BIZ

China pushes listed companies to strengthen Party building


The government is pushing domestically listed companies to strengthen Party building and to participate in construction of an ecological civilization, according to an amendment on governance regulations for domestically listed companies.


China's tea industry needs branding, strategy shift to boost profits

China has been the largest tea producer in the world for 13 consecutive years and was also the largest exporter in 2017, but experts have said that the lack of big domestic brands and other factors mean that the Chinese tea industry is not as strong as it should be.
Source: Global Times | 2018/6/12 23:18:40

China eases QFII, RQFII restrictions to open up market

China said Tuesday that it will ease restrictions on foreign institutional investors in a step to open its financial market.
Source: Global Times | 2018/6/12 23:13:41

Dandong excited about Trump-Kim summit, some concerns remain

For residents of Dandong in Northeast China's Liaoning Province, which sits on the China-North Korea border, the historic meeting between US President Donald Trump and North Korean leader Kim Jong-un could have huge economic significance.
Source: Global Times | 2018/6/12 23:13:40

Myanmar port financing concerns dismissed

Concerns that a planned deepwater port near the town of Kyaukpyu in Myanmar may drag the country into debt are excessive because the plan has not yet been finalized, a Myanmar official said recently.
Source: Global Times | 2018/6/12 23:08:40

ZTE to resume trading, replace board members

China's telecommunication giant ZTE said it will resume trading at the Shanghai and Hong Kong bourses on Wednesday after reaching agreements with the US government ending a US ban on selling it parts and software, paying fines of $1.4 billion.
Source: Global Times | 2018/6/12 22:53:40

Fairer environment for China's manufacturing workers is urged following reports criticizing Foxconn

While Foxconn said it is conducting a full investigation of working conditions in its Hengyang plant in Central China's Hunan Province after a US watchdog disclosed its "unethical" and "illegal" labor practices, a Chinese labor expert has urged better conditions for factory workers so they can enjoy the achievements that China's reform and opening-up produced over the past four decades.
Source: Global Times | 2018/6/12 22:23:40

CK Life drops farm deal

Hong Kong-listed CK Life Sciences Int'l (Holdings) Inc, an agricultural and healthcare company, said it had terminated the acquisition of a farm asset on May 31.
Source: Global Times | 2018/6/12 22:18:40

Flex sets up innovation facility in Shanghai

Singapore-based intelligent solutions provider Flex has announced the opening of its new Shanghai Design and Innovation Center, which the company said is an important part of its global research and development (R&D) ecosystem.
Source: Global Times | 2018/6/12 22:18:40

Huawei back in Brazil

Chinese telecommunication giant Huawei has announced a partnership with Brazilian consumer electronics manufacturer Positivo as core to its return to the local smartphone market, industry portal zdnet.com reported on Tuesday.
Source: Global Times | 2018/6/12 22:13:42

China's fast-growing mobile economy sparks employee complaints

China's booming mobile economy, while bringing convenience to people's daily lives, has also led to complaints from workers in the sector about falling incomes and worsening work conditions, which some industry insiders said showed a need for legislation for protecting workers in the new economy.
Source: Global Times | 2018/6/12 22:03:40

China's top flight-tracking app's social functions trigger controversy over privacy

A Chinese flight-tracker app's new social features came under fire on Tuesday after users criticized it for violating user privacy, highlighting increasing sensitivity toward the use of private data in China.
Source: Global Times | 2018/6/12 22:03:40

China open to enhancing international cooperation in autonomous driving: Premier Li

China remains open to development of advanced manufacturing by other countries and is willing to enhance international cooperation in autonomous driving and other fields, Chinese Premier Li Keqiang said.
Source: Xinhua | 2018/6/12 21:06:02

China eases restrictions on institutional investor programs

China said Tuesday that it would ease restrictions on foreign institutional investors in a step to open its financial market wider.
Source: Xinhua | 2018/6/12 20:10:15