BIZ

IMF chief hails progress in China-US trade talks, urges "trade peace"


International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday hailed the progress made in the latest round of China-US trade talks as "extremely good news," urging the world to grasp the opportunity to achieve "a trade peace."


Argentine vineyards ready to showcase top-tier wines at CIIE

Five Argentine wineries are preparing to showcase their top-tier wines at the second China International Import Expo (CIIE), to be held in November in the eastern Chinese city of Shanghai.
Source: Global Times - Xinhua | 2019/10/15 21:28:40

Flying high for National Day

Several days ahead of the National Day holidays, a giant show of drones featuring 500 unmanned aerial vehicles (UAVs) lit up the sky in Guangzhou, capital of South China's Guangdong Province.
Source: Global Times | 2019/10/15 21:23:40

Hot relief from cool weather

A consumer grabs a hot drink at a convenience store in Beijing on Tuesday. The sales of hot drinks in convenience stores have jumped 10 percent on a daily basis as the capital's weather has rapidly cooled. Photo: VCG
Source: VCG | 2019/10/15 21:23:40

Making light of work

Workers take pictures at a new 500-kilovolt power transformation project in Zhoushan, East China's Zhejiang Province on Tuesday. The project raises the power transmission capacity by 3.3 times and improves the safety and stability of local power transmission. Photo: IC
Source: Global Times | 2019/10/15 21:16:15

China-India talks key to success of RCEP negotiations: experts

The key to the success of Regional Comprehensive Economic Partnership (RCEP) negotiations now lies in the talks between China and India, and the latter is more likely to cut tariffs gradually than make drastic reductions, analysts said.
Source: Global Times | 2019/10/15 21:16:09

Baidu shifts some R&D from US to China

Baidu Inc is shifting part of its research and development (R&D) work for the autonomous-driving project Apollo from the US to China.
Source: Global Times | 2019/10/15 21:16:02

CPI hits 3.0% in Sept, fired by pork prices

The consumer price index (CPI) in China, a main gauge of inflation, rose 3 percent year-on-year in September - the fastest rate in nearly six years - and that pace is likely to continue, industry observers said.
Source: Global Times | 2019/10/15 21:08:01

China likely to resume farm trade with US, but uncertainties persist: analyst

China has imported 20 million tons of soybeans from the US so far this year and will accelerate agricultural imports. Experts said imports of agricultural products may return to the pre-trade war level in the short run, but uncertainties persist over other aspects of the trade relationship between China and the US.
Source: Global Times | 2019/10/15 20:43:40

Huawei wins most 5G contracts in Europe

Telecoms giant Huawei Technologies has been advancing steadily in Europe, its key 5G market outside China, in spite of a murky political climate. The company has signed more than 60 5G contracts worldwide, mostly in Europe.
Source: Global Times | 2019/10/15 19:38:40

Huawei's 5G will bring about a global telecommunications revolution

As the first year of 5G in China is underway, the 5G wave is surging across the world faster than any previous era of mobile communications. According to the latest information disclosed at the 5th Huawei Asia-Pacific Innovation Day, Huawei has signed more than 50 5G commercial contracts globally, delivering more than 200,000 stations by the end of August.
Source: Global Times | 2019/10/15 15:43:40

China's CPI rose 3% in Sep, driven by soaring pork price

China's consumer price index (CPI) in September increased 3 percent year-on-year, its fastest pace for nearly six years, almost hitting the control target of around 3 percent, according to the National Bureau of Statistic (NBS) on Tuesday. Food prices, notably the price of pork, continued to rise and contributed to the rising CPI.
Source: Global Times | 2019/10/15 12:08:16

China hopes EU will continue to maintain market openness

China said on Monday that it hopes the European Union will continue to maintain investment market openness and create a fair, transparent, stable and predictable business environment for companies investing in the EU, including Chinese enterprises.
Source: Xinhua | 2019/10/15 11:40:10

Progress in US-China trade talks raises cautious optimism

China and the United States have achieved substantial progress in their lastest round of trade talks and that raises cautious optimism for an eventual deal.
Source: Xinhua | 2019/10/15 9:46:17