BIZ

Chinese companies eye robust investment in Europe in first half of 2019: Rhodium


Overseas direct investment (ODI) from China may be shifting toward the Belt and Road Initiative (BRI) as Chinese companies face growing difficulties entering the US. Chinese and foreign experts said the shift could bring significant changes to the global investment landscape, and could benefit BRI countries and regions with investment grade ratings.


Historic edition

An employee shows the special edition stamp for Chinese mythological novel Journey to the West at a post office in Shenyang, capital of Northeast China's Liaoning Province on Saturday. The special edition, with a total face value of 11.40 yuan ($1.70), includes four small stamps and a small sheet featuring different plots of the novel. Thousands of stamp collectors have already bought the set.
Source: VCG | 2019/4/21 20:38:39

Chinese govt meeting discusses new sci-tech board

The Chinese government's emphasis on information disclosure for IPOs for the impending science and technology innovation board shows that this is the most critical factor for the new board to succeed as the country moves away from the approval system, experts said on Sunday.
Source: Global Times | 2019/4/21 20:14:56

Economic cooperation with China under BRI helps Cambodia diversify economy, strengthen resilience

Cambodia, a firm supporter of China's Belt and Road Initiative (BRI) , has been benefiting in various areas through comprehensive economic cooperation with China to diversify its economy and strengthen resilience, Cambodian officials.
Source: Xinhua | 2019/4/21 19:21:01

Sony eyes China's lucrative anime market as other sectors wane

Japanese conglomerate Sony is reportedly planning to expand its presence in the fast-growing anime market in China, as the company faces tough times in its other businesses including smartphones, and as China vows to improve protection of intellectual property rights (IPR).
Source: Global Times | 2019/4/21 19:13:40

More Chinese to visit Italy, Switzerland

Joining the China-proposed Belt and Road Initiative (BRI) would be a good choice for countries around the world as it brings joint economic development, cultural exchanges and jobs. It seems that the most immediate benefit for those who sign a BRI deal is a tourism boom driven by Chinese visitors as peak vacation season approaches.
Source: Global Times | 2019/4/21 18:33:41

Malicious claim for CIA to declare Huawei gets funds from PLA

Claims that China's Huawei Technologies is funded by Chinese security agencies are groundless, morally malicious and show a lack of understanding about how the world's tech giant is operated and managed. The claims also reflect ongoing efforts of the US to crack down on the advanced global 5G player, which are in line with Washington's zero-sum game approach, industry insiders said Sunday.
Source: Global Times | 2019/4/21 18:13:39

Over 200 Fortune 500 companies sign up for 2nd CIIE

More than 200 Fortune 500 companies have signed up for the second China International Import Expo (CIIE), according to the organizer.
Source: Xinhua-Global Times | 2019/4/21 17:03:39

China, Australia bonded by wine

If he could travel back in time, Yuan Shichao would go back to 2011 to thank himself for his “crazy” decision.
Source: Xinhua-Global Times | 2019/4/21 16:58:39

Audi pushes e-strategy

Audi is presenting its visionary Audi AI:ME concept car at Auto Shanghai 2019, along with three other electric models, the Audi AIcon, the Audi e-tron and Q2L e-tron. The lineup from the "Four Rings" is well aligned with the auto show's theme: the future of driving.
Source: Global Times | 2019/4/21 16:48:39

The WTO's ruling should not be viewed as 'victory' or 'defeat'

On Thursday, the World Trade Organization (WTO) released a panel report on the case the United States lodged in December 2016 against China for its use of tariff-rate quotas for wheat, rice, and corn. The WTO panel ruled that China's administration of tariff-rate quotas violated its commitment to administer them transparently, while rejecting the appeal by the American side which demanded that China release the information on tariff-rate quotas.
Source: China Plus | 2019/4/21 9:13:25

China's grain output expected to stay stable: report

China's grain output is expected to remain stable this year, according to a report released Saturday.
Source: Xinhua | 2019/4/21 8:23:34

China becomes 6th largest trade partner of Ireland

China has become the 6th largest goods trade partner of Ireland, according to the latest statistics released by the Central Statistics Office (CSO) of Ireland.
Source: Xinhua | 2019/4/21 8:21:17

China securities regulator imposes record fines in 2018

China's securities watchdog toughened punishment on illegal market activities last year amid strengthened supervision, with total fines and administrative penalties reaching a three-year high.
Source: Xinhua | 2019/4/21 8:12:12