BUSINESS >> Insight

American cattle farmers pin hopes on China

On a chilly late March morning, Phil Ham and his two sons got up early for the biggest day of the year on their 1,700-acre (688 hectares) family farm in Forsyth, Georgia in the southern US.
Source: Xinhua-Global Times | 2019/4/9 18:13:41

Smart cars put China's auto industry on fast track

A vintage green vehicle sits in front of the exhibition center of Chongqing Chang'an Automobile Co. It is the first Jeep manufactured in China. Next to it proudly stands a brand-new car installed with an auto-pilot system, which hit the market in March.
Source: Xinhua-Global Times | 2019/4/8 18:08:39

US takes on China in electric vehicle push

US government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter.
Source: Reuters-Global Times | 2019/4/8 17:53:40

Heart over head, retail investors rush into bonds

When the major port and industrial hub of Ningbo in East China's Zhejiang Province sold China's first local government bonds to retail investors in March, an amount of $43 million was snapped up in just five hours.
Source: Reuters-Global Times | 2019/4/7 17:42:09

Key Croatian bridge project gets second chance

For Ivica Granic, an experienced Croatian civil engineer who has been involved in the country's infrastructure projects for the last decade, quitting his job to join China Road and Bridge Corporation (CRBC) temporarily was not an easy decision. But he made it nonetheless. It's all because of the Peljesac Bridge, the Chinese company's current project.
Source: Xinhua | 2019/3/26 18:08:40

Growing airlines re-evaluate 737 Max workhorse buys

The grounding of Boeing's global 737 Max fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.
Source: Reuters | 2019/3/17 16:18:40

Boeing in limbo

China's move to ground Boeing Co's 737 Max jetliners following the deadly Ethiopian Airlines crash has cast a shadow over the American planemaker's immediate hopes for a major jet order linked to a US-China trade deal, industry sources said.
Source: Reuters | 2019/3/17 16:18:39

Europe forges ahead with 5G

Imagine a robot that's smarter than you and can solve a Rubik's cube in three minutes, virtual reality glasses that enable you to enjoy immersive experiences in video gaming or a simulated live event that can be manipulated from a far distance.
Source: Global Times | 2019/3/3 20:10:01

Chinese parents invest in foreign properties for the chance of their child being admitted into university

As the gaokao, China's national college entrance examination and the biggest and most competitive test in the country, approaches, immigration companies are wasting no time advertising.
Source: Global Times | 2019/2/27 23:03:40

Factbox: Energy giants for more drilling

China's national oil companies are raising spending on domestic oil and gas drilling to the highest levels since 2016, responding to central government's call to boost national energy security.
Source: Reuters-Global Times | 2019/2/10 19:38:39

Tapping new discoveries

China's state energy giants are set to raise spending on domestic drilling this year to the highest levels since 2016, focusing on adding natural gas reserves in a concerted drive to boost local supplies.
Source: Reuters-Global Times | 2019/2/10 19:28:39

Robotic hotel

Gliding silently through Alibaba Group Holding's futuristic “FlyZoo” hotel, black disc-shaped robots about a meter in height deliver food and drop off fresh towels.
Source: Reuters | 2019/1/23 23:28:40

Why factory of the future will be in China?

Huawei's new production base in Songshanhu shows progress China made in industrial robotics, automation.
Source: Global Times | 2019/1/13 18:32:58

Homegrown avocados could replace Latin American imports in next three to five years: industry insiders

China's growing health-conscious middle class is fueling a rapid boom in the demand for avocado, which is dubbed as a “butter fruit” in China. Domestic farmers have been rushing to produce seedlings and grow avocado since 2017, aiming to capitalize on the rapidly expanding market, which is currently dominated by imports from Latin America. Do the latecomers have the ability to compete with the early starters? Some industry insiders argued that it would only take three to five years for homegrown avocados to replace the foreign imports in the Chinese market.
Source: Global Times | 2019/1/9 17:23:40

New video format generates huge profits for influential vloggers, equipment makers and platforms

Vlog, or video blog, has become a new trend among Chinese online celebrities recently, with many of them trying out the form of sharing daily lives to be more attached to their followers. While “normal people” are also ramping up efforts to accumulate popularity, in a bid to gain an early foothold in the booming industry. Moreover, eyeing the business opportunities, Chinese companies such as Tencent have also established new video platforms to attract vloggers, and equipment manufacturers also see their profits in the sector. It looks like a win-win business models for all involved.
Source: Global Times | 2019/1/8 19:13:40

Why PM Mahathir seeks to engage with China?

After his coalition won the election in May 2018, Malaysia's Prime Minister Mahathir Bin Mohamad declared that he would suspend several Chinese-funded projects.
Source: Global Times | 2019/1/7 18:38:39

Potato planting turns desert into land of fortune

A dry, rainless desert is a nightmare for most farmers, but adequate light and heat that come with it is a blessing for potato growers, as Zhu Hexiang has witnessed.
Source: Xinhua | 2019/1/7 17:33:42

China's consumption upgrading nurtures new e-commerce niche

For Tong Jun, a 32-year-old financial professional, price tags and brand names are no longer major concerns when making a purchase. Premium quality has the final say.
Source: Xinhua-Global Times | 2019/1/7 17:32:00