Business

China urges U.S. to honor words to facilitate agricultural cooperation

A Chinese Foreign Ministry spokesperson on Tuesday urged the U.S. side to honor their words and seriously implement the consensus reached by the two countries' leaders in Osaka to create conditions for bilateral agricultural cooperation.

U.S. equities plunge amid fears for escalation of trade tensions

U.S. equities suffered their worst day of the year Monday as investors expect President Trump's threatened new tariffs on Chinese imports will worsen trade prospects and further lead to global economic slowdown.

Gold surges as equity plunge boosts safe-haven appeal

Gold futures on the COMEX division of the New York Mercantile Exchange rose more than one percent on Monday, amid rising concerns over trade tensions between the United States and China.
 

Dow plunges more than 900 points amid concerns over trade tensions

U.S. stocks plunged in the afternoon session on Monday with the Dow dropping more than 900 points, as investors worry that U.S. President Donald Trump's threatened new tariffs on Chinese imports will worsen trade prospects.

China rebuts U.S. accusation of not buying their agricultural products

In response to U.S. accusations that China lacks concrete action in purchasing U.S. agricultural products, an official with the country's top economic planning agency said "such accusations are groundless." 

China foreign service trade up 2.6 pct in H1

China's foreign service trade totaled 2.61 trillion yuan (about 377 billion U.S. dollars) during the first half of the year, up 2.6 percent year on year, the Ministry of Commerce said Monday.

Hong Kong stocks plunge to six-month low by midday

Hong Kong stocks on Monday plunged to the lowest level in around half a year, following bearish global markets and also weighed down by concerns about lingering violent incidents.

China confident of keeping yuan stable

China's central bank on Monday reiterated that it is confident in its capability of keeping the yuan's exchange rate basically stable after both the onshore and offshore yuan broke seven against the U.S. dollar.

Apple takes lion's share of tablet market in Q2: report

Apple Inc. continued to lead the global tablet sector, with its market share reaching 38.1 percent in the second quarter of the year, said a report.

China sees robust growth in fixed-asset investment

​China's fixed-asset investment (FAI) in major economic sectors progressed both in quantity and in quality, according to a report from the National Bureau of Statistics (NBS).

RCEP negotiations make significant headway in Beijing

A ministerial meeting on the Regional Comprehensive Economic Partnership (RCEP) negotiations over the past two days in Beijing achieved significant progress in pushing negotiations.

China-U.S. economic and tech decoupling hurts innovation

​Any attempt to decouple the United States from China economically and technologically will surely undermine innovation and hurt cultural exchanges between the two countries, a senior Silicon Valley investor said Friday.

Mercedes-Benz recalls vehicles in China over defective catalytic converter

German carmaker Mercedes-Benz has started recalling 302 automobiles in China due to problematic catalytic converters, according to China's market regulator.

S&P 500 posts its worst week of 2019 as trade tensions flare

Investors rattled by U.S. President Donald Trump's latest escalation in his trade war with China drove another round of selling on Wall Street Friday.

How Trump's latest China tariffs could squeeze U.S. consumers

The latest tariffs President Donald Trump plans to impose on Chinese goods would cost U.S. households an average of $200 a year, some economists estimate.

U.S. sports industry "disappointed" with renewed tariffs threat

​The U.S. sports and fitness industry said on Thursday that it felt disappointed with the administration's new tariffs threat and will continue fighting those tariffs.

U.S. retailers "disappointed" with new tariff threat on Chinese imports

The National Retail Federation (NRF) said Thursday retailers are "disappointed" that the U.S. administration is "doubling down on a flawed tariff strategy," urging the government to seek new tools to achieve better trade relations.

New tariffs on Chinese imports not to facilitate agreement: USCBC

The U.S.-China Business Council (USCBC) said Thursday that U.S. President Donald Trump's plan to impose more tariffs on Chinese imports will not facilitate an agreement, but lead to more difficulties.

China willing to tap soybean trade potential with Russia: MOC

China and Russia are hoped to fully tap their cooperation potential in soybean trade in line with market rules and advance a long-term and steady cooperation across the whole industry chain, a commerce official said Thursday.

Chinese dairy giant Yili acquires New Zealand's Westland

​China's Inner Mongolia Yili Industrial Group Company Limited announced Thursday the completion of the transaction of the acquisition of  New Zealand's Westland Co-operative Dairy Company Limited.

HomePrev...10111213141516...NextEndTotal 100 pages