BUSINESS >> Economy

China launches demo zone for China-CEEC trade cooperation

China has officially launched a demonstration zone in east China's Zhejiang Province to boost economic and trade ties with 16 Central and Eastern European Countries (CEEC), according to a senior official with Ministry of Commerce.
Source: Xinhua | 2018/6/10 6:16:53

China's inflation remains benign

With consumer price growth continuing to be mild and factory prices of industrial products slightly edging up in May, China's inflation remains benign.
Source: Xinhua | 2018/6/10 0:18:43

ZTE strikes deal with US

A Chinese trade analyst said on Friday that Chinese companies can learn a lesson from ZTE after the telecom firm struck a deal with the US that includes paying a $1 billion penalty and having a US-chosen compliance team on board to resolve a high-profile dispute with the US.
Source: Global Times | 2018/6/8 22:38:41

China, Kazakhstan set to cooperate on 51 key projects

China and Kazakhstan signed a memorandum of understanding on capacity and investment cooperation on Thursday.
Source: Global Times | 2018/6/8 20:23:39

China announces anti-dumping measures on Brazilian broilers

China's Ministry of Commerce (MOC) on Friday announced provisional anti-dumping measures on white-feather broilers imported from Brazil.
Source: Xinhua | 2018/6/8 11:58:10

China hopes US will meet it half way: MOC

China hopes the United States will meet it half way and promote balanced and coordinated development of economic and trade cooperation between both countries, the Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2018/6/8 10:07:59

Gismo China

Taipei-headquartered Asustek Computer Inc, also known as Asus, on Tuesday rolled out its latest premium notebook ZenBook Pro, featuring an eye-catching touchscreen where the touchpad would usually be.
Source: Global Times | 2018/6/8 0:03:42

Beijing hopes to settle trade disputes with Washington via dialogue: MOFCOM

China is willing to expand cooperation and properly settle disputes through dialogue and consultations with the US, a senior trade official said on Thursday, hoping that the US will work with China to maintain sound and stable development of Sino-US economic and trade relations.
Source: Global Times | 2018/6/7 23:33:41

 Australia has to take measures to win back China's trust: analysts

The upcoming meeting of leaders from members of the Shanghai Cooperation Organization (SCO) might start a new phase marked by strengthened economic and trade ties for the multilateral body, which so far has been focused mainly on cooperation in securities, according to a report.
Source: Global Times | 2018/6/7 22:48:40

Australia has to take measures to win back China's trust: analysts

Australia's dilemma over its China policy has come to light in recent days, with Australian officials seeking to avoid potential damage to bilateral trade ties but reluctant to make any concrete moves to improve the overall diplomatic relationship.
Source: Global Times | 2018/6/7 22:43:41

Chinese culture regulators 'suspend homemade game registration' amid policy reshuffle

The Ministry of Culture and Tourism has halted the registration of domestically developed gaming products following an institutional restructuring plan of the State Council, China's cabinet, domestic news site reported on Thursday.
Source: Global Times | 2018/6/7 22:43:40

FIFA sparks Chinese rush for night-time comforts

One week before the opening of the 2018 FIFA World Cup, consumption opportunities related to the event are burgeoning in China, with skyrocketing sales of crayfish, a popular midnight snack, and men's facial masks.
Source: Global Times | 2018/6/7 22:38:41

Local touch

A view of decorations in a Terracotta Warrior-themed family hotel in Xi'an, capital of Northwest China's Shaanxi Province on Wednesday. The hotel is operated by a cab driver surnamed Guo, who spent 100,000 yuan ($15,600) to decorate his 260-square-meter properties with replicas of the famous artifacts. During the holidays, he sometimes can rent out the flats for as much as 1,000 yuan per night. Photo: IC
Source: IC | 2018/6/7 22:33:41

B&R can offer development, rather than debt burden: MOFCOM

The China-proposed Belt and Road (B&R) initiative brings hope and development rather than a burden for countries and regions along the routes, Gao Feng, spokesperson for China's Ministry of Commerce (MOFCOM) said on Thursday.
Source: Global Times | 2018/6/7 22:33:40

Geely, Shell deal in Britain

Geely Auto Group and Royal Dutch Shell signed a global agreement that will lead to strategic cooperation beyond lubricants, the Xinhua News Agency reported.
Source: Global Times - Xinhua | 2018/6/7 22:23:45

Argentina in talks with China on $10.4b swap extension: official

Argentina is in discussions with China about extending a currency-swap program due to recent financial turmoil, Cabinet Chief Marcos Pena said on Wednesday.
Source: Reuters-Global Times | 2018/6/7 22:23:44

2018 expected to see increase in China's bond defaults

The year of 2018 will see a rise in bond defaults in the domestic market, Wang Wei, an expert with domestic credit rating agency CCX predicted.
Source: Global Times | 2018/6/7 22:23:44

Coal plant in Vietnam

China Railway 11 Bureau Group Co, a subsidiary of State-owned China Railway Construction Corp, announced that construction officially started on Wednesday on the second phase of a coal-fired power plant in Vietnam, according to a statement on the company's official website.
Source: Global Times | 2018/6/7 22:23:44