Business
China sees major price hike of pork and fruits in June
Official figures show that China's consumer price index, a main gauge of inflation, increased by 2.7 percent year on year, with the rise in food prices mainly driven by increasing pork and fruit prices.
China completes exchange of NCDs issued by Baoshang Bank
China has swapped the negotiable certificates of deposit (NCD) issued by the troubled Baoshang Bank for new NCDs guaranteed by official agencies, China's central bank said Wednesday.
Space-tourism biz Virgin Galactic going public after merger
Richard Branson's space-tourism venture, Virgin Galactic, is planning to go public, creating the first listed human spaceflight firm.
China to intensify punishment on credit defaulters on sci-tech innovation board
China has released a guideline to underline information disclosure and strengthen sanctions on credit defaulters on the newly launched science and technology innovation board.
China's producer prices up 0.3 pct in H1
China's producer price index, which measures costs for goods at the factory gate, rose 0.3 percent year on year in the first half of 2019, the National Bureau of Statistics (NBS) said Wednesday.
From Nazis to hippies: End of the road for Volkswagen Beetle
Volkswagen is halting production of the last version of its Beetle model this week at its plant in Puebla, Mexico. It's the end of the road for a vehicle that has symbolized many things over a history spanning eight decades since 1938.
China's CPI up 2.7 pct in June
China's consumer price index (CPI), a main gauge of inflation, rose 2.7 percent year on year in June, unchanged from May, the National Bureau of Statistics said Wednesday.
Chinese, U.S. chief trade negotiators hold phone talks
Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin held phone talks on Tuesday.
Apple opens first accelerator in China to support app development
Apple Inc. on Tuesday opened its first Design and Development Accelerator in China in its latest drive to tap into the country's growing innovation prowess and vast market.
China to set up blacklist in express delivery services industry
China is to set up a blacklist to punish misbehaviors in the express delivery services industry, including malicious deeds by customers and delivery men.
China's passenger car sales up 4.9 pct
China's passenger car sales climbed 4.9 percent year on year in June, ending a falling streak for 12 consecutive months, data from the China Passenger Car Association (CPCA) showed Tuesday.
Huawei certified to make maps for self-driving vehicles
Huawei has obtained the highest level of certification in making digital maps for navigation as the tech giant is planning to tap into the market of self-driving vehicles, reports ithome.com.
China now has 21.24 million .cn domain names
The China Internet Network Information Center (CNNIC) says the number of China's top-level domains using .cn stood at 21.24 million at the end of last year, down 1.4 percent from the previous year.
The world has become more reliant on China: McKinsey report
The world has become increasingly reliant on China as the country's economy was increasingly integrated into the world economy, claims a recent report by the global consulting firm McKinsey & Company.
China's CITIC teams up with Japan's Itochu to boost investment
An investment platform backed by the China International Trust Investment Corporation (CITIC) Group, signed a memorandum of understanding on strategic cooperation with Japanese trading house Itochu Corporation on Friday.
Apple's retail stores reach 51 in Greater China
U.S. tech giant Apple Inc. expanded its number of retail stores to 51 in Greater China by the end of 2018, the company said in a recent report.
Moody's affirms China's A1 ratings with a stable outlook
The international rating agency Moody's confirmed China's A1 ratings on Thursday, saying the outlook for the country is stable.
UnionPay issues over 7.5 billion cards globally
China's payment giant UnionPay has issued over 7.5 billion cards around the world, including 1.2 billion in 52 countries and regions outside the Chinese mainland, reports China News Agency.
U.S. must lift all additional tariffs for agreement with China: commerce ministry
Because the Sino-U.S. economic and trade frictions were triggered by the U.S. imposition of additional tariffs on Chinese goods, all those tariffs must be lifted if the two countries could reach an agreement, the Ministry of Commerce (MOC) said Thursday.
Canada plans to reassure China on meat security system
Canada is planning to reassure China about the security of its meat export system after China suspended its exports of pork products, Canadian Agriculture and Agri-Food Minister said on Wednesday.