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Commerce minister rallies support for APEC multilateral trading

Chinese Minister of Commerce Zhong Shan on Saturday called for economies in the Asia-Pacific Economic Cooperation (APEC) to strengthen cooperation, reduce the impact of COVID-19 and stabilize trade and investment in the Asia-Pacific region, while the coronavirus wreaks havoc in many countries around the world.
Source: Global Times | 2020/7/25 22:12:15

3rd CIIE to be held as scheduled offline in Shanghai amid pandemic

The third China International Import Expo (CIIE) will be held as scheduled offline from November 5 to 10 in Shanghai amid the coronavirus pandemic, showing China's determination to further open up, a CIIE Bureau official said on Friday.
Source: Global Times | 2020/7/25 0:55:31

Chinese stock markets nosedive as China-US tensions escalate

The Chinese A-share market continued to decline on Friday as investors avoid risk amid the escalating diplomatic tensions between China and the US.
Source: Global Times | 2020/7/24 13:05:38

China's entertainment industry cautiously optimistic

Industry insiders expressed their cautious optimism and relief as Beijing, the cultural center of the world's second-largest economy, eased restrictions on its cultural and entertainment services industry amid progress in containing the COVID-19 epidemic.
Source: Global Times | 2020/7/23 23:46:54

China unlikely to repeat 2015 stock crash, experts say

Defense-related shares on the Chinese stock market surged on Thursday, although the two markets fluctuated wildly, a phenomenon which several stock analysts said was a market response to the heightened tensions between the world's top two economies after the US government ordered the Chinese consulate in Houston to be closed.
Source: Global Times | 2020/7/23 21:13:40

Feeling just peachy

Workers on a production line for canned peaches at a factory in Huaibei, East China's Anhui Province on Wednesday. The company which processes more than 10 kinds of canned fruits and vegetables in season, experienced its best year since 2018. The firm exports products to more than 30 countries and regions around the world including Europe, the US and the Middle East. Photo: cnsphoto
Source: Global Times | 2020/7/23 21:04:55

More than 400,000 5G stations rolled out in China by June

China is steadfast in pushing 5G rollout despite obstructions from some overseas countries and economic pressure from the coronavirus outbreak, with more than 400,000 5G base stations erected by the end of June, data from the Ministry of Industry and Information Technology (MIIT) showed.
Source: Global Times | 2020/7/23 20:33:41

Mixed signals from France on Huawei spark concern

France's reported “hidden” ban on Huawei will not only delay 5G commercialization in the country that could have taken the lead in utilizing next-generation technology, but will increase uncertainties for local telecom operators, which are now struggling amid a severe economic downturn, analysts said.
Source: Global Times | 2020/7/23 20:33:40

Gold price soars to 9-year high amid US diplomatic tensions

The international spot gold price hit $1,883.16 per ounce and silver $22.85 per ounce at 6 pm on Thursday (Beijing time) as risk-aversion sentiment soars amid escalating China-US diplomatic tensions and the continued spread of COVID-19.
Source: Global Times | 2020/7/23 19:48:40

Gold price soars to 9-year high amid escalating China-US tensions and pandemic

The international spot gold price hit $1,868.90 per ounce and silver $22.70 per ounce at 1 pm on Thursday (Beijing time) as risk-aversion sentiment soars amid escalating China-US tensions and the continued spread of COVID-19 overseas.
Source: Global Times | 2020/7/23 13:53:44

COVID-19 impact on industrial economy in China under control: MIIT

The impact of the coronavirus crisis on China's industrial economy is under control, with industrial foundations remaining positive, an official from China's Ministry of Industry and Information Technology said on Thursday.
Source: Global Times | 2020/7/23 13:12:39

Air France-KLM to add new Paris-Beijing flight

Air France-KLM Group is expected to add a new flight between Paris and Beijing, as China and France strengthen cooperation to promote the increase of capacity entitlements for faster business resumption.
Source: Global Times | 2020/7/22 19:33:40

Air France may soon add new Paris-Beijing flight

Air France-KLM Group is expected to add a new flight between Paris and Beijing via Tianjin, as China and France strengthen cooperation to promote the increase of capacity entitlements for faster business resumption.
Source: Global Times | 2020/7/22 12:32:24

Technology shares rally before Hang Seng Tech index launch

Shares of technology companies listed in Hong Kong saw a significant rally Tuesday, following an announcement from the Hang Seng Indexes Company that it will launch a tech index to track the main technology players listed at the HK stock market.
Source: Global Times | 2020/7/21 18:13:40

WSJ made up news to harm Huawei, China-EU cooperation: FM

The Wall Street Journal's report that China may retaliate against Nokia and Ericsson if the EU bans Huawei is completely groundless and ill-intended fabricated news, aiming to undermine the benign China-EU relations, said China's Foreign Ministry.
Source: Global Times | 2020/7/21 17:38:40

German chemical giant BASF to invest in pig farming in China

German chemical giant BASF announced Monday it will invest in Chinese start-up SmartAHC, a supplier of digitalization solutions for hog farming. It is BASF's first investment in an agricultural start-up in China.
Source: Global Times | 2020/7/21 17:15:54

US stock markets may no longer be "gold rush" for Chinese firms: British media

US stock markets have been "a gold rush" for Chinese companies, but this may come to an end, as the US administration has used its market as a "potential new front in a battle with China," the British newspaper Daily Telegraph has reported.
Source: Xinhua | 2020/7/21 15:57:39

Uncertainty over imports weighs on domestic rapeseed market

China's rapeseed oil price has been soaring for three straight months and has reached the highest level in seven years, amid import uncertainties including tension with Canada and Australia, China's biggest rapeseed trade partners.
Source: Global Times | 2020/7/21 13:10:29