BUSINESS >> Markets

China's soybean, pork imports from US slump amid trade friction

Affected by the China-US trade friction, China's soybean and pork imports from the United States fell heavily while those from other countries posted significant growth, the Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2019/6/6 23:38:42

China moves to boost consumption of new energy vehicles

China has released a guideline to encourage the consumption of new energy vehicles (NEVs) to promote high-quality development of the sector and form a strong domestic market.
Source: Xinhua | 2019/6/6 20:07:08

Global oil prices to swing amid trade tensions, changing US, OPEC supplies

Global oil prices are expected to teeter for the remainder of the year, as trade tensions and US crude inventories buildup continue to incur losses, yet output cut efforts by OPEC and its allies (OPEC+) would underpin the market, according to analysts at the world's leading investment banks.
Source: Xinhua | 2019/6/6 20:05:28

FAO Food Price Index rises for fifth straight month, dairy prices main driver again

World food prices climbed for the fifth consecutive month in May, rising 1.2 percent compared to April, according to information released Thursday by the United Nations Food and Agriculture Organization (FAO).
Source: Xinhua | 2019/6/6 19:32:57

China's unreliable entity list to protect healthy market behavior

China's unreliable entity list is being prepared and will soon be released to ensure healthy market operations in China, Gao Feng, spokesperson of the Ministry of Commerce, said at a press conference on Thursday.
Source: Global Times | 2019/6/6 18:24:48

Green light on 5G commercial use to fast-track China's connected future

China officially approved 5G commercial services Thursday, marking the start of a smart new era as the application of the superfast wireless technology helps connect more things, services and market players.
Source: Xinhua | 2019/6/6 16:55:38

India's central banking institution cuts repo rate to 5.75 pct

India's central banking institution - Reserve Bank of India (RBI) Thursday announced a reduction in repo rate by 25 basis points to 5.75 percent.
Source: Xinhua | 2019/6/6 16:18:44

China's central bank injects liquidity into market

China's central bank on Thursday injected fresh funds through open market operations to keep liquidity stable.
Source: Xinhua | 2019/6/6 11:17:36

China sends positive messages in white paper on trade, says U.S. expert

China's white paper on China-U.S. economic and trade consultations sent firm and positive messages at a crucial junction of the bilateral trade relations, a U.S. expert on China has said.
Source: Xinhua | 2019/6/5 17:33:10

Russia's agricultural products selling hot in China

Every day long queues of trucks loaded with Russian wheat flour, rapeseed and other farm produce can be seen waiting to deliver goods to China on the Russian side of China's land checkpoint of Manzhouli.
Source: Xinhua | 2019/6/5 17:22:59

China-US trade war could embroil the financial sector: economist

China should stay alert about the possibility of the US-China trade war escalating to embroil the financial sector and insist on market-driven financial reforms to enhance the China's monetary market stability, a prominent Chinese economist warned on Wednesday.
Source: Global Times | 2019/6/5 16:12:03

Female sex toys are gaining popularity among Chinese women

A Shanghainese woman F (alias) and her boyfriend entered an adult store along the city's Julu Road, and they later left with a newly purchased vibrator. It was August 8, 2018, F's 26th birthday. That day she got her first sex toy. “My boyfriend bought it for me, and I tried it that night,” F, a Shanghai-based company project manager, recalled.
Source: Global Times | 2019/6/4 18:53:39

Female sex toys are gaining popularity among Chinese women

A Shanghainese woman F (alias) and her boyfriend entered an adult store along the city's Julu Road, and they later left with a newly purchased vibrator.
Source: Global Times | 2019/6/4 18:43:40

China's unreliable entities list a guardian of market order

By introducing an unreliable entities list targeting rule-breakers, China aims to ensure a reliable market environment for those who abide by the rules.
Source: Xinhua | 2019/6/4 18:26:54

Unreliable entities list says more than retaliation

On May 31, China's Ministry of Commerce announced that an Unreliable Entities List (UEL) will soon be released with an objective to lay the regulatory groundwork for going after foreign enterprises harming Chinese companies.
Source: CGTN | 2019/6/3 22:52:15

White Paper Clarifies Facts about China-US Trade Negotiations

The Chinese Government issued a white paper on Sunday (June 2) entitled "China's Position on the China-US Economic and Trade Consultations". The document explains the ins and outs of the trade talks, covering information about the impact of Sino-US economic and trade frictions, how the US side went back on its promises, and China's principled stance in dealing with the consultations. The white paper is designed to clarify the facts and help the international community gain a full and frank understanding of the situation.
Source: China Plus | 2019/6/3 22:41:26

Bangladesh govt to study prospects of producing APIs locally

A major science publisher lifted a restriction on Monday morning on Huawei employees, who were earlier banned from reviewing papers due to US sanctions on the Chinese company.
Source: | 2019/6/3 12:02:06