BUSINESS >> Markets

China online food delivery market volume doubles in 2018: report

The volume of China's online food ordering and delivery market hit 441.5 billion yuan (65.8 billion US dollars) in 2018, up 112.5 percent year on year, according to an industry report.
Source: Xinhua | 2019/4/10 13:54:26

China set to eliminate Bitcoin, virtual currency mining

Bitcoin's price has been on a bull run this month, but the virtual currency could soon feel a chill from China, as government agencies and officials signal that they might further tighten their grip on mining and trading of virtual currencies.
Source: Global Times | 2019/4/9 16:18:41

China's EV market to sustain rapid growth in Q2: Fitch Ratings

China's electric vehicle (EV) market will continue to boom in the second quarter of 2019 despite subsidy cuts, according to the Fitch Ratings.
Source: Xinhua | 2019/4/9 15:18:15

China's Bilibili raises over 870 mln USD in latest offering of ADSs, convertible bonds

China's leading online video platform Bilibili Inc. raised about 872.6 million US dollars through its latest issuing of dollar-denominated equity shares and convertible bonds, the company said Monday, in its fresh efforts to solicit more growth capital in the equity market.
Source: Xinhua | 2019/4/9 15:12:27

China's central bank continues to skip open market operations

China's central bank continued to skip open market operations for the 14th consecutive trading day on Tuesday, citing abundant liquidity in the banking system.
Source: Xinhua | 2019/4/9 13:17:25

From Brussels to Balkans, Chinese premier visits Europe for closer ties

Chinese Premier Li Keqiang will travel to Europe on Monday for a series of high-level meetings to consolidate China-Europe cooperation at a time when changes and uncertainties are rattling the European continent.
Source: Xinhua | 2019/4/8 15:09:56

2019 Toronto Spring Motorcycle Show held in Canada

Source: Xinhua | 2019/4/8 10:32:18

March forex reserves rise to $3.099 trillion

China's foreign exchange reserves rose for a fifth straight month in March as growing optimism about the prospects for a US-China trade deal offset concerns over slowing economic growth.
Source: Reuters | 2019/4/7 21:33:40

China's software, IT service sector see stable revenue growth

The revenue of China's software and information technology (IT) service industry climbed 13.6 percent year-on-year in the first two months of the year.
Source: Xinhua | 2019/4/7 14:01:21

35th Int'l Book Fair of Tunis kicks off

Source: Xinhua | 2019/4/7 11:52:53

US soybean futures rise over 1 pct weekly on trade talks optimism

Chicago Board of Trade (CBOT) crop futures traded higher in the trading week ending on April 5, with soybeans adding over 1 percent, as the oil seeds were boosted by optimism over trade talks between the United States and China.
Source: Xinhua | 2019/4/7 8:58:25

Oil prices rise amid bullish job data, lower U.S. output forecast

Oil prices rallied on Friday, amid strong U.S. employment data, easing worries over weakening oil demand due to potential economic slowdown.
Source: Xinhua | 2019/4/6 20:07:19

Imports rise as China opens market wider

In a trading center in southwest China's Chongqing Municipality, ginseng produced in Wisconsin in the United States attracts a huge number of buyers.
Source: Xinhua | 2019/4/6 19:18:49

Overseas institutions racing into Chinese bonds market

Overseas institutions are racing into the Chinese bonds market lured by the country's continuous opening-up and steady economic growth.
Source: Xinhua | 2019/4/6 19:16:37

China, CEEC see steady trade growth

China and Central and Eastern European Countries (CEEC) saw steady trade growth last year as cooperation between the two sides strengthened.
Source: Xinhua | 2019/4/6 19:15:53

Chinese market "absolutely critical" to U.S., says state agricultural official

The Chinese market is absolutely critical to the United States, as it is not only huge but also full of potential, a U.S. state agricultural official has said.
Source: Xinhua | 2019/4/5 18:18:18

China to cut social insurance contributions of businesses by 300 billion yuan

China expects to slash the social insurance contributions of enterprises by over 300 billion yuan (about 44.6 billion US dollars) this year, an official said Thursday.
Source: Xinhua | 2019/4/5 17:15:44

China's heavy construction machinery company aspires for vigorous growth in US market

For SANY America, the US subsidiary of China's heavy construction equipment manufacturer SANY Group, it sounds quite ambitious to grow from an 80-million to 1-billion-US-dollar company in five years in a market that is "particularly mature" for excavators.
Source: Xinhua | 2019/4/5 17:13:53