BUSINESS >> Economy

Overseas investors eye Chinese bond market for yield advantage

The financial markets in China still offer some of the best opportunities for many overseas investors whose interest in investing in Chinese bonds and equities remain "very strong", Joyce Chang, chair of global research at J.P. Morgan said on Thursday, based on discussions the bank has had with corporate clients and institutional investors.
Source: Global Times | 2019/10/10 21:06:35

HK retains edge over Singapore despite turmoil

Singapore may temporarily benefit from Hong Kong's ongoing social unrest, but in the long run Hong Kong is still very attractive, said experts and industry practitioners. With the violent protests entering their fourth month, Hong Kong has seen some sectors of its economy weakening. This has given rise to discussion that Singapore is secretly benefiting from Hong Kong's prolonged unrest.
Source: Global Times | 2019/10/10 21:03:41

FM dismisses allegations that China manipulates US firms amid NBA controversy

China's Foreign Ministry dismissed on Thursday allegations that China is increasingly using its economic muscle to manipulate US companies and force them to abandon their values, following a controversy over how the US National Basketball Association (NBA) has handled a tweet by Houston Rockets General Manager Daryl Morey that supported the Hong Kong riots.
Source: Global Times | 2019/10/10 20:58:40

Finance veterans fill local govt roles

Provincial governments in China are striving to attract veteran financial services executives to take vice-governor positions, a move that observers said would combat systemic financial risks and help the financial industry serve the real economy.
Source: Global Times | 2019/10/10 20:38:40

Looking for work

Job seekers look for opportunities at an employment fair in Huai'an, East China's Jiangsu Province on Thursday.
Source: Global Times | 2019/10/10 20:33:40

China-Europe freight train adds new route to Belgium

The eastern Chinese city of Yiwu, home to the world's leading small commodities market, opened a new freight train route to Belgium's Liege on Wednesday.
Source: Xinhua | 2019/10/10 7:49:36

Industry urges more measures to end violence as Hong Kong stock turnover slips

Hong Kong's financial industry, a major driver of the local economy, has stumbled amid the unrest that has swept across the city, prompting industry insiders to call for harsher measures in addition to the new anti-mask law to end violence, restore social order and rebuild market confidence.
Source: Global Times | 2019/10/9 21:48:40

US' crackdown on Chinese IPOs 'no surprise'

It is no surprise that the US would crack down on Chinese companies that plan to get listed there, as the country leverages its position as the world's No.1 economy to exclude fast-growing economies like China, a financial expert said.
Source: Global Times | 2019/10/9 21:28:40

Singapore companies seek Chinese partners

The total exhibition area of Singaporean companies at next month's China International Import Expo (CIIE) will increase by 12 percent from last year, while the number of exhibitors from Singapore will slightly rise, Singapore Business Federation Chairman Teo Siong Seng said on Wednesday.
Source: Global Times | 2019/10/9 20:46:52

China, CEECs pursue cooperation through innovation conference

China and 17 Central and Eastern European Countries (CEECs) kicked off a conference on innovation cooperation in Belgrade, Serbia.
Source: Global Times - Xinhua | 2019/10/9 19:08:40

Chinese companies important players in Japanese market

A mature business environment and good contract spirit make Japan an investment destination that favors more and more Chinese enterprises.
Source: Global Times | 2019/10/9 18:58:40

China leads emerging economies in latest global competitiveness ranking: WEF report

China is by far the best performer among the five BRICS economies in terms of competitiveness, said the World Economic Forum (WEF) Wednesday in the latest annual report assessing the productivity and long-term growth of 141 economies.
Source: Xinhua | 2019/10/9 13:53:27

US gaming firm Blizzard wins support from Chinese users after punishing esports player who supports HK riots

US gaming company Blizzard is winning more support than ever from Chinese players and netizens, after the firm announced its decision to punish an esports player who voiced support for the Hong Kong riots during a competition held by Blizzard.
Source: Global Times | 2019/10/9 12:36:22

New IMF chief says trade tensions could cut global GDP by 700 bln USD

Trade disputes are taking a toll on global economy, substantially weakening manufacturing activity and investment and holding back economic potential, Kristalina Georgieva, the new chief of the International Monetary Fund (IMF), said on Tuesday.
Source: Xinhua | 2019/10/9 11:15:11

China firmly opposes US inclusion of 28 Chinese entities in 'Entity List': MOC spokesperson

The Ministry of Commerce (MOC) on Tuesday said China firmly opposes the United States adding 28 Chinese entities to its "Entity List" and urges the US side to remove them from the list as soon as possible.
Source: Xinhua | 2019/10/9 7:28:06

US experts identify main drivers behind China's historic transformation

How did the People's Republic of China (PRC) transform itself from an impoverished country on the brink of economic collapse into the world's second largest economy in merely seven decades?
Source: Xinhua-Global Times | 2019/10/9 1:07:21

China opposes US blacklist

A US decision to blacklist 28 Chinese entities, which was announced shortly before high-level Chinese and American officials meet in Washington for a new round of trade talks, is typical of the Trump administration's trade talk tactics and showed the US was seeking to benefit by further pressuring China, Chinese experts warned on Tuesday.
Source: Global Times | 2019/10/8 23:53:40

Beijing to tackle statistical data fraud with new technologies

Beijing is introducing state-of-the-art technologies and new means of governance to ensure the authenticity, accuracy and timeliness of statistical data, a key measure of national economic growth.
Source: Global Times | 2019/10/8 22:23:40