BIZ

Foreign sanctions against Chinese tech firms won't inhibit China's progress: experts


Sanction measures against China's high-tech firms by some foreign countries won't prevent China from developing its technology sectors, experts said on Sunday.


Dollar on defensive amid uncertainty

The dollar trimmed some of its recent losses but remained under pressure on Wednesday, as an inversion in part of the Treasury yield curve raises concerns about a potential US slowdown.
Source: Reuters | 2018/12/5 18:38:40

Smartphone town

A guide shows visitors around a smartphone factory in Chang'an, South China's Guangdong Province on Tuesday.
Source: IC | 2018/12/5 18:33:40

Chinese drum producer makes beats around the world

The struggles of a musical instrument maker in Tianjin to gain recognition for his products on the global stage illustrate China's journey during the past four decades of reform and opening-up. Now, private enterprises are an essential engine of prosperity and economic transformation across the nation.
Source: Xinhua | 2018/12/5 18:28:41

Chinese envoy says protectionism harms developing countries

A Chinese envoy on Tuesday urged the international community to support multilateral global trade in order to boost growth in developing countries.
Source: Xinhua | 2018/12/5 17:32:49

China launches strong financial support for firms to keep stable employment

The State Council, China's cabinet, said on Wednesday that the government is to prioritize steady employment and will offer more financial support to businesses and intensive training courses for workers amid increasing downward pressure of the economy.
Source: Global Times | 2018/12/5 16:33:40

News Analysis: Experts warn of economic slowdown after US equities plunge

Signs of an economic slowdown jittered the US equities market on Tuesday, and volatility may continue before the situation eases, experts have said.
Source: Xinhua | 2018/12/5 16:18:14

Myanmar earns 260 mln USD from cattle export in 12 months

Myanmar has earned 260 million US dollars from export of over 200,000 cattle since the announcement of permitting live cattle export a year ago, the official Global New Light of Myanmar reported Wednesday.
Source: Xinhua | 2018/12/5 16:17:38

China moves to stabilize employment

The Chinese government will introduce key measures to support employment, according to a guideline released Wednesday by the State Council, or China's cabinet.
Source: Xinhua | 2018/12/5 15:14:15

China, US to proceed with trade talks according to specific schedules

The economic teams of China and the US will actively proceed with trade negotiations according to specific schedules and roadmaps, a spokesperson for China's Ministry of Commerce said Wednesday.
Source: Global Times | 2018/12/5 13:33:40

AIIB takes zero-tolerance attitude toward corruption

The Asian Infrastructure Investment Bank (AIIB) has adopted good practices of other multilateral development banks to create an anti-corruption system that works for itself, China Daily reported Wednesday, citing an executive of the bank.
Source: Xinhua | 2018/12/5 10:37:53

China's MOC spokesperson talks on economic, trade consultation with US

A spokesperson for the Ministry of Commerce (MOC) said Wednesday that the latest meeting between presidents of China and the United States on economic and trade issues was "very successful."
Source: Xinhua | 2018/12/5 10:11:01

MOFCOM: China-U.S. meeting on trade successful

The Chinese Commerce Ministry said on Wednesday that the meeting between Chinese and U.S. officials on trade was successful.
Source: CGTN | 2018/12/5 8:58:24

US stocks tumble amid worries over possible economic slowdown

US stocks plunged on Tuesday, with all three major indices erasing more than 3 percent, amid worries over inverted yield curve signaling a possible economic slowdown.
Source: Xinhua | 2018/12/5 8:19:55