Business

China's factory, service activities continue to expand

Expansion of China's factory and service activities slowed down in July but still pointed to steady economic growth.

China details regulation on central SOEs' asset management

China's state asset regulator released a document aimed at avoiding state asset losses with an accountability mechanism to punish illegal business operations and investments by centrally administered state-owned enterprises.

Chinese automotive company switches focus to clean energy

Wanxiang Group, a major automotive component manufacturer in Zhejiang Province, is transitioning into an international clean energy company.

Analysis does not support a US win in trade war with China: Rand scholar

A senior economist with the Rand Corporation says a first-stage impact assessment of the U.S.-China trade war does not support U.S. claims of a win and Chinese businesses are likely to lose less overall than American businesses.

Registration open for overseas buyers attending CIIE

Buyers from outside the Chinese mainland can now sign up for China's first import expo, China International Import Expo (CIIE) Bureau said.

 

China's role in the global economy

China is an indispensable part of world trade and a pillar force in global economic expansion while the US trade representative office has accused China of not honoring its WTO promises. Is there any truth to the accusation?

Chinese alcohol seeking overseas market expansion

Over 200 liquor products from Luzhou are listed as national and provincial-level products, with many of the producers now attempting to expand overseas.

Americans question whether EU can really replace China's soybean market

Some Americans have taken to Twitter to give President Trump an economics lesson, as they question the idea that the EU can replace China's soybean market.

IMF: Chinese economy still robust despite trade tensions

In its latest annual assessment of the Chinese economy, the International Monetary Fund (IMF) is suggesting the Chinese economy remains robust, despite external trade tensions.

China refutes US criticism of its economic model

China refuted criticism of its economic model by US envoys at the World Trade Organization General Council Meeting in Geneva on Thursday. 

China leads startup growth

An astonishing 46 Chinese startups have reached a valuation in excess of $1 billion in the last six years.

Gucci growth in China

Global luxury group Kering, manager of the Gucci, Saint Laurent and Alexander McQueen brands, has reported strong financial results.

World Bank commends China for improving business environment

Statistics from the World Bank show that, completing 26 business regulation reforms in the past 15 years, China ranks No. 3 in the East Asia and Pacific region in its efforts to improve the domestic business environment.

Chinese e-commerce platform Pinduoduo debuts on Nasdaq

Chinese online group discounter Pinduoduo Inc. started trading on Nasdaq Stock Market on Thursday.

UK cities already missing Ofo

Chinese bike sharing pioneer Ofo has decided to leave a number of British cities. Whilst there are cities such as Norwich and Sheffield have lost their services, Ofo remains in key urban centres.

U.S. economist: Trump should be proud of trade deficit

Don Boudreaux, US economist at George Mason University in Virginia explained that a trade deficit is actually a good thing for the United States.

China sees fewer unsold homes: report

The number of unsold homes in China continued to drop last month, the latest sign that a national campaign to rebalance a saturated property market is effective.

Fiat boss Marchionne dies aged 66

Fiat Chrysler's visionary boss Sergio Marchionne has died, after driving the Italian auto giant to success for 14 years, holding company Exor announced Wednesday.

Farmers prefer Trump do trade deals than hand them cash

Many farmers remain critical of President Donald Trump's tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses.

Chinese automaker rolls first car off production line from S. Africa plant

Chinese automaker Beijing Automotive Industry Corporation (BAIC) on Tuesday rolled the first car off production line in its South African plant near the car export hub of Port Elizabeth.

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