BIZ

China rebuts US accusations, says efforts to balance bilateral trade will continue


The US government is using accusations against China such as insufficient protection of intellectual property rights (IPR) and non-market economy status as leverage to tackle its trade gap with China, experts said on Thursday, adding that a response may be needed if there are further actions.


Chinese companies abroad hire more local employees

Chinese companies abroad hired 118,000 more local employees in 2016 than in 2015, according to the country's top economic planner.
Source: Xinhua | 2017/11/23 14:24:35

PepsiCo-Tingyi alliance wins big at CBIA 2017 awards

Plants under a strategic alliance between PepsiCo, the world’s second largest food and beverage business and Tingyi, one of the major food and beverage companies in China, won multiple awards for their outstanding performances in water and energy conservation efforts at the 2017 China Beverage Industry Association’s annual conference in Shanghai on November 22.
Source: Global Times | 2017/11/23 12:58:39

China Focus: Biofuel finds big market potential in aviation

China's first cross-ocean passenger flight powered by sustainable aviation biofuel is an important step for the business in China, experts said.
Source: Xinhua | 2017/11/23 8:17:52

Mobile payment users exceed 520 million in China: Ant Financial

The number of China's mobile payment users has exceeded 520 million, according to Ant Financial, Alibaba's financial affiliate.
Source: Xinhua | 2017/11/23 8:15:38

Chinese, Nepali companies launch hydropower projects in Nepal

Three Chinese companies have joined hands with a Nepalese company to develop at least 1,000 MW hydropower projects in Nepal in the next five years.
Source: Xinhua | 2017/11/23 8:13:30

Uber data breach affects 57 mln users

Data from 57 million users and drivers were compromised in a data breach incident Uber concealed for more than a year.
Source: Xinhua | 2017/11/23 8:13:06

Chinese consortium to build metro line in Kiev

A consortium of two Chinese companies on Wednesday signed a cooperation agreement with the city of Kiev on building a fourth metro line in the Ukrainian capital.
Source: Xinhua | 2017/11/23 8:05:35

World's big energy companies pledge to reduce methane emissions: media

Several world's largest energy companies are pledging to reduce their methane emissions, acknowledging publicly that global warming is a major problem worldwide, a local newspaper reported Wednesday.
Source: Xinhua | 2017/11/23 8:05:17

FAW recalls cars

FAW Car Co started recalling 206,570 vehicles in China due to problems with the braking system on Tuesday.
Source: Xinhua | 2017/11/22 22:38:40

Firms building rail links

Chinese companies are carrying out more than 20 railway projects overseas, with a total investment of 100 billion yuan ($15 billion), China’s railway authorities said Tuesday.
Source: Xinhua | 2017/11/22 22:33:40

CEFC, Penta team up for Time unit

Chinese energy and investment group CEFC has teamed up with Czech-Slovak financial group Penta Investments to buy Time Warner’s Central European Media Enterprises, three sources familiar with the matter said.
Source: Reuters | 2017/11/22 22:33:40

BYD electric buses come to Chile

The first batch of BYD pure electric buses have started service in Santiago, capital of Chile, the company said in a statement sent to the Global Times on Wednesday.
Source: Global Times | 2017/11/22 22:33:40

Geely JV launches car in Belarus

A Chinese-Belarusian joint venture (JV), BelGee, recently launched the Geely Atlas, which is intended for mass production.
Source: Xinhua | 2017/11/22 22:33:39