BIZ

Foreign sanctions against Chinese tech firms won't inhibit China's progress: experts


Sanction measures against China's high-tech firms by some foreign countries won't prevent China from developing its technology sectors, experts said on Sunday.


Oil prices plunge as no pullback deal reached at OPEC meeting

Oil prices extended much losses on Thursday, as OPEC wrapped up a much-anticipated meeting with no decision on the level of potential output cut.
Source: Xinhua | 2018/12/7 8:19:02

Boeing forecasts strong growth for aircraft financing in 2019

Aircraft financing will continue to grow strong next year as about 143 billion US dollars will be invested in meeting the demand for new commercial airplanes, US top aircraft manufacturer Boeing Company (Boeing) said Thursday.
Source: Xinhua | 2018/12/7 8:14:39

Block chain technology sees applications in US economy

Block chain technology is demonstrating increasing potential for commercial use in the economy of the United States, according to industry insiders and experts.
Source: Xinhua | 2018/12/7 8:12:14

Business leaders, officials yearn for bright prospects for China-U.S. trade ties at LA forum

More than 100 business leaders and officials gathered here on Wednesday at a trade forum, calling for bright prospects for the China-U.S. trade relations.
Source: Xinhua | 2018/12/7 7:59:34

Ex-officials, industrial leaders vow to implement China-U.S. consensus on trade

Former senior officials, industrial leaders and experts from China and the United States have vowed to implement the two countries' recent consensus on de-escalating tensions in the trade relationship.
Source: Xinhua | 2018/12/7 7:52:35

China urges release of Huawei executive

Chinese officials are urging the US and Canada to clarify why Meng Wanzhou, a senior executive of Huawei Technologies, has been detained and to immediately release her, slamming the arrest as a violation of her rights.
Source: Global Times | 2018/12/6 22:58:43

EU foreign investment screening plan shows double standards, harms own interests: experts

Europe is backpedalling on its commitment to an open market and the potential restriction of Chinese investment could harm, instead of protecting, the strategic interests of the bloc, Chinese experts said on Thursday.
Source: Global Times | 2018/12/6 22:58:42

China surpasses South Korea to become largest chip equipment market

China has become the world's largest semiconductor equipment market thanks to continuous, intensive investment in the sector.
Source: Global Times | 2018/12/6 22:53:42

China lists specific areas for negotiations with US

China said on Thursday it will immediately implement the consensus reached with the US to reduce trade friction, starting with the agriculture, energy and automobile sectors.
Source: Global Times | 2018/12/6 22:53:41

China's central bank tightens grip on online payment platforms' reserve funds

The People's Bank of China (PBC), the central bank, has moved in recent days to tighten regulations on reserve funds of the country's booming online payment platforms, which could help protect consumers and upgrade the industry.
Source: Global Times | 2018/12/6 22:48:48

China's Xiaomi takes lead in showcasing first 5G model

Xiaomi showcased the first fifth-generation (5G) version of its flagship smartphone – Mi MIX 3 – on Thursday, becoming the first domestic vendor to do so.
Source: Global Times | 2018/12/6 22:48:47

Malaysia aims to be a regional transshipment hub

Malaysian Transport Minister Anthony Loke Siew Fook said on Thursday that Malaysia seeks to become China's transshipment hub for the Association of Southeast Asian Nations (ASEAN).
Source: Xinhua | 2018/12/6 22:48:47

Tesla opens tender for Chinese Gigafactory

Tesla Inc has opened a tender for the construction of its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by Reuters, the clearest indication that construction is imminent.
Source: Reuters | 2018/12/6 22:48:46