Talent shortage hampers China's IC sector

There is a huge talent gap in the domestic integrated circuit (IC) industry, a sector the country has been striving to promote recently, but experts believe the gap could be overcome by offering more competitive salaries, strengthening related education and cultivating interdisciplinary talent.

China makes strides in cutting overcapacity

China has made headway in cutting coal and steel overcapacity, resulting in improvements in efficiency and supply-demand mismatch, the country's top economic planner said Thursday.
Source: Xinhua | 2018/8/16 18:00:40

American farmers desperate for consistency as tariff battle damage continues

American farmers, reeling from price drops and dissolving future markets, are hoping the 2018 Farm Bill will offer some relief from the US-China trade frictions.
Source: Xinhua | 2018/8/16 17:58:00

In-flight Wi-Fi woes: Only 3% of registered airplanes in China offer internet services due to challenges in satellite resources

In-flight internet services are expected to attract more passengers in the Asia-Pacific region amid a period of consumption upgrading, but China still has a long way to go in this regard due to challenges in satellite resources and business models, industry insiders said.
Source: Global Times | 2018/8/16 17:38:39

China's office browser developer denies cloning Google Chrome

Domestic office browser developer Redcore claimed on Thursday that its kernel is not simply “a Google kernel covered with a self-development coat,” but a system with innovations and modifications, though the firm admitted that it was developed based on Google Chrome.
Source: Global Times | 2018/8/16 16:48:39

China allows foreigners to trade A-shares next month

China has approved regulation amendments, allowing qualified individual foreign investors to open securities accounts to trade A-shares next month.
Source: Xinhua | 2018/8/16 14:55:29

China approves projects worth over 10 bln USD in July

China's top economic planner said Thursday it approved 17 fixed-asset investment projects with a combined investment of 77.7 billion yuan (about 11.3 billion US dollars) in July.
Source: Xinhua | 2018/8/16 14:29:02

Mainland indexes firm after morning plunge

Two of China's biggest indexes slipped dramatically upon trade opening on Thursday, but firmed as the end of the morning session approached.
Source: Global Times | 2018/8/16 13:58:39

China gives further access to foreign investors in the stock market

Foreigners working in China are now able to open their securities accounts in the country's A-share market, according to the latest revision released by the securities regulator on Wednesday.
Source: Global Times | 2018/8/16 11:58:39

Kempinski Hotel Beijing Lufthansa Center appoints Brice Péan as managing director

Kempinski Hotel Beijing Lufthansa Center is pleased to announce the appointment of Brice Péan as their new managing director. As a hotelier with a wealth of experience championing hotel preopenings and managing landmark properties, Péan now leads the culmination of Kempinski Hotel Beijing Lufthansa Center's expansive renovation and launch of 480 rooms, a new executive lounge and a European all-day dining restaurant. Furthermore, as managing director, he will drive business performance and operational excellence in the Lufthansa Center complex which includes an office building, serviced apartments and the Kempinski Hotel.
Source: Global Times | 2018/8/16 11:08:39

Chinese firm to offer online payment in Pakistan by year-end

Chinese company Alipay will start offering its online payment services in Pakistan by the end of this year, local media reported on Wednesday.
Source: Xinhua | 2018/8/16 8:41:59

Alibaba buys stake in Turkish e-commerce company

China's e-commerce giant Alibaba group has acquired a stake of its Turkish counterpart Trendyol, according to sources with Alibaba.
Source: Xinhua | 2018/8/16 8:40:57

Google takes new measures to increase transparency on political ads

Google took a new move Wednesday to increase transparency on political ads on its platform by releasing an online library of US political ads and a report on details of ad-expenditure ahead of the mid-term US elections in November this year.
Source: Xinhua | 2018/8/16 6:31:52

Tencent Q2 revenue misses expectations, dragged down by mobile games

China's internet giant Tencent Holdings' second-quarter financial results missed expectations, dragged down by its mobile game performance.
Source: Global Times | 2018/8/15 22:58:40