BUSINESS >> Economy

US coal heading for China amid new tariffs loom

At least four ships carrying US coal worth $30 million are headed to China as Beijing prepares to hit imports with hefty 25-percent tariffs, threatening a niche supply of the fuel even as China's appetite for foreign coal shows no sign of abating.
Source: Reuters-Global Times | 2018/8/9 22:13:43

Chinese solar deal falls victim to US panel review

A Chinese solar company has become the latest victim of increased scrutiny from US officials regarding Chinese investments, as the company was forced to drop its plan to purchase several US power stations.
Source: Global Times | 2018/8/9 21:43:43

China should learn from India's mature stock market: experts

A sharp contrast in the performances of the stock markets in India and the Chinese mainland in the past decade, during which Indian stocks outperformed that in the Chinese mainland, has shed light shortcomings in the domestic stock market and prompted calls in China to learn from the mature stock market system in India.
Source: Global Times | 2018/8/9 21:43:40

US fruit growers risk losing Chinese market amid rising trade tension

Tariffs imposed on fresh fruit from the US have challenged the business of that country's growers and exporters, while China's consumers have not been affected because of the small market share of US fruit and a rising number of foreign alternatives, said industry analysts.
Source: Global Times | 2018/8/9 21:18:40

Supreme Court supports Hainan FTZ

China's Supreme People's Court will provide legal services to help boost the development of the pilot free trade zone in South China's Hainan Province, including the enhancement of intellectual property protection and fair market competition, the Xinhua News Agency reported on Thursday.
Source: Global Times - Xinhua | 2018/8/9 20:23:40

China's moderate CPI, PPI provide more leeway for policymakers

Moderate consumer price index (CPI) and producer price index (PPI) growth, despite inflationary pressure in some sectors, will provide more leeway for Chinese policymakers in coping with external uncertainties, reducing corporate debt and stimulating domestic demand, experts said on Thursday.
Source: Global Times | 2018/8/9 20:08:40

Chinese company signs MOU with Laos over power grid development

China Southern Power Grid (CSG) has signed a Memorandum of Understanding (MOU) over feasibility study on cooperatively developing and building Laos' national power grid in the Lao capital Vientiane.
Source: Xinhua | 2018/8/9 20:06:19

Chinese financial institutions report net FDI inflows in Q2

China's financial institutions, including banks, insurers and securities firms, saw net investment inflows from overseas investors in the second quarter, the nation's foreign exchange regulator said Thursday.
Source: Xinhua | 2018/8/9 20:05:27

China's CPI up 2.1 pct in July

China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in July, compared with 1.9 percent for June, data from the National Bureau of Statistics (NBS) showed Thursday.
Source: Xinhua | 2018/8/9 14:00:53

China's PPI up 4.6 pct in July

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 4.6 percent year on year in July, the National Bureau of Statistics (NBS) said Thursday.
Source: Xinhua | 2018/8/9 13:59:57

A shares surge on Thursday morning thanks to CSRC's efforts to deepen reforms

Mainland stock markets surged on Thursday morning following efforts by the China Securities Regulatory Commission (CSRC) to deepen reforms in the capital market and further expand the country's opening-up.
Source: Global Times | 2018/8/9 13:28:39

China's July CPI, PPI moderate, provide more leeway for policymakers

Moderate consumer price index (CPI) and producer price index (PPI) growth will provide more leeway for Chinese policymakers in helping them focus their attention on coping with external uncertainties, reducing corporate debt and stimulating domestic demand, experts said on Thursday.
Source: Global Times | 2018/8/9 12:58:39

China decides to impose additional tariffs on 16 bln USD of US imports

China has decided to impose additional tariffs on imported products from the United States worth about 16 billion US dollars, according to an official statement released Wednesday.
Source: Xinhua | 2018/8/9 7:02:10

Persisting global freight growth slowdown concerns IATA

Data for global air freight markets showed that demand rose 2.7 percent year on year in June, continuing a slowdown for air cargo, the International Air Transport Association (IATA) said Wednesday.
Source: Xinhua | 2018/8/9 7:01:16

China decides to impose additional tariffs on 16 bln USD of US imports

China has decided to impose additional tariffs on imported products from the United States worth about 16 billion US dollars, according to an official statement released Wednesday.
Source: Xinhua | 2018/8/8 23:43:34

Germany's move to intervene in Chinese investment a sign of panic, could harm German firms

Germany's latest plan to intervene in Chinese investment shows the country is panicking about China catching up in the tech field, as Germany's technology sector has entered a bottleneck period of slowing growth, analysts said on Wednesday.
Source: Global Times | 2018/8/8 20:48:29

China ready to impose tariffs on $16 bln worth of US products

China has decided to impose a 25-percent tariff on 16 billion dollars' worth of US goods, the Customs Tariff Commission of the Chinese State Council announced on Wednesday.
Source: CGTN | 2018/8/8 20:22:01

Over 160,000 purchasers register for China's first import expo

More than 160,000 purchasers from over 80,000 domestic and foreign companies have registered for the first China International Import Expo (CIIE) as of Tuesday, its organizer said Wednesday.
Source: Xinhua | 2018/8/8 20:17:24