BUSINESS >> Markets

S China's Guangxi sees robust trade with EU, US in H1

South China's Guangxi Zhuang Autonomous Region's foreign trade volume rose 24.8 percent year on year to nearly 227 billion yuan (about 33 billion US dollars) in the first half of 2019, with robust trade with the European Union (EU) and the United States.
Source: Xinhua | 2019/7/21 8:40:14

China unveils new financial opening-up measures

China announced Saturday a slew of new measures to further open up its financial markets, according to a meeting attended by the country's financial authorities.
Source: Xinhua | 2019/7/21 8:15:18

Chinese woodworking companies enthusiastic about exploring US market

Suzhou Far-East Abrasives Co. Ltd., a woodworking company based in east China's Jiangsu Province, drew quite a lot American clients as it participated in an international woodworking trade show in Las Vegas this week.
Source: Xinhua | 2019/7/21 8:08:03

Californian agriculture hardest hit by US-China trade friction: assemblyman

California's agriculture was "the hardest hit" in the ongoing US-China trade dispute, with the biggest drop in exports to China recorded, a state assembly leader said Wednesday.
Source: Xinhua | 2019/7/18 23:39:05

Intelligent plans

A Robotics and Intelligent Manufacturing Technology Pavilion in Hai'an, East China's Jiangsu Province is seen on Wednesday. The city aims to build a first-class robotics and intelligent industrial park, and it has 20 intelligent projects under construction. Photo: IC
Source: IC | 2019/7/18 20:58:40

Tesla cuts price for imported Model 3 to boost sales in China market

Tesla's latest price cut for its Model 3 cars further reduces the gap between its imported Model 3s and those to be made in China, which one expert said is meant to boost sales of the imported version while paving the way for further price cuts on cars made in China.
Source: Global Times | 2019/7/18 20:33:40

Proposed law on land appreciation tax to further regulate China's property market

A draft law covering China's land appreciation tax (LAT) will extend the current four-tier tax system and bring real estate built on collectively owned land within the scope of taxation.
Source: Global Times | 2019/7/18 20:18:40

FDI in Bangladesh: High growth rate worth celebrating but the tobacco deal begs questions

The growth of foreign direct investment (FDI) to Bangladesh by about 68 per cent ($ 3.6 billion) in 2018 compared with 2017 is an outstanding performance of the country. But compared to India ($42 billion) and Vietnam ($35.46 billion), the figure is still much low.
Source: The Financial Express | 2019/7/18 10:55:53

New tariffs will create obstacles for China-US trade consultations, says spokesperson

China has always advocated resolving economic and trade issues with the United States through dialogue and consultations and has always been sincere in such consultations, a Foreign Ministry spokesperson said here Wednesday.
Source: Xinhua | 2019/7/17 22:57:22

More 5G smartphones secure official certification, to usher in advent of 5G in China

The first batch of 5G-enabled smartphones have obtained the China Compulsory Certification (3C), one of the final stages for the official launch of 5G, according to a report by nbd.com on Tuesday.
Source: Global Times | 2019/7/17 20:08:24

China's increased gas imports from Russia could extinguish Australia's LNG export rise

The progress and functioning of Russia's Power of Siberia pipeline could be a bad omen for Australian liquefied natural gas (LNG) exports despite record volumes recorded in recent months.
Source: Global Times | 2019/7/17 18:38:40

Investors stay cautious on China's sci-tech board as investment values are murky

China's much-anticipated stock trading board for high-tech startups is off to a bounding start, as capital floods the new board with rising public anticipation for returns.
Source: Global Times | 2019/7/17 17:33:40

China sees no major manufacturing exit: top economic planner

China has not seen a large-scale exit in its manufacturing sector and is confident in attracting more foreign firms seeking long-term development, the top economic planner said Tuesday.
Source: Xinhua | 2019/7/17 12:31:37

IMF to start selecting new leader as Lagarde formally submits resignation

International Monetary Fund (IMF) Executive Board said Tuesday that it will initiate promptly the process of selecting the next managing director, after Christine Lagarde announced her resignation from the IMF position with effect from Sept. 12, 2019.
Source: Xinhua | 2019/7/17 11:53:05

Govt dismisses concerns over factory exodus

China's top economic planning agency Tuesday dismissed concerns over the supply chain relocation away from the country, dubbed the world's factory, saying the scale of the manufacturing sector relocation out of China is limited and its impact under control.
Source: Global Times | 2019/7/16 22:48:40

Netting a profit

A worker makes nets at a factory in Lianyungang, East China's Jiangsu Province on Tuesday. Nets for breeding, safety, catching crabs, capturing wind and badminton produced in the factory will be sold to countries and regions around the world. Photo: VCG
Source: VCG | 2019/7/16 19:53:28

Turkish cherries to take up bigger share in China as shipping time is shortened

Turkey is expected to boost cherry exports to China after the General Administration of Customs (GAC) adjusted the phytosanitary requirements on Turkish cherries on June 28.
Source: Global Times | 2019/7/16 19:33:40

China enhances auditing to evaluate officials' performance in fulfilling economic responsibilities

China has issued a revised regulation on auditing economic responsibilities of government and Communist Party officials and managers of state-owned enterprises.
Source: Xinhua | 2019/7/16 10:24:41