BIZ

Overseas infrastructure expanding


China's investment in overseas infrastructure has expanded during the past five years from connectivity and energy to industrialization, with a notable growth in the buildup of soft infrastructure, a Chinese expert said over the weekend.

New age of recycling

After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste - piles of exhausted ...

The port integration period

China has been steadily promoting port integration over recent years by bringing the country's main ports into the arms of one provincial-level platform as a ...



Qudian raises $900m in IPO

China’s online micro-credit provider Qudian Inc raised $900 million in an IPO that priced above expectations, underscoring robust US investor demand for fast-growing Chinese companies.
Source: Reuters-Global Times | 2017/10/18 21:28:39

Treasury report declines to name China currency manipulator

The US on Tuesday declined to name China as a currency manipulator although it remained critical of the Chinese government’s economic policies ahead of a planned visit to the country by US President Donald Trump.
Source: Reuters-Global Times | 2017/10/18 21:28:39

Nation’s US Treasury holdings at highest level since July 2016

China has increased its holdings of US debt for a seventh consecutive month, exceeding the $100 billion level, according to data released by the US Department of Treasury on Tuesday.
Source: Global Times - Reuters | 2017/10/18 21:23:39

Nation on track to meet annual railway investment target: expert

China invested 453.6 billion yuan ($68.49 billion) in fixed assets in the railway sector in the first eight months of 2017, up 4.7 percent year-on-year, media reports said on Wednesday.
Source: Global Times | 2017/10/18 21:23:39

Yuan’s cross-border financial transactions to grow: China’s central bank

The yuan’s cross-border financial transaction will continue to grow as overseas countries have stronger willingness to hold it as a reserve currency and bilateral currency cooperation proceeds, according to a report published by the People’s Bank of China (PBC), the country’s central bank, on Tuesday.
Source: Global Times | 2017/10/18 21:18:39

B&R reshapes globalization

The China-proposed Belt and Road (B&R) initiative has reshaped the landscape of globalization and given more importance to emerging markets, and it will play an even more significant role in boosting global economic growth, experts said.
Source: Global Times | 2017/10/18 21:18:39

BMW high-voltage battery plant

BMW will open a high-voltage power battery factory in China on October 24, becoming the first domestic luxury auto maker to establish such a facility in the nation, news site yicai.com reported on Tuesday.
Source: Global Times | 2017/10/18 21:13:39

Smart marketing crucial: BCG report

Smart marketing will be a crucial issue for the Chinese banking industry as it faces challenges in making a transformation, a report released by consulting firm BCG showed on Wednesday.
Source: Global Times | 2017/10/18 21:13:39

Chinese company to export 100 wind turbines to German partner

A Chinese company on Wednesday signed a framework agreement with German wind turbine maker Senvion to supply 100 wind driven generators.
Source: Xinhua | 2017/10/18 19:40:40

The culture of Nuo Hotel Beijing

NUO Hotels celebrates the depth and richness of Chinese culture and shares it generously for the pleasure of guests in a contemporary way with the opening of its five-star flagship property - NUO Hotel Beijing. Located near Beijing’s 798 Art Zone, the pulse of China’s dynamic art movement, NUO Hotel Beijing is a contemporary showcase of unique design inspired by the “Golden Age” of the prosperous Ming Dynasty (1368-1644), and a perfect example of tradition blending in harmony with the future of contemporary China.
Source: Global Times | 2017/10/18 19:30:25

The 7th Longines Equestrian Beijing Masters concludes Sunday

Longines Equestrian Beijing Masters (LEBM) concluded Sunday, October 15 at the National Stadium, also known as the Bird’s Nest, in Beijing.
Source: Global Times | 2017/10/18 19:28:39

Business leaders in Germany celebrate Mid-Autumn Festival

More than 200 business professionals across Germany originally from East China’s Zhejiang Province got together in Siegburg to celebrate the Mid-Autumn Festival on October 12.
Source: Global Times | 2017/10/18 19:23:39

Grand opening for German Oriental Supermarket Darmstadt branch

The German Oriental Supermarket Darmstadt branch opened on October 12, and is located on the ground floor of Galeria Kaufhof GmbH, a household name in German department store chains, and located more than 20 kilometers from the city center of Darmstadt next to Frankfurt.
Source: Global Times | 2017/10/18 19:18:39