Business

China sees expanding China-Europe freight rail services

China-Europe freight rail services have expanded in the first eight months of the year with 5,266 trips made during the period, according to the China State Railway Group Co., Ltd.

Majority of U.S. CFOs think U.S. trade policy negative for businesses: survey

Some 65 percent of U.S. chief financial officers (CFOs) believe that U.S. trade policy will be negative for their businesses over the next six months, a new survey released on Friday showed.

London Stock Exchange rejects Hong Kong Stock Exchange takeover bid

London Stock Exchange Group (LSEG) on Friday formally rejected a takeover bid by the Hong Kong Stock Exchange, citing "fundamental concerns" over the bid worth £32 billion ($40 billion).

SBM Bank Kenya partners with China's UnionPay to rollout prepaid cards

SBM Bank Kenya has partnered with the Chinese global payment network, UnionPay, to rollout prepaid cards in the East African nation.

U.S. goods exports to China fell 7 pct last year due to trade tensions

The value of U.S. goods exports to China in 2018 totaled 118 billion U.S. dollars, down 7 percent from the previous year, according to a report released Thursday by the U.S.-China Business Council (USCBC).

China adds some U.S. farm products for additional tariff exemption

The Customs Tariff Commission of the State Council will exclude some agricultural products such as soybeans and pork from the additional tariffs on U.S. goods, official sources said Friday. 

Huawei shares innovative energy solutions at World Energy Congress

China's telecom giant Huawei launched Thursday a series of innovative energy solutions at the 24th World Energy Congress hosted in Abu Dhabi, capital of the United Arab Emirates.

1.55-bln-USD projects inked at Shanghai FTZ new section

The Lingang area of the China (Shanghai) pilot free trade zone (FTZ) attracted 23 projects with a total pledged investment of 11 billion yuan (1.55 billion U.S. dollars) Thursday.

Google agrees 965-mn-euro tax settlement with France

US internet giant Google has agreed a settlement totalling 965 million euros ($1.068 billion) to end a tax dispute in France under an agreement announced in court on Thursday.

Chinese Vice Premier Liu He meets USCBC chairman

Chinese Vice Premier Liu He on Thursday met with Chairman of the U.S.-China Business Council (USCBC) Evan Greenberg in Beijing at the latter's request.

European Central Bank launches new stimulus for economy

The European Central Bank on Thursday delivered a new blast of monetary stimulus to help the shaky economy in the face of uncertainties.

China sees steady FDI growth in Jan-Aug amid opening up

Foreign direct investment (FDI) into the Chinese mainland saw steady growth in the first eight months this year amid the country's unwavering opening-up efforts, official data showed Thursday.

Domestic firms begin asking prices for U.S. agricultural goods

Companies in China have started asking exporters in the United States about purchasing prices for agricultural products including soybeans and pork, a spokesman at the Ministry of Commerce said at a press conference on Thursday.  

60% US biz owners want to deescalate or end trade tensions with China

As many as 60 percent of respondents prefer the Trump administration to deescalate or end its trade tensions with China, according to a latest survey on 500 U.S. business owners by Swiss investment bank UBS.

Hong Kong Stock Exchange bids for London rival

The Hong Kong Stock Exchange on Wednesday bid almost £32 billion for its London rival to bring together the largest financial hubs in Asia and Europe, it said Wednesday.

Global firms investing in China despite U.S. tariffs: U.S. economist

Despite U.S. tariffs on China's exports to the United States, it appears, at least so far, that multinational firms, including those based in the United States, continue to find China an "attractive environment for new investment."

China unveils lists of U.S. products to be excluded from additional tariffs

China on Wednesday unveiled the first set of lists of U.S. goods to be excluded from the first round of additional tariffs on U.S. products.

S.Korea files complaint with WTO against Japan's export restrictions

South Korea on Wednesday filed a complaint with the World Trade Organization (WTO) against Japan over its restrictions on the export to South Korea of three materials vital to make memory chips and display panels.

"U.S. needs Huawei more than Huawei needs U.S.": Huawei executive

"America needs Huawei more than Huawei needs America," a senior executive of China's telecoms company Huawei said on Tuesday, adding that Washington's ban on its products "will hurt America in a very substantial way."

China lifts investment quota limit for QFII, RQFII amid financial opening-up

China's forex regulator announced it would abolish the investment quota restrictions for Qualified Foreign Institutional Investors and Renminbi Qualified Foreign Institutional Investors.

HomePrev...3456789...NextEndTotal 100 pages