Business
GM seeks to exclude China-made Buick SUV from tariff
General Motors Co is seeking an exemption to a 25 percent US tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday.
Entertainment industry braces for trade tension impact
The growing tension between the US and China is cause for even greater concerns in Hollywood, which has become dependent on Chinese moviegoers and investors with deep pockets.
China's additional tariff plan against U.S. products "rational and restrained": MOC
China's new countermeasures to impose additional tariffs on about 60 billion U.S. dollars worth of products from the United States are "rational and restrained," a spokesperson with the Ministry of Commerce (MOC) said Friday.
U.S. at risk of losing a trade war with China: Nobel laureate
Nobel laureate in economics Joseph E. Stiglitz says U.S. President Donald Trump risks pulling the U.S. into a trade war that it can't win, instead of addressing the fundamental challenges facing his country's domestic economy.
Beijing airport world's 2nd busiest in first half of 2018
Beijing Capital International Airport was ranked as the second busiest airport in the world in the first half of 2018, second only to Hartsfield-Jackson Atlanta International Airport in the United States.
China and UK take the lead on FinTech investment
Investment in FinTech firms is higher in China and the UK than anywhere else in the world.
U.S. tariff plan doomed to be futile: MOC
The United States is playing hard and soft tactics with China on the trade issue, however, such a two-faced approach is doomed to be futile and will disappoint countries and regions opposing the trade war, says China's Ministry of Commerce.
The Trade War... Is it even legit?
If you've been paying attention to the US-China trade war, you've probably heard the phrase “Section 301 investigation.” But what is Section 301?
First Guangzhou-Tel Aviv direct flight lands at Ben Gurion Airport
Hainan Airlines has opened its third direct flight from China to Israel, with the arrival of the first flight at Ben Gurion International Airport on Thursday. The new route from Guangzhou to Tel Aviv will operate three times at week.
Tesla to raise capital from local debt to fund Shanghai plant
Tesla CEO Elon Musk says the company will raise capital from local banks in China to fund the construction of its 2 billion U.S. dollar Shanghai manufacturing plant.
LA Mayor: US needs real outcome, not self-declared trade victory
The ongoing trade tensions between China and the US seem to be having a negative impact on one of the biggest ports in America, LA. The city's mayor Eric Garcetti says many Americans rely on China-US ties for their well-being.
Marriage between Starbucks and Alibaba amid China-US trade war
Despite the rising China-US trade tensions, America's biggest coffee brand Starbucks made a high-profile announcement in Shanghai, saying it was joining hands with China’s e-commerce giant Alibaba.
U.S. Fed leaves interest rates unchanged amid trade concerns
The U.S. Federal Reserve on Wednesday left key interest rates unchanged amid concerns about trade tensions between the United States and its trading partners.
Huawei surpasses Apple in smartphone sales in Q2
China's smartphone maker Huawei had surpassed Apple in second quarter sales in 2018, according to a report by the Worldwide Quarterly Mobile Phone Tracker released on Wednesday, reports thepaper.cn.
China's Consul General in LA sees robust trade relation at the state level
There is a robust trade relationship at the state level despite the continued trade tensions between the US and China, according to Zhang Ping, China's Consul General in Los Angeles.
Infographic: A brief history of US trade wars
President Trump has stood firm on tariffs, but the country’s track record of trade wars has shown that protectionism always follows the same cycle, starting with the purpose of limiting competition but ending up hurting the economy.
Starbucks sees rare fall in profits in China in 3rd quarter
According to news portal 163.com, Starbucks in China reported a 7.6 percent decline in profit in the 3rd quarter, said to be the first fall in profit for the company in the China market in nine years.
Apple reports new record of service revenues in Q3 earnings
U.S. tech giant Apple said Tuesday that its service revenues hit a new all-time-high of 9.5 billion USD, about 0.4 billion dollars more than analyst's expectations, in its financial report for the third quarter ending June 30, 2018.
Michael Pillsbury: China, US have no other path but to engage
What does Donald Trump and his trade policy look like in the eyes of a friend? Where is his trade conflict with China headed? CGTN conducted an interview with former Pentagon official Michael Pillsbury to explore these issues.
T-mobile, Nokia sign $3.5-billion deal on 5G network equipment
U.S. major wireless carrier T-Mobile Inc. on Monday announced a landmark 3.5-billion-U.S.-dollar agreement with Finland's Nokia to accelerate the deployment of the first nationwide 5G network in the United States.