BIZ

Feeling the pinch of economic slowdown, Chinese counties seek new growth drivers


Chinese counties are at the forefront of the nation's drive to urbanize its vast rural areas. But as China's economic growth slows to its lowest level in more than 25 years, local economies are also feeling the pinch.


Chinese sailors continue to gather experience on world stage

China is one of the new kids on the block when it comes to high performance competitive sailing -- but that didn't stop the red boat going head to head with the host team on the final day of the SailGP in Australia.
Source: Xinhua | 2019/2/16 22:04:58

High leverage risks mainly exist in China's SOEs, local governments: report

China's state-owned enterprises (SOEs) and local governments remain the major places for high leverage risks, Shanghai Securities News reported Saturday.
Source: Xinhua | 2019/2/16 22:02:35

China to enhance efficiency, transparency of market regulation

China will take steps to increase the efficiency and transparency in market regulation, an official of the country's market watchdog has said.
Source: Xinhua | 2019/2/16 22:00:25

Demand for African coffee in China presenting huge market potential: industry insider

The increasing demand for African coffee in China presents huge market potential for coffee producing countries in Africa, Chairman of African Fine Coffees Association Ishak Lukenge said Friday.
Source: Xinhua | 2019/2/16 21:41:53

One of world's largest container ships docks at Greece's Piraeus

COSCO Shipping Pisces, one the world's largest container ships with a capacity of 20,000 TEU, docked at Greece's Piraeus port on Friday afternoon, after sailing nearly a month from China.
Source: Xinhua | 2019/2/16 16:22:16

China to ensure safety of aquatic products: official

China will implement strict measures to ensure the safety and quality of aquatic products, though the product safety and quality have improved in recent years.
Source: Xinhua | 2019/2/16 15:42:28

Uber registers 3 bln USD in revenue for Q4 2018

US ride-hailing company Uber Technologies Inc. Friday reported 3 billion US dollars in revenue for the fourth quarter of 2018, representing a 25-percent year-on-year increase.
Source: Xinhua | 2019/2/16 14:40:31

China's smartphone shipments down 11.4 pct in January

China's smartphone shipments fell 11.4 percent in January to 32.15 million units, data from the China Academy of Information and Communications Technology (CAICT) showed Saturday.
Source: Xinhua | 2019/2/16 14:03:26

Amazon leads 700-mln-USD investment in electric truck startup

US online retailing giant Amazon is leading a 700-million-US-dollar funding round for electric truck startup Rivian Automotive, Rivian said Friday.
Source: Xinhua | 2019/2/16 11:59:26

Chinese bidders welcome to build road for Croatian port: minister

Croatian Minister of the Sea, Transport and Infrastructure Oleg Butkovic told reporters on Friday that Chinese bidders are welcome for a major road construction project in Rijeka, local daily newspaper Novi list reported.
Source: Xinhua | 2019/2/16 9:49:56

US industrial production falls in January for first time in 8 months

US industrial production fell 0.6 percent in January, the first decline in eight months, the US Federal Reserve reported Friday.
Source: Xinhua | 2019/2/16 9:48:34

Portugal's economy cools in 2018 but remains above EU average

The Portuguese economy grew by 2.1 percent in 2018, down 0.7 percentage points from that of 2017 and slightly below government expectations, local media reported on Friday.
Source: Xinhua | 2019/2/16 9:46:59

China, U.S. conclude new round of high-level economic, trade consultations

China and the United States held the sixth round of high-level economic and trade consultations in Beijing from Thursday to Friday.
Source: Xinhua | 2019/2/16 8:17:56