Business
US consumers pay the price for Trump's tariff policy, economists
Researchers are warning that American consumers and businesses will bear the brunt of the decision by the Trump administration to raise tariffs on billions of dollars of imports from China.
U.S. tariffs on Chinese goods almost entirely borne by U.S. importers, says IMF study
U.S. tariff revenue collected from levies on Chinese goods "has been borne almost entirely by U.S. importers," a study by the International Monetary Fund (IMF) has found.
China hopes for fair, stable business environment for Chinese enterprises
China said Thursday that it hopes all countries in the world will continue providing a fair, just, stable and predictable business environment for Chinese enterprises.
China urges United States to stop sanctioning Chinese entities
China is urging the United States to stop imposing sanctions on 13 Chinese entities, and to provide a fair environment for Chinese companies.
ZTE opens first European cybersecurity laboratory
Chinese technology firm ZTE opened its first European cybersecurity lab in Rome on Tuesday, which would allow source code review on its products from Italy.
Three more airlines claim compensation for Boeing 737 Max grounding
Air China, China Southern Airlines, and Xiamen Airlines have reportedly submitted claims for compensation to Boeing for losses caused by the grounding of Boeing's 737 Max 8 aircraft.
Alipay and WeChat to tighten overseas payment rules amid Nepal ban
The Chinese digital payment service providers Alipay and WeChat Pay vowed on Tuesday to further regulate the use of mobile payments overseas a day after a ban on their services was introduced by Nepal's central bank.
Huawei to roll out 5G "the European Way"
Chinese telecom company Huawei on Tuesday reaffirmed its commitment to roll out 5G "the European way", at a debate held in Brussels at the Huawei Cybersecurity Transparency Center.
Huawei's sub-brand HONOR launches new smartphone products in Britain
Despite some challenges, Huawei continued its effort to promote smartphone products in major markets, with HONOR, its sub-brand, launching a series of smartphones in London on Tuesday.
Germany's Infineon to continue shipping most chips to Huawei
German chipmaker and semiconductor manufacturer Infineon will continue to ship "the great majority of products" to Chinese tech giant Huawei, the company said in a statement.
China Eastern petitions Boeing for 737 MAX losses: report
Shanghai-based China Eastern Airlines says it intends to press Boeing to compensate it for losses caused by the grounding of its 737 Max aircraft, as well as for delays in delivering other pre-ordered 737 MAX models.
Amazon under pressure to stop sale of facial recognition technology to gov't
Amazon is under mounting pressure from civil rights groups to stop sale of facial recognition technology to government.
5 Chinese giants enter Israeli tender for Tel Aviv light rail tunnels
Five Chinese infrastructure and construction giants have entered Israel's tender for a line included in Tel Aviv's light rail network.
Stocks fall as Huawei ban prompts sell-off in chipmakers
Chipmakers and other technology companies pulled U.S. stocks lower Monday, extending the market's losses into another week. The U.S. decision to ban technology sales to China's Huawei hammered the tech sector.
Huawei CEO: 90-day license bears little meaning, Huawei is ready
The 90-day temporary general license for Huawei "bears little meaning" and Huawei is fully prepared, said Huawei CEO Ren Zhengfei on Tuesday.
OPPO launches its 5G smartphone in UK market
OPPO, a Chinese smartphone manufacturer, launched its new series in the UK market in London on Monday.
US delays Huawei ban for 90 days
US officials Monday delayed a ban on American technology exports to Chinese tech giant Huawei until mid-August, saying the time was needed to allow for software updates and other contractual obligations.
Tencent co-founder establishes mega trust for education
A mega charitable trust has been launched to support education development worldwide, especially in China. The charitable trust is financed by donations of stocks worth over 509.6 million USD.
Intelligent dining gains steam in China
Intelligent dining technology, including 3D food printing, tailor-made food services and drone deliveries are bringing changes to the food industry in China
China to further open up financial sector: central bank
China has made remarkable progress in opening up its financial sector and will continue to expand opening-up of the sector, the central bank said.