BIZ

Chip sector progress needed


China recognizes the strategic significance of developing its own core technology in the semiconductor sector, and the US announcement of a ban on its chipmakers selling equipment to Chinese telecom company ZTE Corp has brought a slew of discussions as well as media commentary on the issue.


Red light flashing in ride-hailing price war

The Ministry of Transport (MOT) on Thursday warned of “great damage” from a brewing price war in the country's massive ride-hailing sector as more companies rush into lucrative markets, and it called for “reasonable competition” and tougher regulation.
Source: Global Times | 2018/4/19 20:03:40

Peak releases world's first 3D printed volleyball shoes

The Chinese sports brand Peak Sport, which is committed to technological innovation, has made a breakthrough in the application of 3D printing technology. Peak released the world's first 3D printed volleyball shoes during the recent China Volleyball League all-star game. Peak's CEO Xu Zhihua, and Ding Xia, a member of the Chinese national volleyball team, revealed the shoes during the game.
Source: Global Times | 2018/4/19 19:48:42

Dr. Bei Bass Toothbrush prized souvenir at the Boao Forum for Asia

The Boao Forum for Asia themed “An Open and Innovative Asia for a World of Greater Prosperity” ended recently. During the forum, guests and political leaders were presented with a special souvenir the Dr. Bei Bass Toothbrush. Dr. Bei is an enterprise that was set up in 2016 in the Xiaomi ecosystem. The toothbrush was the only product of its kind at the forum.
Source: Global Times | 2018/4/19 19:48:40

Chip sector progress needed

China recognizes the strategic significance of developing its own core technology in the semiconductor sector, and the US announcement of a ban on its chipmakers selling equipment to Chinese telecom company ZTE Corp has brought a slew of discussions as well as media commentary on the issue.
Source: Global Times | 2018/4/19 19:38:41

Dyson launches new purifying fans

The British international technology company Dyson released their new Dyson Pure Cool purifying fans in Beijing on April 10, bringing together Dyson's expertise in airflow, filtration and electronics to tackle the issues of indoor air pollution and purifying every corner of the room.
Source: Global Times | 2018/4/19 19:38:40

Shanghai nickel hits nearly 3-year top after LME rally

Nickel futures in Shanghai surged to the highest in almost three years on Thursday, tracking a rally in London prices the session before in what analysts said were misplaced concerns that the metal would also be hit by US sanctions.
Source: Reuters-Global Times | 2018/4/19 17:43:40

Mainland stocks up as resources shares shine

Chinese mainland stocks extended gains on Thursday, helped by robust gains in resources firms, as rising oil prices aided a rally across commodities.
Source: Reuters-Global Times | 2018/4/19 17:38:42

Oil near late-2014 highs as US stocks decline

Oil prices rose on Thursday to their highest since the end of 2014 as US crude inventories declined and as top exporter Saudi Arabia pushes for higher prices by continuing to withhold supplies.
Source: Reuters | 2018/4/19 17:38:41

New services, deals

aviation new services, deals
Source: Global Times | 2018/4/19 17:38:40

Indian jet fuel demand to soar

An Indian push to connect more cities via airports as an expanding middle class increasingly takes to the skies is set to help propel the country's demand for jet fuel to record highs this year.
Source: Reuters | 2018/4/19 17:33:40

WTO trade remedy measures should not be abused: China

China does not want to see World Trade Organization trade remedy measures abused or used for protectionism, the country's Ministry of Commerce said Thursday.
Source: Xinhua | 2018/4/19 15:56:40

China announces anti-dumping measures on imported chlorobutyl rubber

China's Ministry of Commerce (MOC) announced Thursday that it will impose provisional anti-dumping measures on chlorobutyl rubber imported from the United States, the European Union, and Singapore.
Source: Xinhua | 2018/4/19 15:55:48

China's central bank continues to inject liquidity

China's central bank on Thursday continued to inject funds into the banking system via open market operations to maintain liquidity.
Source: Xinhua | 2018/4/19 14:44:00