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APEC economies get ready for digital disruption

Over the past week, Asia Pacific Economic Cooperation (APEC) members have been looking at new ways businesses can capitalize on changing technologies and consumers habits across the region.
Source: Xinhua | 2018/9/18 15:36:27

PBC injects liquidity

China's central bank said on Monday that it lent 265 billion yuan ($38.58 billion) to financial institutions via its one-year medium-term lending facility (MLF) with rates unchanged.
Source: Reuters-Global Times | 2018/9/17 22:48:39

Timing of China's financial reform should be chosen after yuan stabilizes: analysts

China's central bank governor said "the burden is heavy and the road is long" in China's financial sector opening-up, while experts said opening-up is the only way to let the financial markets flourish.
Source: Global Times | 2018/9/17 22:43:39

Stocks drop to near four-year low on heated dispute

Chinese mainland stock markets fell on Monday, dragged by reports that US President Donald Trump is planning to unveil a fresh set of tariffs on $200 billion worth of imported Chinese goods in the latest volley of a heated trade war.
Source: Reuters-Global Times | 2018/9/17 16:58:40

Shanghai rebar climbs over 1% after upbeat housing data

Shanghai rebar steel futures jumped more than 1 percent on Monday after weekend data showed that China's home prices accelerated in August at the quickest pace in almost two years, boding well for steel demand in the world's top consumer.
Source: Reuters-Global Times | 2018/9/17 16:58:39

Yuan wobbly amid renewed trade tensions

The yuan was largely steady against the dollar during Monday afternoon trading after recovering from early losses, but renewed trade tensions between China and the US kept investors in a state of heightened anxiety.
Source: Reuters-Global Times | 2018/9/17 16:53:40

140,000 BMW 3-series vehicles to be recalled in China

German auto brand BMW will recall more than 139,000 of its 3-series vehicles in China from Nov. 9 over a defect in the air-conditioning system, according to a statement from China's market regulator.
Source: Xinhua | 2018/9/16 16:37:07

Chinese crude oil output rises for first time in nearly 3 years

China's crude oil output rose in August for the first time in nearly three years, data showed on Friday, climbing after the Chinese central government called for a boost to national energy security amid trade tensions with the US.
Source: Reuters-Global Times | 2018/9/16 16:28:41

Stocks extend weekly losses amid mixed data

The Chinese mainland blue-chip index closed higher on Friday, following its peers in the region, on prospects of a new round of trade talks between China and the US, but extended weekly losses amid mixed economic data.
Source: Agencies-Global Times | 2018/9/16 16:28:40

China's small 'teapots' eye petrochem path to riches

Several independent Chinese refineries are drawing up plans to build petrochemical complexes in East China's Shandong Province, aiming to join an investment boom in the world's top chemicals market.
Source: Reuters-Global Times | 2018/9/16 16:28:40

Chinese premier stresses market regulation for fair business environment

Chinese Premier Li Keqiang has stressed fairness in market regulation to create a level playing field for businesses.
Source: Xinhua | 2018/9/14 14:34:23

ASEAN eyes strong digital growth amid new industrial revolution

The 2018 World Economic Forum on ASEAN concluded on Thursday, reaching consensus on tapping the fourth industrial revolution and accelerating digital growth, among other issues.
Source: Xinhua | 2018/9/14 10:59:45

Tariff hikes won't address U.S. trade deficit: spokesperson

The United States' unilateral measure of imposing additional tariffs won't solve its trade deficit issue, a spokesperson for China's Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2018/9/14 9:43:20

OPEC sees slower 2019 demand growth, warns on economy

The Organization of the Petroleum Exporting Countries (OPEC) further trimmed its forecast for 2019 global oil demand growth and said the risk to the economic outlook was skewed to the downside, adding a new challenge to the group's efforts to support the market next year.
Source: Reuters-Global Times | 2018/9/13 17:48:41

Stocks rise as market cheers dispute meeting

Chinese mainland benchmark stock indexes jumped over 1 percent on Thursday, as investors cheered the prospect of fresh US trade talks with China.
Source: Reuters-Global Times | 2018/9/13 17:48:40

Yuan jumps on China-US trade talk re-launch

China's yuan strengthened on Thursday after the Trump administration invited Chinese officials to restart trade talks.
Source: Reuters-Global Times | 2018/9/13 17:48:40

China to further streamline approval procedures for businesses

China will further push reforms that aim to streamline the approval process for companies, a State Council executive meeting presided over by Premier Li Keqiang decided on Wednesday.
Source: Xinhua | 2018/9/13 10:46:31

Stocks at multi-year low amid trade war fears

Chinese mainland stocks fell on Wednesday, dragging the major index down to its lowest level since January 2016, as worries over escalation in the US-China trade war hit investor sentiment, with China seeking WTO sanctions.
Source: Reuters-Global Times | 2018/9/12 16:58:40