BIZ

Yiwu entrepreneurs outsmart Trump tariffs


Entrepreneurs in Yiwu, East China's Zhejiang Province, who are particularly adept at overseas trade, are using such tactics as small-volume exports and shifting the focus of their trade to fend off the blows of rising tariffs on exports to the US.


China builds largest credit reporting system

China has built the world's largest credit reporting system, which will serve as a basic information provider for the construction of a nationwide social credit system that helps trace individuals' economic activities, restrict defaulters' moves everywhere and build China into an honest society, officials and analysts told the Global Times on Friday.
Source: Global Times | 2019/6/14 13:17:02

US-provoked trade frictions cannot hinder China's development, says expert

The US-provoked trade war cannot hinder China's development, and the world also needs China's development, an expert told Xinhua in a recent interview.
Source: Xinhua | 2019/6/14 11:43:41

Chinese-made electric buses facilitate green mass transit in Argentina

Cherry-red Chinese-made electric buses have facilitated green mass transit in two key regions of Argentina -- the capital Buenos Aires and the western Mendoza province.
Source: Xinhua | 2019/6/14 11:11:43

Over 600 US companies, associations warn White House against tariff hikes on China

A total of 661 US companies and associations have signed a letter to President Donald Trump, urging his administration to abandon tariff hikes and reach a deal with China, a US nationwide anti-tariff campaign said Thursday.
Source: Xinhua | 2019/6/14 11:06:39

China raises anti-dumping duties on alloy-steel pipes from US, EU

China's Ministry of Commerce (MOC) announced Friday that it will raise anti-dumping duties on imports of alloy-steel seamless pipes from the United States and the European Union.
Source: Xinhua | 2019/6/14 10:40:46

California almond industry calls for quick solution to US-China trade frictions

The almond industry in the western US state of California is calling for a quick solution to the trade frictions between the United States and China ahead of another record harvest this year.
Source: Xinhua | 2019/6/14 10:27:09

China's CPI further expands to 2.7 pct in May

China's consumer price index (CPI), a main gauge of inflation, accelerated to 2.7 percent year on year in May, the National Bureau of Statistics (NBS) said Wednesday.
Source: Xinhua | 2019/6/14 9:57:49

Africa to benefit from China-Africa trade expo: Zambian experts

African countries stand to benefit immensely from the first ever China-Africa Economic and Trade Expo scheduled to held later this month in China, Zambian business and economic development experts have observed.
Source: Xinhua | 2019/6/14 9:26:48

Israeli smart mobility startups lure global automotive players

Hundreds of Israeli startups showed their best transport technologies in front of buyers, and potential partners from the global automobile industry, at a major smart mobility event.
Source: Xinhua | 2019/6/14 8:56:16

Oil in choppy trade amid Middle East tensions, dimming demand outlook

Oil prices saw volatile trading this week as escalating Middle East tensions and dimming demand forecasts have brought more uncertainties to the market.
Source: Xinhua | 2019/6/14 8:55:16

Trump's combative diplomacy a threat to world economy, say observers

In the latest chapter of turbulent ties between Mexico and the United States, US President Donald Trump proved to be a rash decision-maker who uses trade sanctions to score electoral points, despite its impact on the global economy, observers have said.
Source: Xinhua | 2019/6/14 8:34:09

Educational revenue next predicted casualty in US-China trade war

American educational experts are concerned that declining relations with China will have a negative financial impact on US colleges and universities.
Source: Xinhua | 2019/6/14 8:31:57

Nation hottest global investment destination

China remains the hottest investment destination in the world thanks to its complete industrial system and promising consumer market, Gao Feng, the spokesperson for the Ministry of Commerce, said at a press briefing on Thursday in Beijing, rebutting reports that US tariffs are causing some companies to leave China.
Source: Global Times | 2019/6/13 23:33:40