BUSINESS >> Markets

China's supply of oil stable after attack on Saudi Aramco

China's oil supply remains stable despite the Saturday attack on Saudi production facilities that sent oil prices soaring and would further interrupt global supplies, as the country has made increased efforts to diversify imported sources and boost the development of new energy, analysts said on Monday.
Source: Global Times | 2019/9/16 14:25:51

Hainan unveils negative list to ban low-end manufacturing

Authorities in South China's Hainan Province unveiled a negative list of industries on Monday, including energy-intensive sectors that produce heavy emissions and low-end manufacturing. The move will accelerate the building of a world-class free trade zone (FTZ) and attract foreign investment, according to experts.
Source: Global Times | 2019/9/16 19:18:39

Companies return to Hong Kong IPOs

The gradually stabilizing situation in Hong Kong is one reason that companies are resuming IPOs on the Hong Kong bourse, analysts said on Sunday.
Source: Global Times | 2019/9/15 22:38:39

LSE rejection a wake-up call to HK

The London Stock Exchange's (LSE) resounding rejection of Hong Kong Exchanges and Clearing's (HKEX) merger proposal, which essentially killed the deal, is a wake-up call to the city where the economy and social order have been damaged by riots and unrest, according to analysts.
Source: Global Times | 2019/9/15 22:23:39

US stocks extend moderate gains amid hopes for growth, various data

US stocks wrapped up the week on an upbeat note with mild gains, as the market was underpinned by a batch of multiple data, and Wall Street digested the European Central Bank's (ECB) fresh monetary decision, as well as the latest development on US-China trade scenario, fueling hopes for global economic growth.
Source: Xinhua | 2019/9/15 14:50:43

China remains strong magnet for foreign investment

China's latest foreign direct investment (FDI) data have testified the country's stronger appeal to foreign investors who have shown widespread optimism in a fast-growing market.
Source: Xinhua | 2019/9/15 14:38:45

50-day countdown, global businesses continue to benefit from CIIE

In a small town with a population of less than 320,000 in northwest China, Wang Gang was surprised to find the same imported milk brand he saw at the first China International Import Expo (CIIE) last November.
Source: Global Times | 2019/9/15 9:21:12

HKEX doesn't give up its merger bid with LSE amid doubts

Hong Kong Exchanges and Clearing (HKEX) doesn't give up its proposal to merge with London Stock Exchange (LSE), even after the proposal was roundly rejected by the latter and widely doubted by analysts.
Source: Global Times | 2019/9/14 16:13:20

Majority of US CFOs think US trade policy negative for businesses: survey

Some 65 percent of US chief financial officers (CFOs) believe that US trade policy will be negative for their businesses over the next six months, a new survey released on Friday showed.
Source: Xinhua | 2019/9/14 8:53:12

China removes QFII and RQFII quota limits for full access to equity market

The Chinese government has entirely removed the equity investment quota limits for overseas institutional investors, as the country speeds up measures for its financial opening-up.
Source: Global Times | 2019/9/10 20:53:40

China-made cruiser sets sail for polar tour

The Greg Mortimer, China's first self-made cruise ship for polar expeditions, set sail for the southern Argentine city of Ushuaia Monday before launching its South Pole voyage.
Source: Xinhua | 2019/9/10 10:21:48

US consumers complain about new tariffs on Chinese goods: importer of garlic, ginger

A 20-30 percent rise in the price of basic cooking ingredients like garlic and ginger across the United States, which stemmed from the administration's trade friction with China, has earned heavy complaints and doubt about the government's trade policy, a garlic and ginger importer told Xinhua recently.
Source: Xinhua | 2019/9/9 13:57:07

Robots get into the groove at AI summit

Robots dancing at the first China-ASEAN Artificial Intelligence Summit held in Nanning, capital of South China's Guangxi Zhuang Autonomous Region on Saturday. More than 100 firms displayed cutting-edge intelligent technology and appliances for people's daily lives in the 5G era, and attendees could have a try. Photo: VCG
Source: VCG | 2019/9/8 20:38:39

Meat imports surge to ease pressure from tight pork supply

China's meat imports, including pork and beef, have surged in the first eight months of the year, national data showed on Sunday.
Source: Global Times | 2019/9/8 20:33:39

Chinese retail giants see sales rise to over 7 trillion yuan

The sales volume of China's top 100 retail giants surpassed 7 trillion yuan ($983.75 billion) for the first time in 2018, with seven among 100 firms hitting a sales volume of over 100 billion yuan, industry data showed on Saturday, hinting that the country's retail market is unleashing more potential amid the consumption upgrade trend.
Source: Global Times | 2019/9/8 19:33:39

Authorities launch new measures to stabilize pork prices ahead of Mid-Autumn Festival

Authorities across different cities in China have announced new measures in recent days to ensure pork supply and stabilize pork prices ahead of the upcoming Mid-Autumn festival holidays, an uptick demand season, after the country's price of pork sees a costlier ride amid an outbreak of African swine fever.
Source: Global Times | 2019/9/8 17:48:39

Hong Kong catering group Maxim's wins respect in Chinese mainland, in sharp contrast with Taipan

Hong Kong-based restaurant chain Maxim's Caterers and its leader's firm patriotic stance have been drawing rising support in the Chinese mainland, which derived a striking contrast with another Hong Kong bakery Taipan Bread & Cakes which faced a boycott due to its board member's pro-riot stance.
Source: Global Times | 2019/9/8 17:28:40

Experts say China, US have plenty to gain from closer cooperation

The call for decoupling Chinese and US economies is detrimental to both sides and the two countries should go back to the negotiating table and resolve disputes on the basis of cooperation and mutual trust, experts said.
Source: Xinhua | 2019/9/8 15:32:37