BIZ

Trump's IPR claims 'totally baseless'


US President Donald Trump's accusations about Chinese companies stealing intellectual property rights (IPR) from the US were dismissed by experts who talked to the Global Times on Thursday.


Apple responds to Shanghai Consumer Council's inquiry on iPhone slowdown

Apple on Friday replied to an inquiry from the Shanghai Consumer Council over the slowing down of older iPhones after iOS updates to offset battery performance.
Source: Xinhua | 2018/1/19 21:36:44

Patent-sharing deal between Google, Tencent over-interpreted: expert

The patent-sharing cooperation between Google and Tencent Holdings will not be too deep, and this move, together with Google's previous actions, is not enough for the US technology giant to return to the Chinese market, an expert said.
Source: Global Times | 2018/1/19 21:13:39

Maersk, IBM to launch blockchain-based platform to speed up global trade

The world's largest container shipping firm A.P. Moller-Maersk is teaming up with multinational tech company IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.
Source: Reuters | 2018/1/19 20:13:39

Memory price drop spooks investors

After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.
Source: Reuters | 2018/1/19 20:08:39

Apple vows protection for consumer rights, choice

Apple Inc said on Friday it will guarantee the right of consumers to information and free choice on its iPhones' batteries in response to an inquiry of the Shanghai Consumer Council over the slowdown of older version iPhones.
Source: Global Times | 2018/1/19 18:23:39

China's economy expands 6.9 pct in 2017, beats forecasts

A worker works in a textile enterprise in Haizhou District of Lianyungang City, east China's Jiangsu Province, Jan. 18, 2018. Gross domestic product (GDP) of China totaled 82.71 trillion yuan (about 12.84 trillion US dollars) in 2017 with a 6.9 percent year-on-year rise, higher than the 6.7 percent growth registered in 2016, data from the National Bureau of Statistics (NBS) showed.
Source: Xinhua | 2018/1/19 15:04:37

China's hometown of navel oranges

People pack navel oranges in Guojiaba Village in Zigui County, central China's Hubei Province, Jan. 15, 2018. Zigui County, known as China's hometown of navel oranges, has 300,000 mu (20,000 hectares) of navel oranges with 150,000 related workers. Most farmers live on planting navel oranges. Zigui now produces more than 30 varieties of oranges meeting the markets.
Source: Xinhua | 2018/1/19 8:14:59

China's economy could hit its sweet spot in 2018

As China looks to high quality growth over high speed expansion, its performance in 2017 was surprisingly a combination of both.
Source: Xinhua | 2018/1/19 6:59:13

China mines coal under railway tunnel

A company in China's coal province of Shanxi has exploited coal under a railway tunnel using a new technology, the first project of its kind in the country.
Source: Xinhua | 2018/1/19 6:56:17

China's innovation patents surge in number and quality in 2017

China's innovation patent filings surged both in number and quality in 2017, a spokesman said Thursday.
Source: Xinhua | 2018/1/19 6:55:56

China's economy accelerates for 1st time in 7 years

China's economy expanded 6.9 percent in 2017, picking up pace for the first time in seven years.
Source: Xinhua | 2018/1/19 6:43:38

China's logistics industry to continue booming in 2018: report

A think tank has predicted the total value of the logistics industry in China will approach 280 trillion yuan (43.5 trillion US dollars) in 2018, an increase of 6.5 percent year on year.
Source: Xinhua | 2018/1/19 6:42:55

Non-OPEC pumpers to produce more oil in 2018: report

The world oil supply increased in December, and the supply is expected to be higher in 2018 due to the output rise of the non-OPEC oil producers, predicted a monthly report of Organization of Petroleum Exporting Countries (OPEC).
Source: Xinhua | 2018/1/19 6:41:30