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US trade coalition urges Trump to reach "phase one" deal with China


Americans for Free Trade, a coalition of more than 150 associations united against tariffs, on Wednesday urged U.S. President Donald Trump to reach a "phase one" deal with China.


China's trade sector firms up against headwinds

Exports increased 1.3 percent over a year ago in November, while imports gained 2.5 percent, ending year-on-year drops in the previous two months.
Source: Xinhua | 2019/12/10 15:53:56

Foreign-funded banks, insurers post expanding China presence

Foreign-funded banks and insurers have reported a bigger presence in the Chinese market as the country continuously increased efforts on financial opening-up and improving the business environment, said the banking and insurance regulator.
Source: Xinhua | 2019/12/10 15:44:56

Opening-up brings confidence to British businesses in China amid trade tensions

Amid increased uncertainties in the global market and the ongoing China-US trade tensions, British businesses remain confident about their operations in China thanks to China's growing market and the country's continuous efforts to open up.
Source: Global Times | 2019/12/10 15:23:40

Shenzhen launches blockchain-based electronic ID app to protect locals' privacy

Authorities in Shenzhen, South China's Guangdong Province, on Monday launched a blockchain-based electronic ID applciation which allows users to upload their electronic certificates and store them on a local government-backed blockchain platform.
Source: Global Times | 2019/12/10 14:33:40

Chinese customs returns containers carrying transgenic corn seeds from the US

Chinese customs on Saturday returned 46 inbound containers carrying transgenic corn seeds, originally from the US, media reported.
Source: Global Times | 2019/12/10 12:18:40

China's CPI soars to 94-month high of 4.5% in November

Soaring pork prices pushed China's inflation level to a 94-month high in November, according to official data released on Tuesday morning.
Source: Global Times | 2019/12/10 10:51:04

China's CPI up 4.5 pct in November

China's consumer price index (CPI), a main gauge of inflation, rose 4.5 percent year on year in November, the National Bureau of Statistics said Tuesday.
Source: Xinhua | 2019/12/10 10:31:23

Qualcomm unveils new 5G platforms at annual tech summit

U.S. leading chip manufacturer Qualcomm has unveiled two new 5G mobile platforms and the world's first 5G-supported extended reality (XR) platform at its annual tech summit.
Source: Xinhua | 2019/12/10 10:29:11

China's official digital currency 'imminent'

PBC is accelerating the launch as competition heats up among central banks around the world to leap ahead with digital currency, expected to affect a wide range of sectors ranging from financial to retail and trade.
Source: Global Times | 2019/12/9 23:43:40

China's economic policy does not depend on US actions

This year's annual tone-setting economic conference of China's senior policymakers is likely to be held earlier than usual, which may signal that China will set its next year's economic policy goals and agendas at its own pace regardless of the dynamic in bilateral trade talks.
Source: Global Times | 2019/12/9 22:30:55

North Korea develops spa resort to attract Chinese tourists

North Korea plans to attract more foreign tourists, most likely from China, by developing hot spring facilities and medical tourism, as 2020 marks the 70th anniversary of the war to resist US aggression and aid Korea (1950), industry analysts said on Monday.
Source: Global Times | 2019/12/9 21:38:40

Central govt supports HK, Macao in regional development

The Chinese central government will support the efforts of South China's Guangdong Province in learning and applying the trade rules of the Hong Kong and Macao special administrative regions (SARs) to its free trade zones.
Source: Global Times | 2019/12/9 21:33:40

Figuratively Speaking

China's energy production
Source: Global Times | 2019/12/9 21:23:41