BUSINESS >> Insight

Port of Gwadar to support Pakistan's hopes of development, internationalization

For Muhammad Khan Niazi, his trip earlier last week to Gwadar, a small and remote port town in Pakistan's southwestern province of Balochistan, was an unbelievable one.
Source: Xinhua-Global Times | 2018/2/5 18:08:39

The intelligent manufacturing wave

The Chinese mainland, dubbed the world's factory for its labor-intensive manufacturing sector, is striving to reach an upper stage of the industrial chain by implementing a huge upgrading program.
Source: Global Times | 2018/2/4 18:08:39

Rising Airbus, Boeing deliveries to Chinese airlines show global confidence in country's aviation market

In less than a week, two of the world's biggest plane manufacturers, Airbus SE and Boeing Co, unveiled their yearly results for their Chinese businesses, with both companies showing strong confidence in, and determination to serve, the country's ever-growing aviation market.
Source: Global Times | 2018/1/25 17:58:40

Fast money mania points to bubble in China's financial sector: expert

In recent years, the world has been amazed by Chinese people's ability to make as well as spend money, but now, big risks are quickly emerging in relation to the accumulation and usage of private Chinese capital, as the rapid growth of Ponzi schemes and illegal fundraising platforms in the country have stolen the spotlight.
Source: Global Times | 2018/1/24 18:33:39

China's ice and snow industry embraces boom ahead of 2022 Beijing Olympic Games

On a cold and foggy Saturday afternoon, Yang Lin, a 16-year-old high school student living in Beijing, steps onto an ice rink in Chaoyang district as usual.
Source: Global Times | 2018/1/23 18:13:39

Women's growing purchasing power gives life to untapped domestic 'otome' market

How far away are you from being a princess and developing romantic relationships with a legion of rich, attractive and considerate male characters?
Source: Global Times | 2018/1/22 17:08:40

China's ever-maturing auto business continues to drive national car culture

Every now and then, Li Shuang stands by the window of her office and looks out over the incessant stream of traffic on the Third Ring Road of Beijing.
Source: Xinhua | 2018/1/21 17:23:39

McDonald's sets recycling goals for its packaging to aid customer requests

McDonald's Corp said Tuesday it is responding to its customers' top request by setting goals for switching to environmentally friendly packaging materials and offering recycling stations in all of its restaurants.
Source: Reuters-Global Times | 2018/1/17 16:13:40

China a top destination for increasing number of Vietnamese traveling abroad for Tet holiday

A middle-aged Vietnamese woman gazes at pop-ups on her laptop advertising outbound tours during Tet, Vietnam's New Year festival, which falls in mid-February following the lunar calendar like Chinese Lunar New Year.
Source: Xinhua - Global Times | 2018/1/17 16:13:39

Japan's fish catch quota not fair: experts

Fluctuations in Pacific saury catches throughout the year are a normal phenomenon, so it is unfair and ridiculous for Japan to blame its poor catch on China, experts say.
Source: Global Times | 2018/1/16 17:23:40

China's COFCO makes painful cuts in drive to lead global food trade

China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.
Source: Reuters-Global Times | 2018/1/15 18:03:40

City of London gets closer to China

The City of London Corporation (CLC) has announced that it will launch the "Asia Next Decade" campaign on January 25 to mark the 10th anniversary of its business operation in China and to help establish priorities in Asia for the coming decade, according to sources based in the City of London, the capital's central business hub.
Source: Global Times | 2018/1/14 18:18:39

Asset-backed securities market to slow

A boom in asset-backed securities issued by micro-lenders aiming to expand in China's fast-growing online credit market looks set to slow this year amid growing regulatory scrutiny.
Source: Reuters | 2018/1/8 17:28:39

Chinese telecom firms bring innovation to global submarine cable industry

Driven by the rapid development of telecommunications and the demand for high-speed internet, China's submarine cable network has maintained a strong growth momentum over recent years. And the network has even further room to grow as the global undersea cable market is projected to reach a value of $5.14 billion by 2021, according to global market consultancy firm Technavio. However, although Chinese companies have increased their presence on the global stage, obstacles remain.
Source: Global Times | 2018/1/7 17:33:39

China searches for solution after being hit by natural gas shortage

A natural gas supply shortage has hit China. While some industry insiders attribute the shortage to a government push that is accelerating a shift away from coal in households as well as factories, which in turn has driven up gas demand, others are blaming it on an unexpected dramatic cut in gas imports from Central Asian countries. But when it comes to China, experts have pointed out that a more important lesson should be learned this winter - to diversify gas import sources and build more gas storage houses so that national hunger for the substance does not happen again through 2018.
Source: Global Times | 2018/1/3 17:08:39

China's gateway to AI dominance at CES 2018

CES 2018, the world's largest tech trade show, will kick off in Las Vegas on Tuesday (US time). Artificial intelligence (AI), Internet of Things (IoT), virtual reality (VR) and smart devices are listed as long-awaited products to be showcased at this year's event. 2017 was the year of AI development, especially regarding the emergence of Chinese tech companies that had made major breakthroughs in the application of AI technologies. Some of those firms will debut at this year's CES, which is seen as the gateway for tech companies seeking expansion in new markets.
Source: Global Times | 2018/1/2 18:28:39

China roads ready to go green?

There was no immediate rush after the Ministry of Finance announced last week that it would extend a tax rebate on purchases of new-energy vehicles (NEVs) until the end of 2020.
Source: Global Times | 2018/1/1 18:03:39

Foreign manufacturers begin expanding into Chinese market to seize opportunities

Amid fierce competition among automotive battery manufacturers to win larger market shares, Toyota Motor Corp announced a partnership agreement with Panasonic Corp on Wednesday to begin studying the feasibility of a joint automotive prismatic battery business.
Source: Global Times | 2017/12/18 18:43:40