BIZ

Netherlands could play bigger role in BRI: analyst


Companies from the Netherlands see great potential in the Chinese market and are actively exploring business opportunities in a wide range of sectors from logistics to technologies, as the two countries have decided to strengthen bilateral cooperation, executives said on Thursday.


China, US to negotiate a final trade deal via 'various effective means': MOFCOM

Trade talks between China and the US have been continuously making progress, and while issues still remain, the two will continue to negotiate through “various effective means,” a spokesperson of China's Commerce ministry told the Global Times on Thursday.
Source: Global Times | 2019/4/18 17:28:17

New foreign investment law shows China's confidence, mature market: expert

The release of China's newly approved foreign investment law, which aims to protect overseas investment, showed the confidence of the country's system as well as the maturity of the Chinese market, an expert said on Thursday.
Source: Global Times | 2019/4/18 16:58:40

The world's first 5G hotel

At this hotel in South China, a 5G-powered service robot guides guests to their rooms and chats with them in the elevator. Fast and stable networks enable virtual reality (VR) gaming, and everything is connected to the cloud.
Source: Global Times | 2019/4/18 16:53:40

End of Apple's golden era won't halt Chinese suppliers' innovation

With an agreement between China and the US to end the year-long tariff war seemingly within reach, Apple – which has contracted with a growing number of Chinese suppliers and forged deeper ties with China – can finally take a breath.
Source: Global Times | 2019/4/18 16:48:40

Chinese used car platform denies eviscerating report allegations

Uxin Limited, a Chinese used car e-commerce company currently listed on NASDAQ, issued a statement on Wednesday denying allegations of impropriety alleged on Wednesday by J Capital Research, a US registered investment advisor, according to a response to the Global Times on Thursday.
Source: Global Times | 2019/4/18 14:46:58

China's forex regulator vows wider opening of capital accounts

China's foreign reserve regulator vowed on Thursday to continue to push forward reforms in investment systems for foreign investors in the year ahead, a move that is in line with the country's broad efforts to open up its financial market and create a favorable environment for overseas investors in China.
Source: Global Times | 2019/4/18 14:26:20

Amazon says 'making business adjustments in China'

Amazon.com, the world's largest e-commerce business by revenue and market capitalization, said it is closing its domestic marketplace in China in July. A Chinese analyst said the change won't affect the company's global image.
Source: Global Times | 2019/4/18 13:28:40

EU targets 20 bln U.S. goods for tariffs against subsidies to Boeing

The European Commission published on Wednesday for public consultation a list of U.S. goods worth 20 billion U.S. dollars that it might target for additional tariffs, as counter measures against what Brussels says are American subsidies to Boeing.
Source: Xinhua | 2019/4/18 11:06:18

China-assisted international airport in Nepal to be completed ahead of schedule: Official

China CAMC Engineering Co. Ltd is all set to complete the construction of the China-assisted Pokhara Regional International Airport in Kaski district of central Nepal ahead of the deadline, a senior official from the Civil Aviation Authority of Nepal (CAAN) said.
Source: Xinhua | 2019/4/18 9:08:59

Customers seek service fee refund

Buyers of Mercedes-Benz cars in Xi'an, capital of Northwest China's Shaanxi Province, flocked to a 4S dealership on Wednesday for refunds of financial service fees, which were called foul by regulators following an investigation of a high-profile dispute between the dealership and a customer over an oil leaking car.
Source: Global Times | 2019/4/17 21:58:40

US trade deficit shrinks in February

US trade deficit shrank to 49.4 billion US dollars in February, down 3.4 percent month-on-month, data released Wednesday by the US Department of Commerce showed.
Source: Xinhua | 2019/4/17 21:54:10

Sweeping view

An aerial view of the Panggong bridge, which is under construction in Xiangyang, Central China's Hubei Province on Wednesday. The 2.7-kilometer-long bridge will be the first three-tower suspension bridge to cross the Hanjiang River. It is scheduled to be completed by the end of 2019. Photo: IC
Source: IC | 2019/4/17 21:53:40

Chinese companies aim for bigger role in autonomous vehicle competition with US rivals

Despite lagging behind US autonomous driving technologies for some years, China's domestic players are confident of catching up with US participants in the near future and even overtaking them.
Source: Global Times | 2019/4/17 21:28:40