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."


China's yuan and stock market rally alongside good trade talks

Both the Chinese yuan against the US dollar and the local stock market rallied on Monday, following "substantial progress" achieved during the latest round of trade consultations between the US and China.
Source: Global Times | 2019/10/14 14:20:24

Prospect of China-US trade will just be like sunny weather in Beijing: spokesperson of Chinese customs

The growth prospect of 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 the General Administration of Customs (GAC), citing the latest sign of progress in trade talks.
Source: Global Times | 2019/10/14 13:50:46

China's soybean output increases, but still 80% reliant on imports

China's soybean production has increased 6.9 percent on a yearly basis, yet the output is still unable to meet market demand. Analysts say China is still 80 percent reliant on soybean imports.
Source: Global Times | 2019/10/14 12:23:39

China's pork imports rise nearly 44% from Jan-Sep

China's pork imports increased rapidly during the first three quarters of 2019, which an expert said is partially due to many domestic companies rushing to import pork for high profits.
Source: Global Times | 2019/10/14 12:15:17

Nation needs to prepare for all possible trade scenarios

Chinese analysts noted that some US elites' idea of containing China via a trade war had proven frustrating and unrealistic.
Source: Global Times | 2019/10/13 23:38:40

Ongoing construction

A construction worker works at Lhasa Kongga International Airport's Terminal 3 in Lhasa, Southwest China's Tibet Autonomous Region over the weekend. The concrete structure of the terminal has been capped after two years' building and workers will soon begin to create walls within a steel structure. Photo: VCG
Source: VCG | 2019/10/13 22:08:41

Unemployment may surge in HK: finance chief

Hong Kong Financial Secretary Paul Chan Mo-po on Sunday warned that unemployment in the city could surge, and he promised the government will aim to support grassroots workers, as well as small and medium-sized enterprises, to hedge against a “technical recession.”
Source: Global Times | 2019/10/13 21:58:41

Beijing Daxing International Airport to balance transport, tourism functions

Beijing Daxing International Airport will balance its dual functions of being a transportation hub and tourist spot in the future, a senior official from China's air transport regulator said over the weekend.
Source: Global Times | 2019/10/13 21:46:01

ZTE, Huawei issue domestic bonds

Chinese technology giants ZTE and Huawei have announced plans to issue bonds in the Chinese mainland after the Western financing environment turned tougher.
Source: Global Times | 2019/10/13 21:33:40

China-assisted Pokhara airport takes shape

The Pokhara Regional International Airport, a major undertaking of the Belt and Road Initiative that is under construction, will propel Nepal's tourism development and bring more income for South Asian countries, a project manager said.
Source: Global Times | 2019/10/13 21:23:40

Foreign delegates hail Beijing horticultural expo for green development

Overseas participants hailed China's green development concept highlighted in the International Horticultural Exhibition 2019 Beijing.
Source: Global Times - Xinhua | 2019/10/13 21:22:55

Wiping out poverty from the 'roof of the world'

Known as the "roof of the world," Tibet Autonomous Region in Southwest China is known for its picturesque plateau landscapes and splendid ethnic cultures. It is also one of the main grounds in China's nationwide campaign against poverty.
Source: Global Times | 2019/10/13 21:22:48

More Hong Kong companies scheduled to attend 2nd CIIE

The Hong Kong Trade Development Council (HKTDC) will lead 47 Hong Kong companies and institutions to attend the upcoming 2nd China International Import Expo (CIIE), which runs from November 5 to 10, the Xinhua News Agency reported.
Source: Global Times | 2019/10/13 21:09:44