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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 foreign trade up 2.4 pct in first 11 months

China's foreign trade registered steady growth in the first 11 months of 2019 by expanding 2.4 percent year on year, the General Administration of Customs said Sunday.
Source: Xinhua | 2019/12/8 11:13:10

China's P2P platform number falls to 456

The number of Chinese peer-to-peer lenders continued to fall last month, partly due to the country's ongoing efforts to crack down on riskier forms of financing.
Source: Xinhua | 2019/12/8 11:07:36

China leads in electric, hybrid vehicle market: survey

Chinese consumers are much more likely than people in other major countries to purchase an electric vehicle or hybrid, showed a latest survey.
Source: Xinhua | 2019/12/8 8:56:59

Qualcomm president says China to lead the world in 5G scale

China will lead the world in the 5G scale and Qualcomm expects to increase business with China in the 5G transition, Qualcomm President Cristiano Amon said in an exclusive interview with Xinhua.
Source: Xinhua | 2019/12/8 8:46:19

Chinese, Americans summoned to fight decoupling trend

Just days after a top Chinese diplomat called for both Chinese and American companies to stand up against anyone who tries to stir up confrontation and hatred between the two countries, a senior US expert also summoned citizens to do their bit to bring China-US relations back on track.
Source: Global Times | 2019/12/7 22:35:50

China's forex reserves stand at 3.0956 trln US dollars at end of November

China's foreign exchange reserves came in at 3.09 trillion US dollars at the end of November, official data showed Saturday.
Source: Xinhua | 2019/12/7 17:27:54

US objections to World Bank's China lending plan absurd: experts

The objections from the Trump administration on the World Bank's annual China lending plan is totally absurd, because it's legitimate and reasonable for China to accept the lending plan, according to experts.
Source: Global Times | 2019/12/7 17:19:33

China CITIC Bank approved to set up wealth management company

China CITIC Bank, a major commercial lender, has gained approval from China Banking and Insurance Regulatory Commission (CBIRC) to set up a wealth management company.
Source: Xinhua | 2019/12/7 12:57:21

Beijing Financial Street, City of London eye more partnerships

Beijing Financial Street, City of London eye more partnerships
Source: Xinhua | 2019/12/7 12:55:31

China's BYD lands large electric bus order in Netherlands

China's leading new energy vehicle manufacturer BYD cut a deal on Friday to provide 259 electric buses for the Netherlands, the largest single order the Chinese company has ever landed in Europe.
Source: Xinhua | 2019/12/7 12:51:58

Trade war impact on Chinese economy to dwindle in 2020

Impact on the Chinese economy from the protracted China-US trade war will dwindle in 2020 as the country adapts to external pressure, a change that will help China maintain a relatively robust growth in 2020 despite an anticipated growth-rate slowdown, analysts said on Friday.
Source: Global Times | 2019/12/6 22:18:40

CPC Central Committee holds symposium to solicit advice on economic work

The Communist Party of China (CPC) Central Committee has convened a symposium to solicit opinions and suggestions on economic work from non-CPC personages.
Source: Xinhua | 2019/12/6 20:03:31

Unrest causes over 2 pct GDP slip in Hong Kong: official

Out of the 2.9-percent gross domestic product slip in the third quarter in Hong Kong, over 2 percentage points were caused by the prolonged social unrest, a senior official of China's Hong Kong Special Administrative Region (HKSAR) government said Friday.
Source: Xinhua | 2019/12/6 20:08:03