BIZ

China pushes listed companies to strengthen Party building


The government is pushing domestically listed companies to strengthen Party building and to participate in construction of an ecological civilization, according to an amendment on governance regulations for domestically listed companies.


Turkey, Bulgaria aim to revive Silk Road

Turkish and Bulgarian prime ministers on Tuesday pledged efforts to revive the Silk Road in a best possible way.
Source: Xinhua | 2018/6/12 19:59:40

Mercedes-Benz, Maserati to recall nearly 8,000 automobiles in China

German carmaker Mercedes-Benz and Italian luxury car manufacturer Maserati will recall nearly 8,000 imported automobiles in China, the General Administration of Customs said on Tuesday.
Source: Xinhua | 2018/6/12 19:58:31

NDRC, China Construction Bank to set up fund to support strategic emerging sectors

China's top economic planner has signed a memorandum with China Construction Bank to set up a fund investing in strategic emerging sectors.
Source: Xinhua | 2018/6/12 19:58:12

RYSE Hotel reveals Autograph Collection in Seoul, South Korea

Autograph Collection, the unique and enthusiastic independent hotel brand subordinate to Marriott International Group, has announced recently that the brand-new RYSE Hotel will hold their grand opening ceremony on the Hongik University Block, a leader in originality and trends, thus having two hotels of the brand located in Seoul, South Korea.
Source: Global Times | 2018/6/12 18:28:40

Dr. Bei's toothbrushes promise a deeper clean

Toothbrushes are constantly evolving as more and more people are becoming aware of the importance of taking care of their teeth. From ordinary toothbrushes and electric toothbrushes to sonic electric toothbrushes, we are seeing more options than ever for dental hygiene.
Source: Global Times | 2018/6/12 18:28:39

Chinese economy steadies with faster structural transformation

The Chinese economy remained resilient last month as advanced indicators were solid and the pace of structural transformation picked up.
Source: Xinhua | 2018/6/12 17:59:50

Tsinghua University to buy aluminum smelter for $3.7b

A unit of Beijing's Tsinghua University on Tuesday said it would buy aluminum smelter Xinjiang Tianshan for an estimated 23.6 billion yuan ($3.69 billion), in the second major deal in China's aluminum industry in just over two weeks.
Source: Reuters-Global Times | 2018/6/12 17:13:46

Stocks rise as historic Singapore summit starts

Shanghai stocks recovered from early losses to end higher on Tuesday, amid hopes that the closely watched US-North Korea summit can pave the way toward ending a nuclear stand-off on the Korean Peninsula.
Source: Reuters-Global Times | 2018/6/12 17:13:45

Regulator gives green light to corn, cotton options

China has approved the launch of corn and cotton options, two of the country's commodity exchanges said, as the country expands the range of tools available to hedge against price-swings in agricultural markets.
Source: Reuters-Global Times | 2018/6/12 17:13:44

As Indians outperform Chinese in overseas corporate management, experts say China must nurture home-grown talent to catch up

Indians seem to have outperformed Chinese in terms of their presence in the corporate management world, with more Indians holding CEO positions in large multinational companies in the US such as Google and Microsoft. What's the reason behind this disparity? The Global Times spoke with two businesspeople – one Indian, the other Chinese – to find out. According to them, India's advantages in nurturing talent and in language makes it easier for Indians to adapt to different cultures, while Chinese students who studied in the US prefer to come back to China and focus on the Chinese economy.
Source: Global Times | 2018/6/12 17:13:40

US trade executive says protectionism "damaging" to world trade

"Extreme protectionism" could undermine free trade and runs contrary to the advance of globalization, a veteran US trade executive said in a press release Monday.
Source: Xinhua | 2018/6/12 14:21:57

Australia's leading craft brewer eyes Chinese market

Popular Australian pale ale Little Creatures is heading a push to tap into the fast-growing craft beer market in China and the rest of Asia.
Source: Xinhua | 2018/6/12 12:10:40

Top US economic adviser hospitalized for heart attack

Top US economic adviser Larry Kudlow has been sent to a medical center on Monday after suffering a heart attack.
Source: Xinhua | 2018/6/12 9:05:23