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.

Brazil's coffee exports to China double in 5 years

Brazil's coffee exports to China have more than doubled in the past five years, driven by the popularity of cafes among young urbanites, an industry expert said on Thursday.
Source: Xinhua | 2020/1/17 18:39:29

Brazil's economic activity up 0.18 pct in November

Brazil's economic activity index rose 0.18 percent in November compared to October, the Central Bank of Brazil said on Thursday.
Source: Xinhua | 2020/1/17 18:34:27

Huawei launches new-generation 5G smartphone in Kuwait

Huawei launches new-generation 5G smartphone in Kuwait
Source: Xinhua | 2020/1/17 11:18:15

Phase one deal to stabilize China-US ties

After China and the US signed their phase one economic and trade agreement in the White House on Wednesday, their relations have stabilized and been prevented from getting worse, and created a friendly atmosphere for the phase two negotiations that include tougher issues, Chinese experts said on Thursday. They said that China should be cautiously optimistic as US strategic pressure against China will remain unchanged.
Source: Global Times | 2020/1/16 22:18:41

China-led study shows world's oceans hottest on record in 2019

If you want to see where global warming is happening, look to the seas.
Source: Xinhua | 2020/1/17 0:48:40

Technology ups travel rush efficiency

Millions of Chinese people are traveling smarter, faster, more efficiently and more comfortably than ever before after one of the world's largest human migrations got underway last Friday.
Source: Xinhua | 2020/1/16 23:08:40

JPMorgan seeks full ownership of Chinese JV amid financial opening up: report

JPMorgan Chase is seeking to take full ownership of China International Fund Management Co (CIFM), a joint venture (JV) between its asset management division and a Chinese company, against the backdrop of China's efforts to open up its financial market, according to a report by Bloomberg on Wednesday, citing people familiar with the matter.
Source: Global Times | 2020/1/16 22:58:40

First fully foreign-owned insurer kicks off operations

Allianz (China), a subsidiary of German insurance company Allianz, started operations on Thursday, making it the first wholly foreign-owned insurance holding company in China, as the country strengthens efforts to further open up its financial sector.
Source: Global Times | 2020/1/16 22:53:40

China's first LEO 5G broadband satellite moves into orbit

China's first low-Earth orbit (LEO) 5G broadband satellite was successfully delivered to its pre-selected orbit via the Kuaizhou-1A launch vehicle on Thursday from the Jiuquan Satellite Launch Center, Northwest China's Gansu Province.
Source: Global Times | 2020/1/16 22:48:40

China-Myanmar energy projects going full steam

Crude oil and gas projects between China and Myanmar have played a significant role in diversifying China's energy import sources and elevating the economic development of Myanmar as well as the whole Southeast Asian region, high-level executives from China and Myanmar told the Global Times on Thursday.
Source: Global Times | 2020/1/16 22:43:40

Deal reflects principles of balance, fairness

The phase one trade agreement signed between China and the US reflects what Chinese officials have stressed – that any deal must be balanced and fair and include initiatives that, if properly executed, could help address disputes and avoid further confrontation. (See stories and charts on Pages S4-5)
Source: Global Times | 2020/1/16 22:33:40

Visa agrees to pay $5.3b to acquire fintech start-up Plaid

Visa Inc said on Monday it agreed to buy privately held software start-up Plaid Inc in a $5.3 billion deal that will boost the payments giant's access to the booming financial technology space.
Source: Reuters-Global Times | 2020/1/16 21:18:40

GDP up 6%-plus in 2019: experts

China achieved GDP growth of more than 6 percent in 2019, meaning it met the 6-6.5 percent goal set by the government at the start of the year, experts said.
Source: Global Times | 2020/1/16 21:13:41