BUSINESS >> Economy

RYB Education struggles to get past scandal

Things may be turning in a more positive direction for RYB Education Inc, which has been embroiled in a child abuse scandal at one of its kindergartens in Beijing that sparked nationwide anger and rattled its share price on Wall Street.
Source: Global Times | 2017/11/29 21:53:40

End of the cycle

The headquarters of bike-sharing service provider Xiaoming Bike is seen to be empty in Hangzhou, East China's Zhejiang Province, on Tuesday.
Source: VCG | 2017/11/29 21:53:39

MOFCOM says US probe is protectionism

China's Ministry of Commerce (MOFCOM) on Wednesday expressed “strong dissatisfaction” with US anti-dumping and anti-subsidy duty investigations into aluminum imports from China, saying that the US move is an example of protectionism.
Source: Xinhua-Global Times | 2017/11/29 21:38:39

Figuratively Speaking

240b yuan Funds China's central bank injected into the market via open market operations on Wednesday.
Source: Global Times | 2017/11/29 21:33:40

Industrial tourism boost

China aims to develop its industrial tourism sector, with plans to build 100 such tourism bases at the national level by 2020.
Source: Xinhua | 2017/11/29 21:33:40

Foreign firms concerned over Party building

Foreign firms have to learn the rules of doing business in China and should not ideologize corporate activities, as long as the development of branches of the Communist Party of China (CPC) does not interfere with their business management, experts said on Wednesday.
Source: Global Times | 2017/11/29 21:33:39

Georgia holds B&R Forum

The Tbilisi Belt & Road Forum 2017 kicked off Tuesday, with Georgian Prime Minister Giorgi Kvirikashvili saying the forum aims to explore opportunities stemming from the China-proposed Belt and Road (B&R) initiative.
Source: Xinhua | 2017/11/29 21:28:40

Sino-Russia trade gets bigger, better

Bilateral trade between China and Russia has been rising in recent years both in quality and quantity, boosted by the two governments' efforts to achieve closer economic ties, according to experts. However, there is further scope for growth, they added.
Source: Global Times | 2017/11/29 21:23:39

China Port Machine

On November 3, the cutter suction dredger TIANKUN was launched in Qingdong, Jiangsu. 140 meters' long, 27.8 meters' wide and equipped with a 25843KW engine, the machine can excavate maximally 35 meters deep and dredge 6000 cubic meter standardly, which makes it the Asia biggest.
Source: Global Times | 2017/11/29 17:48:40

China strongly dissatisfied with US anti-dumping probes

China's Ministry of Commerce (MOC) on Wednesday expressed strong dissatisfaction with the latest US anti-dumping probes on Chinese general aluminum alloy sheets exported to the country.
Source: Xinhua | 2017/11/29 17:43:17

US launches anti-dumping investigations against Chinese aluminum products using rarely-used tactic

The US Commerce Department on Tuesday launched anti-dumping and anti-subsidy duty investigations into Chinese aluminum products using a rarely-used "self-initiation" tactic, despite worries about potential harm to China-US trade ties.
Source: Xinhua | 2017/11/29 14:41:01

US consumer confidence remains at 17-year high in November

US consumer confidence surged to a new 17-year high in November, driven by lowering unemployment rate and stronger economic growth, said the Conference Board on Tuesday.
Source: Xinhua | 2017/11/29 9:05:57

First RMB-denominated climate bond issued by Chinese bank listed in Paris

The first RMB-denominated climate bond issued by a Chinese bank was listed Tuesday on the Euronext stock exchange here.
Source: Xinhua | 2017/11/29 9:01:58

US tax reform unlikely to generate more economic growth: study

The Republican tax reform bill under consideration is unlikely to generate more than 0.1 percent points of increased growth per year, and over the long run it may actually slow the US economic growth, showed a study of a bipartisan, independent public policy organization.
Source: Xinhua | 2017/11/29 8:49:06

Sino-Hungarian ties strengthened

The economic cooperation and bilateral trade between China and Hungary have been boosted over recent years and new opportunities will emerge under the China proposed Belt and Road (B&R) initiative and the Hungarian “opening to the East” policy, officials and executives have said.
Source: Global Times | 2017/11/28 21:43:39

Hengfeng Bank boss investigated

Cai Guohua, chairman of Hengfeng Bank, is currently under investigation for serious violations of laws and discipline, the Xinhua News Agency reported on Tuesday.
Source: Global Times | 2017/11/28 21:28:41

China-Georgia FTA to take effect

The China-Georgia Free Trade Agreement will take effect on January 1, 2018, according to a post on the website of China's Ministry of Commerce (MOFCOM) on Tuesday.
Source: Global Times | 2017/11/28 21:28:40

Guangzhou-Shenzhen-Hong Kong rail link to run 114 daily trains at early stage

Chen Fan, director of Hong Kong's Transport and Housing Bureau, said on Monday that the Guangzhou-Shenzhen-Hong Kong Express Rail Link's Hong Kong section will run 114 trains daily in the early peak days after the rail link starts operation, according to media reports.
Source: Global Times | 2017/11/28 21:28:40