BIZ

US Treasury report on yuan in line with 'common sense': FM spokesperson


The US Treasury opted against calling China a currency manipulator, a decision that a government official said is “in line with common sense.”


HSBC to list in Shanghai market

HSBC is set to be the first foreign company to list its shares in China as part of a new stock exchange link between London and Shanghai, the Financial Times reported on Thursday.
Source: Xinhua-Global Times | 2018/10/18 21:53:40

Mainland-HK bridge to open

The mega bridge that will connect the Chinese mainland with Hong Kong and Macau is set to open to traffic next week, according to media reports.
Source: Xinhua-Global Times | 2018/10/18 21:48:42

Sinopec invests $279m in poverty relief efforts

China Petrochemical Corporation (Sinopec Group) has contributed 1.93 billion yuan ($279 million) to poverty reduction in the past three decades, according to a white paper released by the company.
Source: Xinhua | 2018/10/18 21:48:41

Direct air flights from China to PNG to start next week

The first direct flight between Papua New Guinea (PNG) and China is set to take off next week, airline officials have said.
Source: Xinhua | 2018/10/18 21:48:40

CPEC boosts opportunity for Pakistan: experts

The China-Pakistan Economic Corridor (CPEC) will play a great role in eradicating poverty in Pakistan by creating many employment and business opportunities, Muhammad Irfan, assistant professor of Economics at Comsats University Islamabad, said recently.
Source: Xinhua | 2018/10/18 21:43:41

Shanghai opens special customs facilities for Import Expo

Shanghai customs has opened 38 special channels at several ports for customs clearance for foreign companies that are attending the upcoming China International Import Expo, officials said on Thursday.
Source: Global Times | 2018/10/18 21:43:40

US concerns over Chinese telecoms presence in LatAm 'have little impact': analysts

Raising concerns over Chinese telecoms companies' operations in Latin America is useless, as the companies don't have technical control over user data, and a recent US report will have a limited influence on the situation, a Chinese industry expert said on Thursday.
Source: Global Times | 2018/10/18 21:23:41

US departure from UN postal union latest example of unilateralism

The US has started the process of withdrawing from a 144-year-old international postal body, a move that experts said is the latest example of short-sighted and narrow-minded unilateralism by the US, and a typical case of bullying to override the interests of the international community.
Source: Global Times | 2018/10/18 21:13:40

Horse racing in Hainan to continue: insider

An industry insider assured the smooth development of the horse racing industry in South China's Hainan Province, saying planning of the industry is progressing.
Source: Global Times | 2018/10/18 20:58:41

Chinese, Dutch firms ink massive deals

Chinese and Dutch companies inked a number of deals during Chinese Premier Li Keqiang's visit to the Netherlands this week, including a deal to set up a plant in China to boost the country's new-energy ambitions.
Source: Global Times | 2018/10/18 20:58:40

Women's Chinese Basketball Association gears up for the new season in October

The first tier professional women's basketball league in China, the Women's Chinese Basketball Association (WCBA) is gearing up for its 2018-19 season. At the press conference hosted by WCBA in Beijing on Monday, details of the new season were released.
Source: Global Times | 2018/10/18 20:48:41

8th Longines Equestrian Beijing Masters ends

The 8th Longines Equestrian Beijing Masters (LEBM) came to an end at the National Stadium, "the Bird's Nest," on Sunday. Starting on October 12, the event featured six levels of competition such as the Longines Grand Prix, BMW Elite Class, Team Championship, Dashing Challenge Class, the BMW Drive & Jump Competition and the U14 New Star.
Source: Global Times | 2018/10/18 20:48:40

Huawei Mate 20 features innovation, AI capabilities

The newly-unveiled high-end Huawei Mate 20 features the latest mobile advances in processing, artificial intelligence (AI) capabilities, battery and memory card, which showed that the Chinese tech firm is getting closer to foreign rivals such as Apple and Samsung.
Source: Global Times | 2018/10/18 18:33:40