BUSINESS >> Economy

Fast-moving customer goods market stays robust amid evolving social and retail landscape

Emily Li, a 31-year-old financial professional in Beijing, spent over 4,000 yuan ($582.2), about one fifth of her monthly salary, on cosmetics products during the recently-concluded mid-year online shopping festival.
Source: Xinhua | 2019/6/23 18:08:40

Transition to consumer economy offers more investment opportunities: senior investors

Chinese ongoing efforts to transform itself from an export-oriented economy toward a consumption-based one would offer great investment opportunities for international investors, according to senior investment advisors.
Source: Xinhua | 2019/6/23 18:08:39

Chinese export firms reposition themselves against trade headwinds

Caught in an uncertain trade environment where tariff hike threats are yet to be defused, Chinese firms have started to fine-tune their business plans for more predictable growth.
Source: Xinhua | 2019/6/23 18:03:39

Huawei sues US Commerce Department for equipment seizure

China's tech giant Huawei filed a lawsuit on Friday against the US Department of Commerce over its unlawful seizure of Huawei's telecommunication gear shipped to the United States for a testing.
Source: Xinhua | 2019/6/23 10:54:00

Prolonged trade tension takes toll on US, says British economist

Prolonged trade tension takes its toll on the United States and will hurt more severely in the future, said John Ross, former director of economic and business policy of London.
Source: Xinhua | 2019/6/23 10:19:48

China CITIC Bank launches first overseas branch in London

China CITIC Bank launched its first overseas branch in London on Friday.
Source: Xinhua | 2019/6/23 10:03:41

China's transition to consumer economy makes it more investable: senior investors

Chinese ongoing efforts to transform itself from an export-oriented economy toward a consumption-based one would offer great investment opportunities for international investors, according to senior investment advisors.
Source: Xinhua | 2019/6/23 9:33:29

China's pilot free trade zones attract 40,000 foreign enterprises: report

China's 12 pilot free trade zones (FTZ) have attracted nearly 40,000 foreign enterprises since the first was established in Shanghai over five years ago, a new report showed.
Source: Xinhua | 2019/6/23 9:25:15

Chinese export firms reposition themselves against trade headwinds

Caught in an uncertain trade environment where tariff hike threats are yet to be defused, Chinese firms have started to fine-tune their business plans for more predictable growth.
Source: Xinhua | 2019/6/23 7:49:45

HK poised to build international innovation center

China's Hong Kong Special Administrative Region (SAR) is taking multiple measures to promote the development of science and technologies, with the planning of Guangdong-Hong Kong-Macao Greater Bay Area (GBA) becoming a new driving force.
Source: CGTN | 2019/6/22 13:35:41

America's gateway for trans-Pacific trade impacted by China-US trade disputes

The uncertainty of China-US trade disputes, which could be prolonged if the White House imposed new tariffs on goods imported from China as threatened, will hit hard the California twin ports of Los Angeles and Long Beach, America's gateway for trans-Pacific trade.
Source: Xinhua | 2019/6/22 13:08:26

Chinese export firms reposition themselves against trade headwinds

Caught in an uncertain trade environment where tariff hike threats are yet to be defused, Chinese firms have started to fine-tune their business plans for more predictable growth.
Source: Xinhua | 2019/6/22 12:22:46

Tech companies say tariffs cripple rather than encourage US innovation

On tenterhooks is Colin Angle, co-founder of leading US home robots maker iRobot, who called now "a critical time" for the consumer robotics industry as he strongly opposed imposition of a potential new round of additional tariffs on Chinese imports here.
Source: Xinhua | 2019/6/22 12:10:23

Trade frictions should be resolved through dialogue: Morocco's former trade minister

Trade frictions between the United States and China should be resolved through dialogue and consultation, former Moroccan Minister of External Trade Abdellatif Maazouz has said.
Source: Xinhua | 2019/6/22 11:13:25

Foreign firms always welcome to share opportunities of China's development: spokesperson

China as always welcomes foreign enterprises to invest and start businesses in order to share its development opportunities, a Chinese Foreign Ministry spokesperson said on Friday, after US motorcycle maker Harley-Davidson's recent China deal.
Source: Xinhua | 2019/6/22 8:43:11

Additional China tariffs to stifle US economy, says business advocacy group

A proposed new round of tariffs on some 300 billion US dollars in goods from China, if effectively implemented, would stifle the US economy, a business advocacy group has said.
Source: Xinhua | 2019/6/22 8:11:39

American firms challenge govt agencies at hearings

Acting against the people's will by considering more tariffs in the escalating trade war will eventually make the US' own economy miserable.
Source: Global Times | 2019/6/21 21:58:40

Huawei unveils new chipset, ships 100 million smartphones globally

Huawei has not been deterred by US sanctions, as the company announced on Friday that it has shipped 100 million smartphones worldwide this year as of May 30 and unveiled the latest self-developed 7-nanometer (nm) chipset.
Source: Global Times | 2019/6/21 21:24:15