BUSINESS >> Economy

China dismisses US claims

China on Sunday dismissed US claims that Beijing is to blame for its trade deficit, saying that the US has overstated the trade deficit with China and that US restrictions on certain exports to China have contributed to the deficit.
Source: Global Times | 2018/3/11 20:23:39

China doesn't want trade war with US: commerce minister

China doesn't want a trade war with the United States and will not start one, but can handle any related challenges and will defend national and Chinese people's interests,Minister of Commerce Zhong Shan said Sunday.
Source: Xinhua | 2018/3/11 13:59:35

US-China trade deficit figure overestimated by about 20 pct: commerce minister

Different statistical methods widen U.S. trade deficit with China by around 20 percent, Chinese commerce minister said Sunday.
Source: Xinhua | 2018/3/11 13:48:19

China welcomes Japan to participate in Belt and Road Initiative

China welcomes Japan's participation in the Belt and Road Initiative, Commerce Minister Zhong Shan said here Sunday.
Source: Xinhua | 2018/3/11 13:37:10

China's first import expo booths overbooked: commerce minister

The booth area for the first China International Import Expo slated for November in Shanghai has been overbooked by 20 percent, Chinese Commerce Minister Zhong Shan said Sunday.
Source: Xinhua | 2018/3/11 13:23:19

China's commerce minister unveils roadmap to upgrade foreign trade

China has formulated six major tasks and eight action plans to promote high-quality development of economics and trade in the coming five years, Commerce Minister Zhong Shan said Sunday.
Source: Xinhua | 2018/3/11 12:53:19

Chinese yuan ready for greater global role

As China plans to further open up its market and promote free global trade and investment, the yuan is expected to play a greater global role.
Source: Xinhua | 2018/3/11 7:54:41

No immediate clarity on exact US exemption procedure on steel tariffs: EU trade chief

There is no immediate clarity on the exact US procedure for the exemption from steel and aluminum tariffs, and discussions will continue next week, EU's Trade Commissioner Cecilia Malmstrom tweeted on Saturday after a trilateral meeting with her US and Japanese counterparts in Brussels.
Source: Xinhua | 2018/3/11 7:05:18

China offers huge market potential for US energy efficiency companies: expert

Being the world's largest building construction market, China can offer many business opportunities for American companies specialized in energy efficiency, a US industry expert has said.
Source: Xinhua | 2018/3/10 13:57:38

Curbing financial risk remains central task in China

It has been ten years since a global financial crisis swept the world's major economies. While a global recovery is finally underway, the world's second largest economy is staying alert against systemic financial risks.
Source: Xinhua | 2018/3/10 0:21:42

Chinese banks to expand globally as financial market opens up: official

Opening up the Chinese financial market also includes the global expansion of domestic financial institutions, China's top bank official said on Friday.
Source: Global Times | 2018/3/9 22:08:40

China's aluminum industry association slams US tariffs

The China Nonferrous Metals Industry Association (CNIA) on Friday expressed strong opposition to the US' move to impose a 10 percent tariff on aluminum imports.
Source: Global Times | 2018/3/9 17:38:39

China's PPI up 3.7 pct in February

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 3.7 percent year on year in February, the National Bureau of Statistics said Friday.
Source: Xinhua | 2018/3/9 14:30:22

China not in hurry to develop digital currency: central bank governor

China is in no hurry in developing a digital currency, Zhou Xiaochuan, the country's central bank governor, said here Friday.
Source: Xinhua | 2018/3/9 14:06:34

China's forex reserves to keep basically stable: central bank

Economic fundamentals and a stable yuan will keep China's foreign exchange reserves basically stable, a central bank official said.
Source: Xinhua | 2018/3/9 14:05:08

China's financial risks in property market under control: central bank

Financial risks in China's property market is controllable as the country has taken a string of prudential regulation policies, a central bank official said Friday.
Source: Xinhua | 2018/3/9 14:04:30

China will take effective measure to protect its legitimate rights and interests: MOFCOM

China will take effective measures to firmly safeguard its legitimate rights and interests, on the basis of evaluating China's loss brought about by the US move, a Chinese Ministry of Commerce official said on Friday, responding to the US move to impose tariffs on steel and aluminum imports.
Source: Global Times | 2018/3/9 13:16:39

China to be bolder in opening up financial sector: central bank governor

China will be bolder in the opening up of its financial sector, Zhou Xiaochuan, the country's central bank governor, said here Friday.
Source: Xinhua | 2018/3/9 11:27:31