BIZ

CPI rises to seven-month high, indicating reasonable inflation and economic resilience


China's September CPI indicates a “moderate inflation” trend that reflects China's “economic tenacity,” experts told the Global Times on Tuesday.


Chinese company shares desertification control experience with Morocco

China Elion Resources Group signed on Thursday a Memorandum of Understanding (MoU) with the government of the Oriental Region of Morocco in Oujda to curb desertification in that region.
Source: Xinhua | 2018/10/12 18:17:30

China's trade with the US up 6.5% in the first 3 quarters despite trade tensions

China's foreign trade has advanced steadily despite some impact caused by trade tensions with the US, a Chinese official said on Friday.
Source: Global Times | 2018/10/12 12:49:37

U.S. stocks extend losses amid data, rates

U.S. stocks extended deep losses in volatile trading on Thursday, a day after three major indices plunged more than 3 percent amid fears for rising interest rates and a sell-off in tech shares.
Source: Xinhua | 2018/10/12 9:31:46

China's development stems from reform and opening-up: MOC

China's development stems from its continued efforts to advance reform and opening-up, the Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2018/10/12 9:22:37

Facebook removes 559 pages for violating rules against spam, misinformation

Facebook said Thursday it had taken down 559 pages and 251 accounts for violating its rules against spam and fake news in the latest move to fight misinformation on its platform.
Source: Xinhua | 2018/10/12 9:05:11

Indian markets close lower

Indian markets closed lower Thursday as benchmark indices were trading under pressure in the final hour of trade. All the sectoral indices were trading in the red.
Source: Xinhua | 2018/10/12 0:46:06

China unveils 'market-oriented' plan to boost consumption: analyst

A State Council policy issued on Thursday aimed at further unleashing Chinese people's spending power will serve together with other policies such as the reduction of banks' reserve ratios to stabilize growth, a Chinese analyst said.
Source: Global Times | 2018/10/11 23:03:42

A shares react to US sell-off

Chinese mainland stock markets took a nosedive Thursday with nearly 1,000 stocks slumping by the trading limit, triggered by an overnight rout on Wall Street.
Source: Global Times | 2018/10/11 22:53:42

China's State Council unveils plan to further tap consumption potential

The State Council, China's cabinet, announced on Thursday a public plan to improve the mechanisms for promoting household consumption between 2018 and 2020.
Source: Xinhua | 2018/10/11 22:53:40

German carmakers increase China presence despite tariff risk

German automakers have been increasing their footprints in China despite the escalating trade war with the US, which experts said reflects China's efforts to improve the foreign investment climate and promote the electric vehicle (EV) market.
Source: Global Times | 2018/10/11 22:48:42

China makes fast progress in scientific drive: Nobel Physicist

The development of China's scientific research has been marked by speed and quality, especially in the past five years, and the economic and social benefits will follow soon, Gerard Mourou, 2018 Physics Nobel Prize winner, said in Beijing on Thursday.
Source: Global Times | 2018/10/11 22:48:40

Tighter US investment rules to help China: analysts

Tightened rules on investment in the US in so-called sensitive sectors, potentially targeting Chinese merger and acquisition deals (M&A), might have a silver lining in terms of boosting China's domestic capacity in such areas, experts said on Thursday.
Source: Global Times | 2018/10/11 22:43:42

Smart transport system

Hunan University in Central China's Hunan Province has launched an innovation initiative to develop a smart urban public transport system, according to Thursday's Science and Technology Daily.
Source: Xinhua | 2018/10/11 22:38:43