BIZ

Women's growing purchasing power gives life to untapped domestic 'otome' market


How far away are you from being a princess and developing romantic relationships with a legion of rich, attractive and considerate male characters?


US blacklist lacks 'objectivity'

The Chinese government and domestic enterprises have strengthened efforts to protect intellectual property rights (IPR) and hope that this can help address bilateral disputes with the US, a Chinese trade official said Thursday.
Source: Global Times | 2018/1/18 21:58:40

GAC Motor lands in Cuban rental sector

Chinese carmaker Guangzhou Automobile Group Motor (GAC Motor) on Wednesday presented its vehicles to a tourism-related company in Cuba as part of the broad bilateral economic and commercial cooperation.
Source: Global Times-Agencies | 2018/1/18 21:53:40

Naura's US semiconductor deal approved

Beijing-based Naura Microelectronics Equipment Co has completed a deal to buy US semiconductor manufacturing equipment company Akrion Systems LLC, in a rare instance of the US government approving such an acquisition, attorneys for Naura said on Wednesday.
Source: Global Times-Agencies | 2018/1/18 21:53:40

Apple capital repatriation raises concerns in China, experts say

Apple Inc's move to bring hundreds of billions of dollars in overseas cash back to the US has raised concerns in China whether the US technology giant will also reshore some of its technology and factories, which would hit the growth of Chinese regions where many companies make iPhones, experts said.
Source: Global Times | 2018/1/18 21:53:39

New wave of Chinese IPOs heads to US

With the US market still riding high and China's internet sector continuing to grow, a fresh wave of Chinese IPOs is expected in the US this year, Chinese analysts said.
Source: Global Times | 2018/1/18 20:23:39

Lust for luxury

A woman walks past a luxury handbag billboard in Shanghai on Wednesday.
Source: VCG | 2018/1/18 17:48:40

Seoul discusses crypto closure

South Korean policymakers joined the global chorus of virtual coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.
Source: Reuters-Global Times | 2018/1/18 17:43:40

Banking gains drag stocks to 2-year high

Chinese stocks climbed on Thursday to end at two-year highs, underpinned by robust gains in banking and infrastructure firms.
Source: Reuters - Global Times | 2018/1/18 17:43:40

China iron ore futures bounce back after five-day slide on firmer steel prices

Chinese iron ore futures edged higher on Thursday as firmer steel prices helped the raw material rebound after a five-day slide, with coking coal prices also recovering.
Source: Reuters - Global Times | 2018/1/18 17:43:39

China's power generation grows faster in December

China's power generation saw faster growth in December than November, with electricity from most clean energy sources expanding at a rapid pace, official data showed Thursday.
Source: Xinhua | 2018/1/18 16:57:44

Malaysia's 2018 car sales expected to grow 2 pct on year: trade minister

Malaysia's total automotive sales volume this year is expected to grow 2 percent year-on-year to reach between 586,000 and 591,000 units, said the country's International Trade and Industry Ministry (MITI) Thursday.
Source: Xinhua | 2018/1/18 16:42:23

Chinese e-commerce giant to invest 20 billion yuan in NE China

Chinese e-commerce giant JD.com plans to invest more than 20 billion yuan (3.1 billion US dollars) in the "rust belt" northeast China over the next three years.
Source: Xinhua | 2018/1/18 16:38:35

More Chinese airlines move to allow smartphones onboard after rules change

More and more Chinese airlines are opening onboard Portable Electronic Device (PED) services, with China Southern Airlines and Xiamen airlines saying they will allow passengers to use their smartphones and other devices during flights starting from Friday, the companies said on Thursday.
Source: Global Times | 2018/1/18 16:22:50