting closer to foreign rivals such as Apple and Samsung.
Source: Global Times | 2018/10/18 18:33:40

Chinese, Dutch firms ink massive commercial deals for innovation

Chinese and Dutch companies inked a number of deals during Chinese Premier Li Keqiang's visit to the Netherlands this week, including a deal to set up a plant in China to boost the country's new-energy ambitions.
Source: Global Times | 2018/10/18 18:28:40

World producers aspire for greater opportunities from CIIE

While bracing for the first China International Import Expo (CIIE), worldwide participants including officials and company leaders are actively edging the competitiveness of their exhibits or products.
Source: Xinhua | 2018/10/18 14:58:15

ADB, International Finance Corporation expect greater cooperation

The Asian Development Bank (ADB) and the International Finance Corporation (IFC) reaffirmed on Wednesday the strong and productive partnership between their institutions, and explored ways of stepping up cooperation as ADB expanded private sector operations under its long-term Strategy 2030.
Source: Xinhua | 2018/10/18 14:17:50

Economies must increase productivity, strengthen inclusive growth: APEC finance ministers

A joint statement from Asia-Pacific Economic Cooperation (APEC) finance ministers has warned that downside risks for global economy have risen in the past six months.
Source: Xinhua | 2018/10/18 13:34:56

US, Chinese think tanks sign MOU on green finance

US Paulson Institute on Wednesday signed a strategic cooperation agreement with the Center for Finance and Development of the National Institute of Financial Research at China's Tsinghua University with regard to green finance.
Source: Xinhua | 2018/10/18 10:32:56

U.S. Treasury says no major trading partner manipulates currency

The U.S. Treasury Department said on Wednesday that no major trading partner of the United States manipulated its currency.
Source: Xinhua | 2018/10/18 10:16:11

Chinese, Dutch firms ink massive deals

Chinese and Dutch companies inked a number of deals during Chinese Premier Li Keqiang's visit to the Netherlands this week, including a deal to set up a plant in China to boost the country's new-energy ambitions.
Source: Global Times | 2018/10/18 0:26:26

China should focus on deepening reforms to stabilize economy amid trade disputes

China should view the current Sino-US trade disputes as an opportunity to press domestic reforms, rather than focus on retaliation, experts said on Wednesday.
Source: Global Times | 2018/10/17 22:53:41

Tesla gets land for Shanghai factory in 'solid step' toward production

US electric car producer Telsa Inc has acquired a site in Shanghai for a factory only three months after signing a deal with city authorities, the company said.
Source: Global Times | 2018/10/17 22:13:40

China's reduction in US Treasury holdings to be normal in coming months: analysts

A reduction by China in holdings of US Treasury securities may become normal in the next few months as the country strives to prevent potential risks in the markets amid the ongoing trade war with the US, experts told the Global Times Wednesday.
Source: Global Times | 2018/10/17 22:08:40

Carrefour, JD Daojia deal

China's on-demand logistics e-commerce platform, Dada-JD Daojia, announced on Wednesday a strategic collaboration with French retail giant Carrefour.
Source: Global Times | 2018/10/17 21:38:41

Record visits to Canada

Canada received a record number of Chinese tourists in 2017, and it is expected to welcome more than 760,000 travelers from China this year, according to a note sent to the Global Times on Wednesday, after the Showcase Canada 2018 was held in Beijing.
Source: Global Times | 2018/10/17 21:38:40

CNOOC's LNG contract

China National Offshore Oil Corp (CNOOC) has signed a liquid natural gas (LNG) supplementary agreement with Total SA, a French multinational integrated oil and gas company, domestic news site thepaper.com reported.
Source: Global Times | 2018/10/17 21:33:43

Wanda denies Sunac takeover

Commercial property company Wanda Group on Wednesday denied that Sunac China would take over its cultural tourism business, claiming that it would continue to invest in the sector because of its good prospects.
Source: Global Times | 2018/10/17 21:33:42

China-US snow sports cooperation unimpeded by trade war: insider

China-US cooperation in snow and ice sports is a rare breath of fresh air amid the ongoing bilateral trade war, a Chinese industry expert said on Wednesday, after a meeting between Beijing Mayor Chen Jining and US Burton Snowboards founder Jake Burton Carpenter.
Source: Global Times | 2018/10/17 21:28:40