BIZ

China sees rocket tech boost


China will master rocket recycling technology on its new CZ-8 carrier rocket by 2020 and challenge the US monopoly in the field, China Media Group reported on Thursday.


Fuel exports to N.Korea still low

China kept fuel exports to North Korea to a trickle in March and exported no corn to its neighbor for a third straight month.
Source: Agencies-Global Times | 2018/4/24 21:48:41

BOE sees surge in profits

Chinese panel display producer BOE Technology Group Co posted its best performance last year, with a surge in profit.
Source: Agencies-Global Times | 2018/4/24 21:48:40

Khorgas Port sees increase in imports and exports in Q1

Khorgas Port in Northwest China's Xinjiang Uyghur Autonomous Region saw a rise in imports and exports in the first quarter of 2018.
Source: Xinhua-Global Times | 2018/4/24 21:48:40

Russia still China's top oil supplier

Russia was China's largest crude oil supplier in March, data showed on Tuesday, retaining the lead spot for a 13th consecutive month.
Source: Reuters | 2018/4/24 21:48:39

Hainan to cooperate with HK in 10 sectors to expand opening-up

South China's Hainan Province and the Hong Kong Special Administrative Region will carry out pragmatic cooperation in 10 sectors including finance, tourism and healthcare, in a bid to further expand opening-up and give full play to the comparative advantages of the two areas, Hainan Daily reported on Monday.
Source: Global Times | 2018/4/24 21:48:39

Abu Dhabi, Shanghai project

Abu Dhabi Global Market (ADGM), the emirate's international financial center, has agreed in principle with the Shanghai Stock Exchange to cooperate in establishing an exchange focusing on China's foreign trade and investment, ADGM said on Monday.
Source: Agencies | 2018/4/24 21:08:40

Huawei 5G roadshow in Europe

Chinese company Huawei Technologies Co started its fifth-generation (5G) truck roadshow in Madrid, Spain on Monday, with 5G innovations including self-driven cars, drones and virtual reality drawing public attention, the Xinhua News Agency reported.
Source: Agencies | 2018/4/24 21:08:39

Heng'an Group's Finnish pulp deal

Finnish pulp producer Finnpulp announced on Monday that China's Heng'an Group has joined as an owner and investor for a planned major softwood pulp plant in Kuopio, eastern Finland.
Source: Global Times - Xinhua | 2018/4/24 21:03:40

CRRC supplying EMUs to Argentina

Rolling stock maker CRRC Corp (CRRC) signed an agreement with Argentina's Ministry of Transport to supply 200 electric multiple units (EMUs) and parts for the Roca commuter network in Buenos Aires, domestic news site stcn.com reported on Tuesday.
Source: Global Times-Xinhua | 2018/4/24 21:03:40

SK Hynix echoes TSMC with warning of slower growth in mobile chips

SK Hynix Inc became Asia's second major semiconductor maker this earnings season to warn of slower growth in smartphone chip sales, but it said this would be offset by robust demand for server and other high-end chips.
Source: Reuters-Global Times | 2018/4/24 21:03:40

Nestle expands manufacturing presence

Global food conglomerate Nestle on Tuesday opened two new factories focused on health in Taizhou, East China's Jiangsu Province, adding to its business in the Chinese market.
Source: Global Times | 2018/4/24 21:03:39

Domestic car firms rev up

Domestic and foreign carmakers are set to show off their latest technologies in new-energy vehicles (NEVs) and intelligent cars at one of China's largest auto shows and announce their long-term plans in the increasingly vital Chinese market.
Source: Global Times | 2018/4/24 20:58:40

PE/VC investment in TMT maintains strong momentum in H2: PwC report

The strong momentum of private equity and venture capital (PE/VC) investment in telecommunications, media and technology (TMT) in the first half of 2017 continued in the second half of the year, according to a report released by consulting firm PwC on Tuesday.
Source: Global Times | 2018/4/24 18:58:40