SOURCE

Chinese tech shares see strong NASDAQ performance amid surging domestic stocks


As China's A shares continue to roar, the latest Chinese stocks on NASDAQ also rocketed on Wednesday.


China's catering industry embraces recovery, with popular restaurants resuming 70-80% of operations: observer

China's catering industry has seen a recovery in the two months since COVID-19 came under control in the country, with most restaurants recovering operations to half of levels seen before the outbreak, according to an industry observer.
Source: Global Times | 2020/7/7 13:43:41

Chinese yuan climbs to four-month high of almost 7 per US dollar

The Chinese yuan climbed near the 7 key mark against the US dollar on Tuesday, reaching its highest level in four months amid surging Chinese stocks and a drop in the US dollar index. Experts expect the rise in the currency will stimulate more buying in yuan assets and push the internationalization of the currency.
Source: Global Times | 2020/7/7 13:43:40

Chinese stocks surge as investors rush to catch bull cycle

Chinese shares continued to rise on Tuesday following a sudden rally the previous day, as investors attempt to seize the opportunity of what they believe is the beginning of a bull market like that seen in early 2015.
Source: Global Times | 2020/7/7 11:43:40

Solar PV expected to be main driver of renewable energy growth: CREEI

Solar photovoltaic (PV) is expected to be a main driver in renewable power generation capacity, and a priority in the transition to renewable energy around the globe, according to a report released by China Renewable Energy Engineering Institute (CREEI) on Monday.
Source: Globaltimes.cn | 2020/7/6 23:23:49

China's small and medium businesses further recovered in Q2: small business association

China's small and medium businesses continued to recover in the second quarter amid the COVID-19 pandemic, as the Small and Medium Enterprises Development Index (SMEDI) reached 85.5 - 3.5 points higher than the first quarter, China Association of Small and Medium enterprises said Monday.
Source: Global Times | 2020/7/6 22:13:40

CAAC suspends foreign airline' Dhaka-Guangzhou flight line for one week

China's civil aviation regulator on Monday issued a suspension order on Biman Bangladesh Airlines flight BS325 from Dhaka to Guangzhou for one week after five passengers tested positive for COVID-19 – the third suspension since the rule was released in June and the first on a foreign airline.
Source: Global Times | 2020/7/6 21:48:40

Fast track border passage for China, Mongolia to reboot trade links

China and Mongolia have implemented a “fast track” entry agreement amid the lingering COVID-19 pandemic to ensure the orderly and safe flow of people and goods across borders at border cities since Friday, China's Foreign Ministry said Monday.
Source: Global Times | 2020/7/6 21:07:50

Chinese citizens are urged not to travel to Canada

The Chinese Embassy to Canada has urged Chinese nationals to exercise caution in planning trips to Canada, which Chinese experts see as a step toward broader termination of trade and investment ties.
Source: Global Times | 2020/7/6 20:58:40

Mercedes-Benz deletes ads featuring Chinese tennis star Li Na

Mercedes-Benz deleted an advertising video clip, in which Chinese former tennis star Li Na was featured, minutes after it was posted on Twitter-like Chinese social media Weibo Monday morning, after some Chinese netizens branded Li as a member of the outlawed Falun Gong - an anti-Chinese government cult.
Source: Global Times | 2020/7/6 20:43:41

India keeps itself away from East Asian value chain as it refuses to join RCEP: expert

India is distancing itself from the value chain of the East Asian Economy, and it always wants to pay in little but want too much out of joining international organizations such as the Regional Comprehensive Economic Partnership (RCEP), a Chinese expert said.
Source: Global Times | 2020/7/6 20:43:40

India keeps itself away from East Asian value chain as it refuses to join RCEP: expert

India is distancing itself from the value chain of the East Asian Economy, and it always wants to pay in little but want too much out of joining international organizations such as the Regional Comprehensive Economic Partnership (RCEP), a Chinese expert said.
Source: Global Times | 2020/7/6 20:38:40

HK launches first MSCI Futures contracts

Hong Kong Exchanges and Clearing (HKEX) on Monday launched a suite of futures contracts based on Asia and emerging market benchmarks compiled by global index provider MSCI in an effort to press forward its internationalization strategy.
Source: Global Times | 2020/7/6 19:28:40

BRI: route of life and opportunity

Not long ago, a China-Europe freight train carrying 35 containers - more than 300 tons of masks and protective suits - set off from Wuhan, Central China's Hubei Province to Duisburg, Germany.
Source: Global Times | 2020/7/6 19:18:41