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Huawei releases first 5G smartphone in 2 weeks, setting off an era of new devices

Huawei is expected to release its first 5G smartphone, the Huawei Mate 20 X, on July 26 in its headquarters in Shenzhen, South China's Guangdong Province, a source close to the company confirmed with the Global Times.
Source: Global Times | 2019/7/11 15:58:40

Fed's Powell says trade tensions weigh on US economy

US Federal Reserve Chairman Jerome Powell said Wednesday that crosscurrents such as trade tensions and concerns about global growth have been weighing on the US economic activity and outlook.
Source: Xinhua | 2019/7/11 11:48:40

Rock solid business

Workers busy on the production line of Zhangjiakou Xuanhua Huatai Mining & Metallurgical Machinery Co in North China's Hebei Province on Wednesday. The company exports rock and soil drills to such markets as Russia, Turkey and India. Photo: VCG
Source: VCG | 2019/7/10 19:43:40

Supply-chain pains

South Korean chipmakers and Japanese chemical suppliers caught in the midst of the sudden escalation of a bilateral diplomatic dispute are scrambling to circumvent tightened export controls imposed by Tokyo, industry executives said.
Source: Reuters-Global Times | 2019/7/10 18:38:40

China advances in payload fairing technology

China successfully completed research on the world's largest separation airbag used by rockets, the Science and Technology Daily reported on Wednesday.
Source: Global Times | 2019/7/10 18:23:41

Rising fruit and pork prices continue to drive up CPI in June

Fruit prices jumped more than 40 percent and pork prices increased over 20 percent in June year-on-year, becoming the two major culprits causing a 2.7-percent rise of China's consumer price index (CPI), official data showed on Wednesday.
Source: Global Times | 2019/7/10 14:43:41

China to intensify punishment on credit defaulters on sci-tech innovation board

China has released a guideline to underline information disclosure and strengthen sanctions on credit defaulters on the newly launched science and technology innovation board.
Source: Xinhua | 2019/7/10 14:16:15

Business association CEO optimistic about prospect of US-China economic ties

A US business association leader said here on Tuesday that he is bullish on the prospect of US-China economic cooperation as history has proven that bilateral cooperation can create tremendous gains.
Source: Xinhua | 2019/7/10 12:58:17

Huawei applies for license to make high-precision digital maps, heralds a move further into self-driving sector

Huawei, the Chinese technology giant caught amid the ongoing China-US trade war, has applied for a license to make high-precision digital maps, a move that an industry analyst said could drive up the company's efforts to develop and launch autonomous driving solutions and expand its business sphere.
Source: Global Times | 2019/7/9 17:17:06

OECD composite leading indicators signal stabilizing growth momentum

The composite leading indicators (CLIs) of the Organization for Economic Cooperation and Development (OECD) published on Monday showed that the OECD member economies are stabilising.
Source: Xinhua | 2019/7/9 12:15:50

Cambodia's leading telco operator partners with China's Huawei to bring 5G to country

Cambodia's leading mobile telecommunications company Smart Axiata has partnered with China's technology giant Huawei to build the 5G network in Cambodia, representatives of the two companies said on Monday.
Source: Xinhua | 2019/7/9 11:50:59

Tianjin-Taiwan trade fair serves as bridge for Taiwan companies and talents

The Tianjin-Taiwan trade fair held in north China's Tianjin Municipality highlights cooperation and communication.
Source: Xinhua | 2019/7/8 18:00:17

China's high-tech stocks board greets 21 IPO entrants this week

China's much-anticipated stock trading board for promising high-tech startups gets off to a resounding start, as the Shanghai-based bourse will greet 21 IPOs this week.
Source: Global Times | 2019/7/8 15:43:57

US technology giants to face stricter curbs in Australia: Aussie Treasurer

Australia's Treasurer Josh Frydenberg has warned technology giants such as Google and Facebook to expect restrictions on their market power.
Source: Xinhua | 2019/7/8 14:07:07

China's June Forex hits highest since April 2018, gold holdings also swell

China's foreign exchanges reserve rose to $3.12 trillion in June, a rise of $18.23 billion from May, the highest since April last year, data from the central bank revealed on Monday.
Source: Global Times | 2019/7/8 12:58:39

China to overtake US as world's biggest insurance market

China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute.
Source: Xinhua | 2019/7/7 15:52:46

Analysts say Africa to benefit from easing US-China trade tensions

The latest bid by China and the United States to resolve their trade issue signals better times for global trade, from which Africa is set to benefit immensely, analysts have recently told Xinhua.
Source: Xinhua | 2019/7/7 11:49:15

World Bank classifies Sri Lanka as upper middle income country

The World Bank has changed Sri Lanka's classification from a lower-middle income country to an upper-middle income country under its latest country income classifications for the 2020 fiscal year, local media reports said Thursday.
Source: Xinhua | 2019/7/7 10:15:01