BIZ

China exporting more submarines


China's exported submarines are relatively cheap but offer advanced technology, and designs for some of their features could be modified to meet customers' requirements, making them more competitive in the global market, an expert said Thursday.


BOJ sounds most upbeat on economy in 9 years

The Bank of Japan (BOJ) kept monetary policy unchanged on Thursday and offered its most optimistic assessment of the economy in nine years, signaling its confidence that a pick-up in overseas demand will help sustain an export-driven recovery.
Source: Reuters | 2017/4/27 19:33:41

From dream to reality

Spring may be the planting season for farmers, but this year it is the season that the world’s major aircraft makers harvest what they have sown.
Source: Global Times | 2017/4/27 19:28:41

New services, deals

Air China announced on Thursday that it will open direct routes from Beijing to Astana, Kazakhstan, and Zurich, Switzerland in June, expanding its network along China’s “One Belt and One Road” routes.
Source: Global Times | 2017/4/27 19:28:41

Asset securitization to be key financial model in China's property sector

China's fast-developing real estate finance sector stands at a crossroads and domestic property developers are expected to rely on a combination of traditional financing models and other financing channels, said brokerage Jones Lang LaSalle (JLL) on Thursday.
Source: Global Times | 2017/4/27 18:23:41

China industrial profits maintain double-digit growth in March

China's major industrial firms continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy, official data showed Thursday.
Source: Xinhua | 2017/4/27 14:53:01

Japan's central bank keeps monetary policy unchanged, lowers inflation forecast

The Bank of Japan on Thursday kept its monetary policy unchanged and lowered its inflation forecast for this fiscal year, saying its stimulus measures will be kept in place to achieve its reflation goal.
Source: Xinhua | 2017/4/27 14:51:58

Samsung Electronics post second biggest operating profit in Q1

Samsung Electronics on Thursday posted the second biggest operating profit in the first quarter of this year thanks to robust demand for semiconductors.
Source: Xinhua | 2017/4/27 14:51:24

Report urges Australian gov't to turn to China, India for trade

Australia needs to shift its trade focus from traditional partners such as the United States and Britain in favor of emerging economies such as China and India, according to an economic report released on Thursday.
Source: Xinhua | 2017/4/27 14:51:08

LinkedIn China users top 32 mln

The number of LinkedIn users in China has topped 32 million, more than three years after the world's largest professional network launched a Chinese version.
Source: Xinhua | 2017/4/27 13:27:33

China industrial profits maintain double-digit growth in March

China's major industrial firms continued to post double-digit growth in March, adding to signs of a stabilizing Chinese economy, official data showed Thursday.
Source: Xinhua | 2017/4/27 10:29:41

World Bank maintains this year's oil price forecast unchanged

World Bank on Wednesday maintained its forecast for this year's oil price unchanged at 55 US dollars per barrel, saying that prices of industrial commodities are expected to rise in the coming two years.
Source: Xinhua | 2017/4/27 7:42:55

China to spur market vitality via integration of certificates

China will keep integrating business certifications and licenses into one consolidated business license, which is to further reduce institutional costs for market entities and stimulate market vitality as part of the country's business registration reform.
Source: Xinhua | 2017/4/26 23:30:49

Chinese firms easing Sino-US relations

Chinese companies' active investment in the US is acting as a lubricant for Sino-US relations, experts told the Global Times on Wednesday. They also noted that China and the US will be able to find a balance in the Sino-US trade status, which is a thorn in the side of the Trump administration.
Source: Global Times | 2017/4/26 23:08:41