BUSINESS >> Markets

China mulls amendment to securities laws

A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of the National People's Congress Standing Committee, China's top legislature, for a third reading.
Source: Xinhua | 2019/4/20 13:49:44

Customs ratchet up publicity campaign against ivory-buying tourists

At the departure hall of the Changsha Huanghua Airport, milk-white bracelets, necklaces and chopsticks were placed on an azure velvet table. However, there were no price tags. Instead, a blackboard next to them indicated that they were ivory crafts seized by customs authorities.
Source: Xinhua | 2019/4/19 20:50:57

China's FX regulator vows wider opening of capital account

China's foreign reserve regulator vowed on Thursday to make further reforms that will benefit foreign investors in the year ahead, a move that is in line with the country's broad efforts to open up its financial market and create a favorable environment for overseas investors in China.
Source: Global Times | 2019/4/18 21:21:21

AmCham should evaluate business climate more objectively: MOFCOM

It is hoped that the American Chamber of Commerce in China (AmCham China) ought to evaluate China's market access and business environment for foreign investors in a more comprehensive, objective and fair manner, the Ministry of Commerce (MOFCOM) urged on Thursday.
Source: Global Times | 2019/4/18 20:48:17

New foreign investment law shows China's confidence, mature market: expert

The release of China's newly approved foreign investment law, which aims to protect overseas investment, showed the confidence of the country's system as well as the maturity of the Chinese market, an expert said on Thursday.
Source: Global Times | 2019/4/18 16:58:40

EU targets 20 bln U.S. goods for tariffs against subsidies to Boeing

The European Commission published on Wednesday for public consultation a list of U.S. goods worth 20 billion U.S. dollars that it might target for additional tariffs, as counter measures against what Brussels says are American subsidies to Boeing.
Source: Xinhua | 2019/4/18 11:06:18

China may buy more beef from Brazil: ambassador

China could agree to import more Brazilian meat after high-level talks set for May, the Chinese ambassador to Brazil has said, according to media reports.
Source: Global Times | 2019/4/17 15:22:41

China's fixed-asset investment up 6.3 pct in Q1

China's fixed-asset investment grew 6.3 percent year on year in the first quarter of 2019, 0.2 percentage points faster than the first two months, the National Bureau of Statistics said Wednesday.
Source: Xinhua | 2019/4/17 10:21:47

China's retail sales up 8.3 pct in Q1

China's retail sales of consumer goods rose 8.3 percent year on year in the first quarter of the year, official data showed Wednesday.
Source: Xinhua | 2019/4/17 10:20:24

Hegang a microcosm of China's rustbelt decline

Hegang, a declining city in Northeast China's Heilongjiang Province with bargain-basement home prices, is a microcosm of urban areas in Northeast China that were based on rustbelt heavy industries but now face a dual crisis of obsolete factories and population outflows.
Source: Global Times | 2019/4/16 21:58:40

China's central bank resumes cash injection into money market

China's central bank on Tuesday resumed open market operations to inject liquidity into the money market after suspension for 18 consecutive trading days.
Source: Xinhua | 2019/4/16 11:11:37

China, Japan make progress on lifting beef import ban: report

China and Japan have reached a substantial consensus on an animal health quarantine agreement, which is one of the conditions for lifting a ban on China's imports of Japanese beef, news site kyodonews.net reported on Monday.
Source: Global Times | 2019/4/15 21:13:40

China's largest trade fair opens with strong Belt and Road presence

The 125th China Import and Export Fair, also known as the Canton Fair, opened Monday in Guangzhou, capital of south China's Guangdong Province, with over half of companies attending its import fair hailing from Belt and Road countries and regions.
Source: Xinhua | 2019/4/15 14:39:15

China's Great Wall Motors mulling Australian expansion

Chinese automobile manufacturer Great Wall Motors (GWM) has unveiled its plans to expand at the Australian market.
Source: Xinhua | 2019/4/15 13:50:51

China to further expand financial sector opening-up: deputy central bank governor

China will further expand the opening-up of its financial sector "in a systemic manner at the institutional level," the deputy governor of China's central bank said in a statement released Saturday.
Source: Xinhua | 2019/4/14 7:43:16

China's 2nd CIIE to showcase high-end consumer goods

The second China International Import Expo (CIIE) to be held in November in Shanghai will introduce an exhibition on high-end consumer goods, organizers say.
Source: Xinhua | 2019/4/13 15:58:22

China is an engine of growth for PepsiCo: Ramon Laguarta

PepsiCo has been continuously investing and contributing to China's economic growth for almost four decades. PepsiCo was one of the first multinational companies to enter China. Together with its business partners, they have invested over 48 billion yuan over the last 12 years. PepsiCo has built a highly successful food and beverage business.
Source: Global Times | 2019/4/11 14:13:40

China's giant shoe manufacturer Huajian to pump investments in Egypt: minister

China's giant shoe manufacturer Huajian Group is expected to pump huge investments in Egypt's leather industrial area on the outskirts of capital Cairo, the Egyptian trade and industry minister said in a statement on Wednesday.
Source: Xinhua | 2019/4/11 8:20:44