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Crude prices surge after US strike

The deadly US airstrike that killed top Iranian general Qasem Soleimani in Iraq on Friday would force China to seek more energy resources and reform its import structure in the longer term, though consumers in the world's largest oil importer are likely to face soaring oil prices in the short term, experts said.
Source: Global Times | 2020/1/5 21:38:40

Chinese stock market is likely to edge down on Monday

A sudden escalation of tensions in the Middle East over the US killing of a senior Iranian commander is likely to weigh on Chinese stock markets on Monday.
Source: Global Times | 2020/1/5 20:33:40

China delivers on promise to expand imports

China fulfilled its commitment to increase imports in 2019 amid rising tides of protectionism, boosting domestic economic expansion and offering a beacon of hope for multinationals that had suffered from low profit growth in other parts of the world.
Source: Xinhua | 2020/1/5 15:41:32

China to pursue stable monetary policy with appropriate flexibility in 2020, PBC says

China will pursue a stable monetary policy with an appropriate level of flexibility in 2020, the People's Bank of China (PBC) noted in a statement it published on Sunday.
Source: Global Times | 2020/1/5 14:28:25

Daily market wrap-up

US stocks are likely to see losses when market opens on Friday as escalating tension in the Middle East could weigh on investor sentiment.
Source: Global Times | 2020/1/3 20:43:15

New law warrants more open, fair China market for foreign firms: British business leader

New law warrants more open, fair China market for foreign firms: British business leader
Source: Xinhua | 2020/1/3 10:02:04

China holds real appeal to foreign firms: NDRC article

The claim that foreign firms are leaving China in droves does not hold up as it is impossible for them to ignore the market, said an article published on the website of China's top economic planner.
Source: Xinhua | 2020/1/3 9:45:24

Dealmakers eye cross-border M&A recovery as huge transactions roll on

A rise in large mergers and acquisition (M&A) deals helped offset a plunge in cross-border transactions in 2019, and many dealmakers said they expect subsiding geopolitical risk to embolden companies to pursue more tie-ups across regions in 2020.
Source: Global Times - Reuters | 2020/1/2 22:13:40

China's A shares off to strong start in 2020 as three major boards surge

The A-share market has gotten off to a flying start in 2020, with the three major boards on the Chinese mainland all rising more than 1 percent during the morning session on Thursday, the first trading day of the year.
Source: Global Times | 2020/1/2 21:53:41

Hong Kong to see active IPO market in 2020, PwC partners predict

Hong Kong will retain its attraction to companies that seek listings in 2020 despite the social turbulence that went through last year, thanks to the maturity of its capital market and better familiarity of companies in the Chinese mainland, PricewaterhouseCoopers (PwC) partners said on Thursday.
Source: Global Times | 2020/1/2 21:33:40

Daily market wrap-up

US stocks are set to a rally on the first trading day of the New Year when markets open on Thursday.
Source: Global Times | 2020/1/2 21:28:40

Overseas investors call China's new Foreign Investment Law encouraging

China's new law on foreign investment underpins the nation's efforts to further nurture an attractive and open business environment for foreign companies and is encouraging, said executives from foreign companies in China and domestic experts.
Source: Global Times | 2020/1/2 21:08:40

Foreign retailers lured by China's huge consumption power

From UK luxury department store Harrods to Canadian iconic winter clothing manufacturer Canada Goose and US supermarket giant Costco, foreign retailers see no sign of scaling back in China despite some being caught in the crossfire of strained relations.
Source: Global Times | 2020/1/2 20:23:43

Chinese Foreign Ministry hopes UK will create conditions for smooth cooperation

Chinese Foreign Ministry spokesperson Geng Shuang said Thursday China hoped the UK can create conditions for smooth cooperation between the two countries in various sectors, in response to a Reuters report alleging that China has suspended the Shanghai-London Stock Connect program due to political tensions.
Source: Global Times | 2020/1/2 16:33:40

China A shares get off to a flying start in 2020 with three major boards surging above 1%

China's A-share market is off to a flying start in 2020, with the three major mainland boards all surging above 1 percent during the morning session on Thursday, the first trading day of the year.
Source: Global Times | 2020/1/2 11:48:39

Chinese petro, gas giant finds over 1.8 bln tonnes new reserves in 2019

China National Petroleum Corporation, the country's largest oil and gas supplier, discovered a record high of 1.84 billion tonnes of petroleum and gas reserves in 2019.
Source: Xinhua | 2020/1/2 9:50:26

Elections, US economy affecting Trump: expert

Is the new year a fresh start for China-US trade relations?
Source: Global Times | 2020/1/1 19:53:41

China cuts RRR to support economic revival

In order to support the development of China's economic expansion and reduce the cost of corporate financing, the People's Bank of China (PBC), the country's central bank, decided on Wednesday to cut the required reserve ratio (RRR) for banks by 0.5 percentage points, which will take effect on Monday.
Source: Global Times | 2020/1/1 19:53:40