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."


Silk Road Silicon Valley Summit launched in London

The Silk Road Silicon Valley Science and Technology Innovation Summit was held over the weekend at Canary Wharf in London.
Source: Global Times | 2019/10/14 22:59:48

Beijing urges EU to foster fair business environment for Chinese investors

The EU should foster a fair, transparent, stable and predictable environment for Chinese companies that invest in the bloc, Chinese Foreign Ministry spokesperson Geng Shuang said at a press conference on Monday.
Source: Global Times | 2019/10/14 21:58:40

Pork imports surge in China from Jan-Sept as companies seek profit

Pork imports by China surged in the first three quarters of 2019, which an expert said was partly due to a rush by many domestic companies to make a profit.
Source: Global Times | 2019/10/14 21:48:41

Yuan, mainland stocks rally on trade talks

The yuan rallied against the US dollar and equities in the Chinese mainland rose on Monday, following reports of "substantial progress" achieved during the latest round of trade consultations between the US and China.
Source: Global Times | 2019/10/14 21:43:41

China-US trade prospects likened to good weather: customs official

The outlook for growth in China-US trade was likened to Beijing's weather on Monday - which turned for the better after a cold and gloomy week - by a senior official with China's General Administration of Customs (GAC), citing the latest sign of progress in trade talks.
Source: Global Times | 2019/10/14 21:43:40

Tesla construction speed breaks its own record

US electric carmaker Tesla has started building a battery factory in Shanghai after wrapping up construction of its Phase-1 factory complex, where the cars will be assembled, and it aims to finish the second facility more quickly.
Source: Global Times | 2019/10/14 21:13:40

Tencent restores streaming of some NBA preseason games

Tencent resumed the streaming of some National Basketball Association (NBA) preseason games, after previously suspending due to Houston Rockets general manager Daryl Morey's tweet in support of the Hong Kong violent protests and riots.
Source: Global Times | 2019/10/14 20:58:45

CIIE creates more chances for enhanced China-LatAm cooperation

The upcoming second China International Import Expo (CIIE) creates new chances for Latin American countries to share in the growing Chinese market, said exporters and scholars across the region.
Source: Global Times - Xinhua | 2019/10/14 18:53:39

Facial payment encounters cold welcome

Inside Beijing's downtown area, Xiao Ming, a white-collar worker, was paying for his lunch at a Yoshinoya restaurant and was quick to notice a flat screen displaying the WeChat logo with a facial-payment function.
Source: Global Times | 2019/10/14 18:33:39

Int'l rice festival kicks off in Northeast China's Heilongjiang Province

An international rice festival held in Harbin, capital of Northeast China's Heilongjiang Province, kicked off on Thursday.
Source: Global Times | 2019/10/14 18:23:39

13 companies realize IPO through green passage in poor areas

A total of 13 companies have realized IPOs, through the green-passage waiving of related fees, in impoverished regions in China, and some other 66 firms are preparing to list. Experts say that the gathering of capital is the fruit of poverty alleviation.
Source: Global Times | 2019/10/14 18:13:39

China's embattled businessman Jia Yueting files for bankruptcy in US

China's heavily indebted businessman Jia Yueting, founder of Faraday Future (FF), filed for bankruptcy and restructuring under Chapter 11 of the Bankruptcy Code in the US on Sunday, Jia's Debt Project Team said.
Source: Global Times | 2019/10/14 17:20:08

Q4 trade faces uncertainties but yearly performance will be stable: official

Chinese officials said that the fourth quarter of foreign trade will see a complicated environment, but the yearly performance will still be stable, backed by the optimized structure.
Source: Global Times | 2019/10/14 16:21:16