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Railway reveries

When he was a child, Vijayakumar Sundar often built trains and railways with his toys. But it was almost impossible for him to imagine that one day his dreams of becoming a train manufacturer would actually come true thanks to a Chinese company, building trains that run across Malaysia.
Source: Xinhua-Global Times | 2018/4/9 18:33:39

Stuck in the middle

US President Donald Trump said on Thursday he had asked the US Trade Representative (USTR) to consider slapping $100 billion worth of additional tariffs on China, a dramatic move that threatens to undermine the global trade system.
Source: Xinhua-Global Times | 2018/4/8 18:08:39

Chinese investors 'dig gold' at Oscars

For Chinese film investors, this year marks an Oscar award milestone - Hollywood's highest honor.
Source: Global Times | 2018/3/14 17:38:39

Proposals from energy sector delegates at two sessions highlight pressing issues

The year 2018 is set to be a big year regarding the performance of China's energy sector, as the past few months have already seen a number of "firsts" and with that trend forecast to continue through to December.
Source: Global Times | 2018/3/13 16:43:39

B&R drives sustainable development in Asia

For 34-year-old Pakistani Fazal Raheem, joining a coal-fired power plant project in 2015 at Port Qasim in the city of Karachi was a "life-changing thing" for him as well as his family.
Source: Global Times | 2018/3/12 17:53:39

The Chinese farmer 'who married a European prince'

Li Shufu, founder of Zhejiang Geely Holding Group, is a rising star in the global auto industry, with his scores of international deals prompting competition concerns in the West and drawing substantial praise in China. Though Li is currently jumping many hurdles in the West, people who know him well say he is a man on a global mission to save the traditional auto manufacturing industry.
Source: Global Times | 2018/3/11 19:53:39

Aspiring women entrepreneurs flock from all over to find success in China's prosperous capital

On the occasion of International Women's Day, the Global Times spoke with a diverse pool of Beijing-based businesswomen and “one-woman show” start-ups to gauge the city's climate for women entrepreneurs. Women noted a number of reasons for their Beijing business adventures, with many citing market gaps and passion to introduce their culture to China. Thanks to the country's continuous opening-up policy and encouragement of foreign investment, its capital's business ecosystem is increasingly cultivating opportunities for the world's aspiring women entrepreneurs, which experts say is not only the “right thing to do,” but also the “smart thing to do.”
Source: Global Times | 2018/3/7 21:03:40

Amid liquidity concerns, HNA Group's aviation fuel bill hits $476m: sources

China's HNA Group has amassed an estimated 3 billion yuan ($476 million) bill with a State-run aviation fuel company, two oil industry sources said, underscoring how a deepening cash crunch is plaguing core operations at the conglomerate.
Source: Reuters-Global Times | 2018/3/1 17:03:40

Online giants scramble for offline retail

The flames of the commercial war between China's major online companies are now spreading to the offline territory, as they scramble for business opportunities in physical store sales.
Source: Global Times | 2018/2/28 18:13:40

As domestic wine industry struggles, companies seek better quality, look overseas to upgrade

With the return of CCTV's A Bite of China, one of China's most popular cooking documentary series, French wine brand Château de Pic has become an instant hit thanks to the company paying a naming right fee of 118 million yuan ($18.69 million) to the news outlet.
Source: Global Times | 2018/2/27 20:13:40

40 years on: China's opening-up generates unprecedented purchasing powers

Decades ago, China was basically a self-sufficient country, and the products on its marketplace were largely dull and limited. But its reform and opening-up policy initiated in 1978 has dramatically changed the country's economic landscape, bringing in a wealth of overseas goods and services, not to mention creating one of the largest drivers of global economic growth - Chinese consumers.
Source: Xinhua-Global Times | 2018/2/26 16:38:39

Govt's crackdown on air pollution ignites decline in firework exports, impacting local businesses

The upcoming Spring Festival may after all not bring much happiness to the country's firework and firecracker producers and traders compared to previous years.
Source: Global Times | 2018/2/13 17:48:39

Israeli start-ups turn from US to Asia for vast funding, market potential

Israeli start-ups are beginning to turn their attention to the Asian market, especially to China and India, due to the region's quickly expanding middle-class demographic.
Source: Xinhua-Global Times | 2018/2/5 18:13:39

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