BIZ

US tech curbs set to spur China's industry push: experts


The US is considering further tightening of its controls on exports by emerging technology sectors such as artificial intelligence (AI) and robots, but Chinese industry representatives said that such restrictions would hurt US industries more and could spur a greater technology push in China.


Next-generation solid-state batteries in production in China

China's first solid-state battery production line has become operational in the city of Kunshan, east China's Jiangsu Province.
Source: Xinhua | 2018/11/20 13:26:03

CIIE sends strong message of China's further opening-up to world: Irish minister

The China International Import Expo (CIIE) has sent a strong message to the world that China will further open up its market, said a senior Irish official on Monday.
Source: Xinhua | 2018/11/20 10:41:08

US soybeans plunge amid trade uncertainty

Chicago Board of Trade (CBOT) agricultural futures closed lower on Monday with soybeans posting double-digit losses amid uncertainty surrounding US trade relations with China.
Source: Xinhua | 2018/11/20 8:31:20

GE announces new leadership for its power business reorganization

US engineering, manufacturing and power giant General Electric (GE) on Monday announced a new senior leadership team for the reorganization of its power business.
Source: Xinhua | 2018/11/20 8:19:50

China launches pilot UAV traffic management program

A pilot traffic management program for unmanned aerial vehicles (UAVs) was launched Monday in Shenzhen, south China's Guangdong Province.
Source: Xinhua | 2018/11/20 8:17:33

Uber resumes service in Abu Dhabi after 2 years of suspension

The Integrated Transport Center (ITC) at the Department of Transport in Abu Dhabi, the United Arab Emirates (UAE), on Monday announced to resume Uber services in the emirate after two years of suspension.
Source: Xinhua | 2018/11/20 8:12:18

Albanian economy on positive trajectory in 2018: central bank

The Albanian economy is experiencing a positive developmental trajectory, the Governor of the Bank of Albania (BoA) Gent Sejko declared on Monday while reporting to the Economic Commission.
Source: Xinhua | 2018/11/20 8:10:17

State visits to upgrade China's economic cooperation with Brunei and the Philippines

The visit by Chinese President Xi Jinping to Brunei and the Philippines will help upgrade China's economic and trade cooperation with the two countries, which has developed to some extent in recent years but still remains tepid, experts said on Monday.
Source: Global Times | 2018/11/19 22:53:39

Legend unit stake in Chile

Chinese investment firm Legend Holdings announced on Monday that its wholly owned subsidiary Joyvio has agreed to purchase a majority stake in Chilean salmon producer Australis Seafoods SA.
Source: Global Times | 2018/11/19 22:43:41

EU foreign investment scrutiny targeting China 'moving away from free market principles'

Proposed new EU rules to screen foreign direct investment (FDI) that will be soon unveiled will not gain a consensus among the bloc's 28 members, but it signals the risk of EU's moving backward to protectionism, experts said on Monday.
Source: Global Times | 2018/11/19 22:43:41

Weichai deal with Ballard

Weichai Power, a leading Chinese automobile and equipment manufacturer, has closed a strategic collaboration deal with Ballard Power Systems, a Canadian provider of clean-energy products.
Source: Xinhua-Global Times | 2018/11/19 22:43:40

Privately offered funds shrink

The total value of privately offered funds in China stood at 12.77 trillion yuan ($1.8 trillion) as of the end of October.
Source: Xinhua-Global Times | 2018/11/19 22:43:40

ChinaCoal supply deals

The China National Coal Group Corp (ChinaCoal) has signed medium- to long-term coal supply deals with six centrally administered State-owned enterprises (SOEs), Xinhua News Agency reported on Sunday.
Source: Xinhua-Global Times | 2018/11/19 22:43:39