BIZ

Era of easy money ending in China


Monetary policy will probably get tighter this year in China, but experts said that a liquidity crunch is unlikely in the world’s second-largest economy.


National railway operator said all substandard cables replaced

China Railway Corp said that it has taken the matter of reported substandard cables seriously and has organized a thorough inspection, adding that a relevant company has already replaced all the electric cables purchased from Shaanxi Aokai Cable Co, media reports said Friday.
Source: Global Times | 2017/3/26 13:28:39

US stocks decline on Trump policy uncertainty

US stocks slid for the week as investors worried about US President Donald Trump's ability to implement his economic policies.
Source: Xinhua | 2017/3/26 9:47:34

Qingdao West Coast New Area set to strengthen Belt and Road ties

As a vital juncture within China's "One Belt, One Road" (Belt and Road) initiative, the Qingdao West Coast New Area is beefing up efforts to enhance economic cooperation with countries and regions along the Belt and Road through promoting bilateral investment, a local official said.
Source: Global Times | 2017/3/25 23:07:07

AIIB stresses dialogue before starting projects for wider benefit

The Asian Infrastructure Investment Bank (AIIB) views dialogues with fund receivers as important before deciding on a specific project to benefit more people, its president said Saturday.
Source: Xinhua | 2017/3/25 21:42:12

Globalization should be more tolerant and beneficial to all: Yasuo Fukuda

Globalization should be more tolerant and beneficial to all, despite disagreements over its economic role: Yasuo Fukuda
Source: Globaltimes.cn | 2017/3/25 14:52:19

Brazil recalls meat as scandal-hit industry suffers losses

The Brazilian government on Friday ordered the recall of meat from three meatpacking companies involved in a tainted production scandal that has cast doubts on food safety.
Source: Xinhua | 2017/3/25 11:48:57

China, Australia to gain more from growing, diversifying economic ties

Chinese Premier Li Keqiang's official visit to Australia is expected to create new opportunities for the two countries to expand and deepen their current thriving cooperation in various fields.
Source: Xinhua | 2017/3/25 11:48:35

China securities regulator approves 10 IPOs

China's securities regulator has approved initial public offering (IPO) applications of 10 companies.
Source: Xinhua | 2017/3/25 11:04:59

China's sound economic fundamentals unchanged: vice premier

China's sound economic fundamentals remains unchanged despite the economy has entered a new normal period, Chinese Vice Premier Zhang Gaoli said on Saturday.
Source: Xinhua | 2017/3/25 11:04:34

China's imports to total 8 trillion USD in five years: vice premier

China is expected to import goods worth 8 trillion US dollars in the next five years, Chinese Vice Premier Zhang Gaoli said Saturday at the opening ceremony of the Boao Forum for Asia in south China's Hainan Province.
Source: Xinhua | 2017/3/25 10:21:01

President Xi congratulates opening of Boao Forum for Asia

President Xi Jinping sent a congratulatory letter to the opening ceremony of the 2017 annual conference of the Boao Forum for Asia, held in China's Hainan Province Saturday morning.
Source: Global Times - Xinhua | 2017/3/25 9:38:50

Chinese customers don’t buy Audi’s ‘sloppy’ apology

Chinese customers have taken to social media to express their dissatisfaction with German carmaker Audi AG’s apology for using an inaccurate map of China that excluded parts of the country last week, with some calling the apology “sloppy” and demanding action against Audi.
Source: Global Times | 2017/3/22 19:53:39

Drone-catchers emerge on a new aerial frontier

The enemy drone whined in the distance. The Interceptor, a drone-hunting machine from Silicon Valley start-up Airspace Systems, slinked off its launch pad and dashed away in hot pursuit.
Source: Reuters | 2017/3/23 21:42:38