BIZ

Brexit still causing concern: expert


China and the UK will further strengthen economic and trade ties in sectors including finance, infrastructure and energy, but uncertainties caused by Brexit still concern some Chinese companies, experts said.

Europe's airports in consolidation conundrum

A wave of consolidation among European airlines is putting pressure on the region's airports as it is giving carriers more negotiating power over their hubs, ...

China's quest for deep-sea oil

Ten years ago, China was lagging behind other countries in terms of developing technologies and equipment for the purposes of exploring and extracting oil in ...



China, Britain agree to enrich 'Golden Era' of bilateral relations

China is ready to work with Britain to provide new impetus to the development of "Golden Era" of Sino-British relations, said Vice Premier Ma Kai on Saturday.
Source: Xinhua | 2017/12/17 10:02:39

Facebook admits spending too much time on social media likely to harm offline social relations

Facebook, the world's top social media giant, acknowledged Friday that spending excessive time on its website without interacting with friends and family members may hurt social relations offline.
Source: Xinhua | 2017/12/17 9:57:23

Britain to contribute 50 mln USD to AIIB project preparation fund

The British government has signed an agreement with the Asian Infrastructure Investment Bank (AIIB) to contribute 50 million U.S. dollars to the bank's project preparation special fund.
Source: Xinhua | 2017/12/17 9:47:01

9th UK- China Economic and Financial Dialogue held in Beijing

China's Vice Premier Ma Kai and the UK Chancellor of the Exchequer Phillip Hammond concluded the ninth UK- China Economic and Financial Dialogue in December 2017. The two sides reached a number of agreements in various areas.
Source: CGTN | 2017/12/17 9:46:04

Roundup: China-Africa industrial cooperation in central stage at Nairobi expo

The inaugural China-Africa Industrial Capacity Cooperation Expo, which concluded in Kenya's Nairobi on Saturday, has seen a strong interest in Sino-African industrial cooperation.
Source: Xinhua | 2017/12/17 7:51:00

43 firms debut on China's "new third board"

Forty-three new small and medium-sized enterprises debuted on China's National Equities Exchange and Quotation (NEEQ), also known as the "new third board," in the past week.
Source: Xinhua | 2017/12/16 20:41:09

China approves three IPO applications

The Chinese securities regulator approved three IPO applications this week, which will raise up to 3.7 billion yuan (about $560 million) in the A-share market.
Source: Xinhua | 2017/12/16 16:50:08

Geely's first dealership in Belarus opens

China's Zhejiang Geely Holding Group opened its first official dealership in Belarus on Friday.
Source: Xinhua | 2017/12/16 8:11:13

ADB approves 499 mln USD loan to improve Beijing air quality

The Asian Development Bank (ADB) has approved a loan for 499 million US dollars to set up a regional emission-reduction and pollution-control facility as part of a support program to improve the air quality in the Beijing-Tianjin-Hebei region.
Source: Xinhua | 2017/12/15 19:13:35

Central SOEs post double-digit revenue, profit growth

China's centrally administered enterprises posted double-digit revenue and profit growth in the first 11 months of the year, data from the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) showed on Friday.
Source: Global Times | 2017/12/15 16:42:32

US interest rate hike has greater impact on world energy market

The US Federal Reserve (Fed) on Wednesday raised the benchmark interest rate by 25 basis points, as it raised the forecast for the country's economic growth in 2018. Local analysts said the move has little impact on the domestic energy industry, but it makes the US dollar more competitive in the international energy market.
Source: Xinhua | 2017/12/15 14:59:12

ADB approves 380 mln USD loan to improve roads in S. Philippines

The Asian Development Bank (ADB) has approved a 380-million-US-dollar loan to help the Philippine government strengthen the road network in the southern Mindanao Island, the country's second largest island with about 20 million people, the Manila-based bank said on Friday.
Source: Xinhua | 2017/12/15 14:50:51

Assault rifle maker Kalashnikov finishes testing next-generation guns

Kalashnikov Concern, the Russian defense manufacturing firm making the hugely popular Kalashnikov rifles, has finished testing its advanced AK-12 and AK-15 assault rifles for the next-generation Ratnik infantry gear, local media reported Friday.
Source: Xinhua | 2017/12/15 13:46:21