Business

Foxconn reconsiders its LCD factory plan in Wisconsin

It's reported that tech giant Foxconn is again considering changes to its plan to make advanced liquid crystal display (LCD) panels in the U.S. state of Wisconsin.

China mulls combination of QFII, RQFII schemes to boost foreign investment

China's securities watchdog unveiled draft rules that will combine two existing schemes for foreign investors and expand the scope of investments.

China tops world's gold consumers for 6th year

China's gold consumption rose 5.73 percent year on year to 1,151.43 tonnes in 2018, making the country the world's biggest gold consumer for the sixth straight year, industry data showed Thursday.
 

Chinese bonds to be included in Bloomberg global index

International financial information provider Bloomberg will include Chinese bonds into one of its global indices, enabling further opening-up of China's bonds market, the company confirmed Thursday.

China's manufacturing PMI edges up in January

The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.5 this month, slightly up from 49.4 in December, the National Bureau of Statistics (NBS) said Thursday.

Guangdong province continues to lead China in GDP

South China's Guangdong province recorded year-on-year economic growth of 6.8 percent, growing to 9.73 trillion yuan ($1.4 trillion) in 2018.
 

Apple profit stable as service gains offset iPhone slump

Apple said Tuesday that profits held steady in the most recent quarter, with revenue growth in music, movies, apps and other services offsetting slumping iPhone sales, sparking a rally in shares of the California tech giant.

Growth in Chinese outbound investment remains stable: MOC

China's outbound investment and cooperation have maintained stable growth, officials from the Ministry of Commerce (MOFCOM) said during a press conference on Tuesday.

iPhone FaceTime bug lets callers eavesdrop

A newly discovered FaceTime bug lets people hear and even see those they are reaching out to on iPhones using the video calling software, sparking privacy fears.

S&P Global to access China's credit rating market

China has allowed S&P Global Inc. to enter its credit rating market, as part of the country's latest efforts to open up its financial sector. 

China's industrial profits up 10.3 pct in 2018

Profits of China's major industrial firms grew 10.3 percent year on year in 2018, but lower than the 21-percent expansion for 2017, the National Bureau of Statistics (NBS) said Monday.

China consumer trend index grows in Q4: report

An index measuring China's consumer confidence increased steadily in the fourth quarter of 2018 as the economy continued to see stable growth, a research report showed.

China's air passenger volume to reach 1.6 bln by 2037: IATA forecast

China's civil aviation market is expected to see the air passenger volume reach 1.6 billion by 2037, according to the latest forecast of International Air Transport Association(IATA).

Digital technology drives inclusive growth in China: WEF report

Digital technology can be an important driver for inclusive growth as evidenced by China's experience, said a research report published on Thursday by a research body of China's Alibaba Group.

Apple announces debut of Microsoft Office in online App Store

Apple Inc. announced Thursday that Microsoft Office 365 is available for the first time on Mac App Store where Apple users can download directly the signature apps such as Word, PowerPoint and Excel that are popular in Microsoft Windows system.

Annual trade between China, B&R countries reaches 1.3 trln USD: MOC

Trade volume between China and countries along the Belt and Road (B&R) Initiative totaled 1.3 trillion U.S. dollars last year, the Ministry of Commerce (MOC) said Thursday.

China's public budget expenditure hits record high

China's public budget expenditure reached a record high while revenue grew steadily, official data showed Wednesday.
 

Huawei unveils Honor View 20 at global launch in Paris

Huawei officially unveiled its new Honor View 20 handset for its overseas customers at a global product launch in Paris on Tuesday.

More focus on social value with globalization 4.0: Huawei executive

With globalization 4.0, namely, a new wave of globalization in a digital world, more focus will be shifted from business benefits to social value, a senior executive from China's Huawei Technologies said Tuesday.

Starbucks rolls out delivery service for coffee drinkers

Starbucks is expanding its delivery service and aims to offer it at nearly one-fourth of its U.S. company-operated coffee shops.

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