BIZ

China Unicom leading SOE reform


China’s mixed-ownership reform in State-owned enterprises (SOEs) has made steady progress in recent months, illustrated by China Unicom’s plan for a 78 billion yuan ($11.69 billion) stake sale involving high-profile investors including Tencent, Baidu and Alibaba.

Real estate stabilization

Beijing authorities are mulling over new homes that will be owned jointly by the government and individuals to help first-time home buyers get onto the ...

Let’s breed

The donkey is more than just a mode of transport in some less economically developed countries. Its skin can be used to produce ejiao, a ...



China releases guideline to raise logistics sector efficiency

The State Council, China's cabinet, on Thursday released a guideline for reducing the cost and raising the efficiency of the logistics sector.
Source: Xinhua | 2017/8/17 17:26:53

Walmart and PepsiCo support Nutritious Meals program

Walmart China (Walmart) and PepsiCo Greater China Region (PepsiCo) announced on August 17 that they will support the Nutritious Meals program initiated by the China Foundation for Poverty-Alleviation (CFPA) to improve the nutritional status of students in impoverished areas by consumer engagements.
Source: Global Times | 2017/8/17 14:48:39

The Ritz-Carlton holds Singaporean food festival

To commemorate the 52nd National Day of Singapore, from August 16 to 23 guests can experience the true meaning of “Shiok” at Foods’ Sensational Singapore Food Festival at The Ritz-Carlton, Guangzhou.
Source: Global Times | 2017/8/17 14:43:39

2017 A Midsummer Night’s Dream Wedding Fair opens

The Ritz-Carlton, Tianjin successfully held an eye-catching summer wedding fair on August 6.
Source: Global Times | 2017/8/17 14:43:39

China central bank pumps money into market

China's central bank conducted cash injection via open market operations to ease liquidity on Thursday.
Source: Xinhua | 2017/8/17 14:20:40

IMF official says China's growth momentum gives policymakers room to accelerate reforms, address risks

China's strong growth momentum is expected to help the country achieve safer and more sustainable growth over the medium and long term, a senior official at the International Monetary Fund (IMF) has said.
Source: Xinhua | 2017/8/17 14:20:19

S. Korea's foreign currency deposits rise to 69.11 bln USD in July

Foreign currency deposits in South Korea rose to 69.11 billion US dollars last month due to an increase in US dollar deposits owned by companies, central bank data showed Thursday.
Source: Xinhua | 2017/8/17 13:33:22

Philippine economy grows 6.5 percent in second quarter

The Philippine economy grew 6.5 percent in the second quarter of this year, the government announced on Thursday.
Source: Xinhua | 2017/8/17 13:06:13

Twitter suspends neo-Nazi news website account

Twitter Inc. has suspended the account belonging to The Daily Stormer, an American neo-Nazi and white supremacist news and commentary website.
Source: Xinhua | 2017/8/17 13:05:41

China Unicom withdraws filings of mixed-ownership reform

State-owned mobile service provider China Unicom has so far withdrawn three filings involving the participation of strategic investors for its mixed-ownership reform which the company sent to the Shanghai Stock Exchange and Hong Kong Stock Exchange on Wednesday.
Source: Global Times | 2017/8/17 12:36:08

Chinese, South African railway firms exploring new cooperation

A worker pour sand into the sandbox of a locomotive at the Pyramid South station, north of Pretoria, South Africa, on July 27, 2017. 305 of the 554 locally assembled locomotives have been delivered to South Africa since October 2012 when the South Africa state rail company Transnet contracted the Chinese Zhuzhou Electric Locomotives Company under the Chinese locomotive manufacturer CRRC to supply first 95 locomotives.
Source: Xinhua | 2017/8/17 11:13:45

Trump attacks Amazon for taxes, jobs

US President Donald Trump criticized online retail giant Amazon over taxes and jobs in a tweet on Wednesday.
Source: Xinhua | 2017/8/17 10:41:31

Japan logs goods trade surplus of 3.8 billion USD in July as exports rebound

Japan logged a goods trade surplus in July of of 418.8 billion yen (3.8 billion US dollars), the Finance Ministry said Thursday.
Source: Xinhua | 2017/8/17 9:33:41