Mining mutual aid

A three-hour's drive from Myanmar's second largest city Mandalay sits the Letpadaung Copper Mine, spanning about 40,000 hectares in Monywa.

Around the world

London EV Co (LEVC), a subsidiary of Chinese automaker Geely, brought the electric version of the iconic black cabs to Tokyo on Friday, aiming to help promote green public transportation in Japan, according to the Xinhua News Agency.
Source: Global Times | 2020/1/14 22:03:41

Indian hotel chain faces murky outlook in China

International hotel chains like OYO need to change their strategy or they may risk losing the Chinese market, industry analysts said on Tuesday, after Bloomberg reported that SoftBank-backed, India-based hotel company OYO is cutting staff in both China and India.
Source: Global Times | 2020/1/14 21:58:40

CNOOC-Shell joint venture sets tone for FDI inflows in 2020

China National Offshore Oil Corp (CNOOC) will team up with Netherlands-based Royal Dutch Shell Plc to build their first world-class industrial plastics facility in China, setting the tone for the increasing flow of foreign direct investment (FDI) into the Chinese market in 2020.
Source: Global Times | 2020/1/14 21:40:53

Discovering a young take on old traditions

As a signature young cultural brand, Pepsi has been dedicated to discovering bold spiritual culture.
Source: Global Times | 2020/1/14 21:38:42

Huawei eyes cloud, AI business

Chinese technology giant Huawei is increasing its efforts to develop cloud computing and artificial intelligence (AI) to diversify its businesses amid a US clampdown, which has been continuously clouding its overseas expansion in the 5G sector.
Source: Global Times | 2020/1/14 21:38:40

Correcting mistakes a good start for phase one trade deal: experts

A US decision to remove its designation of China as a currency manipulator in an apparent goodwill gesture ahead of the looming phase one trade agreement was met with widespread criticism on Tuesday in China, where many argued that the label was a mistake in the first place.
Source: Global Times | 2020/1/14 20:43:40

China market news wrap-up

A continued rally in US stocks on Monday failed to feed through to Chinese mainland shares on Tuesday. The benchmark Shanghai Composite Index lost 0.28 percent, or 8.75 points, to 3,106.82 percent. Both the Shenzhen Component Index and the ChiNext index retreated.
Source: Global Times | 2020/1/14 19:33:40

Private firms lead China's imports, exports for first time

Private firms overtook foreign-funded enterprises as the biggest contributor of China's foreign trade for the first time in 2019, customs data showed Tuesday.
Source: Xinhua | 2020/1/14 13:21:10

China's new securities law further liberalizes capital market

China's new securities law, to be effective on March 1, marks another important step in China's efforts to further liberalize its capital markets whose appeal for Chinese companies and foreign investors is increasing overtime, experts have said.
Source: Xinhua | 2020/1/14 12:06:12

Yuan soars as the US reverses China's currency manipulator label

The onshore yuan rose above 6.88 on Tuesday morning and stood at 6.8701 by 10:54 am, up by 0.34 percent.
Source: Global Times | 2020/1/14 11:23:40

Chinese Vice Premier Liu He arrives in Washington DC for China-US 'phase one' trade deal

At the invitation of the United States, Chinese Vice Premier Liu He - Beijing's chief negotiator for the China-US comprehensive economic dialogue - arrives Monday in Washington to conclude a phase one trade agreement with Washington.
Source: CGTN | 2020/1/14 11:04:07

China's foreign trade expands 3.4% in 2019 despite trade tensions with US

China posted stronger foreign trade growth in 2019 by expanding 3.4 percent year-on-year, the General Administration of Customs (GAC) said Tuesday.
Source: Global Times | 2020/1/14 11:02:57

China's foreign trade rises 3.4% in 2019

China's foreign trade expands 3.4% in yuan terms in 2019 despite trade tensions with US #tradewar #trade
Source: Global Times | 2020/1/14 10:07:32