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Nearly 120 mln tonnes of crude oil piped from Kazakhstan to China

A transnational pipeline has sent 119 million tonnes of crude oil from Kazakhstan to China as of May, with a trade value totaling 443.8 billion yuan (64.2 billion U. S. dollars), local customs said Thursday.
Source: Xinhua | 2019/5/31 8:29:22

China's vegetable, fruit prices to fall on increasing supplies: MOC

Prices of vegetables and fruits are expected to drop with increasing supplies in the market, after a recent hike, according to the Ministry of Commerce (MOC) Thursday.
Source: Xinhua | 2019/5/31 8:24:56

Foreign businesses remain optimistic of investment in China: FM

The European Business in China Business Confidence Survey 2019 once again demonstrated that, despite the US-imposed tariffs on Chinese products, the enthusiasm of foreign companies to invest in China remains undiminished, a Foreign Ministry spokesperson said on Thursday.
Source: Xinhua | 2019/5/31 8:21:20

Top justice vows sound environment for private businesses

China's top justice Thursday pledged to create a sound environment of rule of law to ensure equal, comprehensive and law-based protection of property rights of private businesses as well as the legitimate rights and interests of the business owners.
Source: Xinhua | 2019/5/31 8:10:28

ADB, World Bank to expand development finance in Asia-Pacific region

The Asian Development Bank (ADB) and the Multilateral Investment Guarantee Agency (MIGA), a member of World Bank Group, signed an agreement on Thursday to cooperate more closely to increase the flow of private sector investment into emerging economies in Asia and the Pacific region.
Source: Xinhua | 2019/5/30 21:36:23

China launches anti-dumping probe into polyphenylene sulfide imports

China's Ministry of Commerce (MOC) has decided to start an anti-dumping investigation into imported polyphenylene sulfide (PPS) products from Japan, the US, the Republic of Korea and Malaysia, it announced Thursday.
Source: Xinhua | 2019/5/30 21:35:07

Human capital to play big role in future cities' success in China: report

Human capital will play a big role in ensuring the future success of China's rapidly rising cities, and the ability to attract and retain human capital is what's keeping cities at the top, a report released by consulting firm A.T. Kearney said on Thursday.
Source: Global Times | 2019/5/30 21:00:27

Shenzhen-listed seafood enterprise hits headlines again over falling scallop output

China's leading seafood enterprise replied to inquiries over its recent losses, saying that it will eliminate its risks caused by “a reduction of scallop output”, but Chinese shareholders are not convinced, and some have questioned whether it's profit manipulation to avoid delisting.
Source: Global Times | 2019/5/30 20:48:40

China's foreign trade to hold up against uncertainties

In spite of increasing uncertainties both at home and abroad, China's foreign trade will continue to hold up well in 2019 as there are still many favorable conditions for the country to weather through the challenges.
Source: Xinhua | 2019/5/30 20:27:14

Over 1,300 African guests confirm participation in 1st China-Africa trade expo

As of May 24, 1,388 guests and traders from 52 African countries have signed up and confirmed their attendance for the first China-Africa Economic and Trade Expo, the organizing committee said Tuesday.
Source: Xinhua | 2019/5/30 2:51:59

China to attract more foreign investment into economic, technological development zones

China's Ministry of Commerce (MOC) will take various measures to attract foreign investment into the country's state-level economic and technological development zones, an official with the MOC said Wednesday.
Source: Xinhua | 2019/5/30 2:50:06

First Taiwan-funded bank approved to issue credit card in Chinese mainland

Shanghai-based Fubon Bank (China) Co. has recently received approval to issue credit cards in the Chinese mainland, according to a Chinese mainland spokesperson Wednesday.
Source: Xinhua | 2019/5/30 2:45:24

Huawei urges US to 'correct its mistakes'

"Time's glory is to unmask falsehood, and bring truth to light." This famous quote from William Shakespeare was cited by Vincent Pang, senior vice president of Huawei and head of corporate communications, on Wednesday in describing the current global obstacles following bullying and extreme pressure from the US.
Source: Global Times | 2019/5/29 23:08:41

China-US ties to improve through engagement, not confrontation

If history is any guide, a trade war does not serve the interests of either side since it won't produce a winner.
Source: People's Daily app | 2019/5/29 17:56:50

Chinese US ambassador reiterates balanced talks as the only answer to trade war

Chinese Ambassador to the US, Cui Tiankai, recently called the Trump administration measures against Huawei "unusual," among other things.
Source: People's Daily | 2019/5/29 17:52:49

US making serious mistake in repeating Japan bashing on China, says economist

The United States is making a "serious mistake" in bashing China, making others the scapegoat for its own economic problems the way it did to Japan three decades ago, said a leading US economist.
Source: Xinhua | 2019/5/29 16:47:01

US stocks close lower

The Dow was down 0.93 percent to 25,347.77, and the S&P 500 decreased 0.84 percent to 2,802.39, while the Nasdaq was down 0.39 percent to 7,607.35.
Source: Xinhua | 2019/5/29 4:41:34

China indicates it may use rare earths as weapon in trade war

China indicated Tuesday night that it may weaponize its rare earths in an escalation of the trade war with the US, according to a Chinese official from the country's top state economy planner.
Source: Global Times | 2019/5/28 23:31:57