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China to expand advanced manufacturing, domestic market: official

China's top economic planner has pledged to strengthen the advanced manufacturing sector and foster stronger domestic market amid efforts to stabilize economic growth.
Source: Xinhua | 2018/12/23 7:35:54

CBOT soybean futures fall as Chinese purchases miss forecast

Chicago Board of Trade (CBOT) soybean futures ended below 9 US dollars per bushel for the first time in three weeks, as Chinese purchases missed traders' forecast.
Source: Xinhua | 2018/12/22 9:10:45

US stocks close lower as gov't shutdown looms

US stocks closed lower on Friday as investors digested the latest economic data, speech from a central bank official, and the fact that the government is on the verge of a partial shutdown.
Source: Xinhua | 2018/12/22 9:09:47

US stocks trade lower amid data, Fed official speech

US stocks traded lower on Friday as investors digested the latest economic data, speech from a central bank official, and the fact that the government is on the verge of partial shutdown.
Source: Xinhua | 2018/12/22 8:56:03

Chinese vendors in Yiwu deny leap in yellow vest orders from Europe

There has been no significant rise in sale of yellow vests amid a surge in “yellow vest” protests in some European countries, Chinese traders in Yiwu have said. Merchants selling the items in Yiwu International Trade City, one of the most popular small commodity wholesale markets in East China's Zhejiang Province, scotched rumors that orders to European nations, especially France, have soared in the wake of protests over the last few weeks.
Source: Global Times | 2018/12/21 22:58:40

China's central bank continues to pump funds into market

China's central bank continued to inject liquidity into the money market through reverse repos Friday.
Source: Xinhua | 2018/12/21 20:57:09

S. Korea's producer prices fall for 2 months on cheaper farm goods, oil

Prices for goods and services among South Korean suppliers fell for two months through November on cheaper farm goods and crude oil, central bank data showed on Friday.
Source: Xinhua | 2018/12/21 15:15:16

California-based company to co-develop, assemble, market Chinese luxury electric sports car in US

California-based Mullen Technologies signed a new cooperation agreement with China's Qiantu Motor to homologate and assemble the luxury electric sports car Qiantu K50 in the United States for sales in North America, the company told Xinhua Thursday.
Source: Xinhua | 2018/12/21 12:02:29

US Treasury Secretary says market reaction to Fed's rate hike "overblown"

US Treasury Secretary Steven Mnuchin said Thursday the market's reaction to the Federal Reserve's interest-rate hike was "completely overblown."
Source: Xinhua | 2018/12/21 10:59:55

CBOT soybean futures fall as abundant supply outweighs Chinese purchases

Chicago Board of Trade (CBOT) soybean futures fell for the second consecutive session on Thursday, as abundant crop supply from South America overshadowed renewed Chinese demand for US inventories.
Source: Xinhua | 2018/12/21 9:54:57

Little effect on China's markets from Fed rate hike

The mainland financial markets have responded calmly to the US Federal Reserve's overnight decision to raise its benchmark interest rates.
Source: Global Times | 2018/12/20 22:13:40

China shares close mixed after Fed hike, PBC move

China stocks closed mixed on Thursday after the country's central bank announced a new targeted lending tool hours before the US Federal Reserve raised rates and largely maintained its outlook for more hikes next year.
Source: Reuters-Global Times | 2018/12/20 17:53:41

Rising LNG demand to exert more pull on natural gas prices

US liquefied natural gas (LNG) export capacity is on the brink of doubling in 2019, which will boost the super-cooled fuel's influence on the US natural gas market, where volatility surged in 2018 after several years of slumber.
Source: Reuters | 2018/12/20 17:53:41

US lifts sanctions on Russian aluminum firm

The US Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow's 2014 annexation of Crimea.
Source: Reuters-Global Times | 2018/12/20 17:53:40

China confirms trade talks with Washington next month and trade still cornerstone in ties: commerce ministry

The Chinese Ministry of Commerce confirmed on Thursday that China and the US will hold negotiations in January as scheduled, and the two may arrange meetings or phone calls as needed to talk about issues.
Source: Global Times | 2018/12/20 16:45:30

Block train packed with sawn timber departs Finland, aiming at inland Chinese market

A block train packed with 41 containers of sawn timber left Kouvola, eastern Finland Tuesday and headed to Xi'an, the capital of Shaaxi province in northwestern China, or the hometown of renowed Terracotta Warriors.
Source: Xinhua | 2018/12/20 10:17:33

China's LNG producer price surges

The producer price for liquefied natural gas (LNG) in China surged to a 10-month high amid rising demand in the winter heating season.
Source: Xinhua | 2018/12/20 10:01:23

US firm, China's Baidu cooperate in developing simulation system for self-driving vehicles

US video gaming company Unity Technologies (Unity) said Tuesday it is partnering with China's leading Internet giant Baidu Inc. to develop a virtual reality system that will help Baidu test its self-driving vehicles in a simulated real-time environment.
Source: Xinhua | 2018/12/20 9:56:53