BUSINESS >> Economy

Little impact on China from US currency manipulation claims amid trade row: analysts

Recent media reports have suggested the US might label China as a currency manipulator, but even if this happens there won't be a big impact from it, Chinese analysts said on Tuesday.
Source: Global Times | 2018/10/9 23:13:40

Asia-Pacific tops FDI

The Asia-Pacific overtook North America to be the world's leading source region for foreign direct investment (FDI) in 2017, a consulting firm announced on Monday at the ongoing Dubai Investment Week Conference.
Source: Xinhua-Reuters | 2018/10/9 23:03:40

Tencent invests in Brazil

Chinese gaming and social media company Tencent Holdings paid $180 million for an undisclosed minority stake in Brazilian financial technology company Nu Pagamentos SA, both firms said on Monday.
Source: Xinhua-Reuters | 2018/10/9 22:58:42

GM sales fall in Q3

General Motors Co's quarterly sales in China fell for the first time in over a year. The US carmaker sold 835,934 vehicles in the third quarter, down a sharp 14.9 percent from a year earlier, which the company said was due to a “softening” vehicle market and issues shifting to a new engine system with its Buick brand.
Source: Xinhua-Reuters | 2018/10/9 22:58:42

Holiday box office

China's box office during the week-long National Day holiday exceeded 1.9 billion yuan ($274 million), China Film News reported Monday.
Source: Xinhua-Reuters | 2018/10/9 22:58:41

New freight train route launched from Qinghai to Russia

A new China-Europe freight train line was launched on Tuesday, linking Delingha, Northwest China's Qinghai Province, with Russia.
Source: Xinhua | 2018/10/9 22:58:41

Declining Chinese investment in Australia to hurt local economy

The decline of Chinese investment in Australia will have a negative impact on the Australian economy, especially on rising industries that benefited from good cooperation of both sides in the past, an analyst said.
Source: Global Times | 2018/10/9 22:58:40

Muji's H1 revenue in mainland market slides 0.2% as brand image ebbs

Japanese retail chain Muji's revenue in China for the fiscal first half, which ended on August 30, was down by 0.2 percent, even after the retailer reduced its selling prices in China nine times within four years.
Source: Global Times | 2018/10/9 22:58:40

China could offer India lesson in attracting foreign firms: expert

US chipmaker Qualcomm has announced plans to build a multimillion-dollar plant in India, as the country moves to learn from China's reform and opening-up measures to attract foreign investment, analysts said.
Source: Global Times | 2018/10/9 22:53:40

India needs China's help in economic catch-up

India's rapid progress in catching up with China when it comes to attracting foreign investment shows its potential to become a global economic powerhouse, but whether India will be the next China in terms of economic growth depends on many factors, and how much help and investment it gets from China may be one of the first and foremost, analysts said.
Source: Global Times | 2018/10/9 22:48:40

Railway sees more goods in demand

More than 400,000 tons of freight has traveled across the border on the meter-gauge railway connecting China and Vietnam so far this year, latest figures show.
Source: Xinhua-Global Times | 2018/10/9 20:38:40

Shanghai unveils negative list for services trade in Pilot FTZ

Shanghai municipal government on Tuesday announced a negative list for services trade in the Shanghai Pilot Free Trade Zone (FTZ), an effort to further carry out China's opening-up policy and create a sound business environment for foreign investors.
Source: Global Times | 2018/10/9 20:38:40

Japan starts exporting Hokkaido's Yumepirika rice to Chinese market: media report

Japan is scheduled to start exporting rice produced in Hokkaido to China on Tuesday, Japanese news site reported.
Source: Global Times | 2018/10/9 20:38:39

Clean energy for North China

The liquid natural gas (LNG) carrier Pan Americas carrying 67,000 tons of LNG from Hong Kong, berths at the LNG terminal in North China's Tianjin on Monday. The LNG terminal belongs to China National Offshore Oil Corp (CNOOC), one of the world's top gas importers. More than six million tons of clean energy has been delivered to North China via the terminal since it started operation in 2013. Photo: IC
Source: IC | 2018/10/9 19:58:40

China set to become advanced manufacturing power

As China beefs up efforts to transform and upgrade its manufacturing industry toward a digitized and intelligence-based model, an open and cooperative business environment is essential, said experts and executives.
Source: Global Times | 2018/10/9 19:58:40

China GDP to grow 6.2% in 2019: IMF

China should roll out more fiscal and monetary policies to minimize the negative impact of the escalating trade war with the US on its domestic economy, experts said on Tuesday.
Source: Global Times | 2018/10/9 19:48:40

Facts & Figures: A glimpse of China's economy during "Golden Week"

China's week-long National Day holiday, which ended Sunday, has triggered a tourism and consumption boom, making it a "Golden Week" for both China and other countries.
Source: Xinhua | 2018/10/9 16:39:49

Mainland stocks rebound on Tuesday after previous-day sharp slump

The two bourses in Shanghai and Shenzhen rebounded slightly on Tuesday morning after a sharp decline the previous trading day, the worst post-National Day holiday stock performance in years in China.
Source: Global Times | 2018/10/9 14:43:39