Business
Siemens, SPIC explore technology collaboration in gas turbines
China's State Power Investment Corporation (SPIC) and Germany's Siemens AG have entered into a Memorandum of Understanding to further confirm intention of technology collaboration in the field of heavy-duty gas turbines.
Fifth China-Russia Expo opens with focus on promoting trade
The fifth China-Russia Expo opened Tuesday in Russia's fourth-largest city of Ekaterinburg, aiming to promote bilateral trade and regional cooperation.
Starbucks to eliminate plastic straws by 2020
Starbucks announced on Monday that it will eliminate all plastic straws for cold drinks in its 28,000 global stores within two years and replace them with recyclable straw-free coffee-cup lids and biodegradable plastic straws.
BMW to raise prices in China due to trade tensions fallout
BMW will be forced to raise the prices of its vehicles sold in China due to higher import tariffs, the German luxury carmaker announced on Monday.
Ofo withdraws bikes from Chicago due to locking rules
China-based ofo announced on Monday to suspend its bike-share scheme in U.S. third biggest city Chicago due to controversial locking rules.
China to raise retail prices of gasoline, diesel
China will raise the retail prices of gasoline and diesel from Tuesday, after two price cuts in a row in June, the country's top economic planner announced Monday.
U.S. tariffs increases costs for its own enterprises: observers
Observers in the United States are warning that additional tariffs imposed by the U.S. on Chinese products could put its own companies at risk.
Smartphone maker Xiaomi debuts on Hong Kong stocks
Chinese smartphone maker Xiaomi debuted on the Hong Kong Stock Exchange Monday, the first company which adopts a weighted voting rights with dual-class shares after Hong Kong's major listing regime reform in 25 years.
International Community Condemns US for Trade Friction
The general consensus in the international community is that the United States of America, by waging a trade war, has blatantly violated WTO rules, and in so doing has seriously undermined the soundness of the global industrial and value chains and interrupted the international order of trade and the global economic recovery.
California's record almond harvest clouded by U.S.-China trade war
As California projected a record almond harvest for the 2018 season, growers are concerned that the state's largest agricultural export could be hurt by the trade war ignited by Washington.
How China, US tariffs could impact economic outlook
The US' planned tariffs on 34 billion US dollars' worth of Chinese imports took effect on Friday, ratcheting up already heightened tensions between the two sides, with Beijing swiftly announcing it will take necessary countermeasures to safeguard the interests of its people.
Xiaomi becomes market leader in India
Xiaomi smartphones surged to take a 31 per cent share of shipments in India in the first three months of this year compared to just over 13 per cent in the same quarter last year.
Mobike drops requirement to make a deposit to hire its bikes
Mobike, one of China's leading share bike companies, announced on Thursday that users will no longer need to pay a deposit to use its services.
SMEs innovate cooperation to highlight China-EU economic ties
This year marks the 15th anniversary of the establishment of the China-EU comprehensive strategic cooperation partnership. It's also the 20th anniversary since the start of formal dialogue between the leadership of the two sides.
£5 million China tech boost for Northern UK
Later in July, the 11th China UK Entrepreneurship Competition will launch. The competition aims to encourage new business ventures between China and UK.
US lets ZTE resume some activity
The United States has temporarily allowed Chinese telecoms company ZTE to resume some activities while it works to meet conditions set by Washington in a politically charged settlement reached last month.
EU warns U.S. of counterproductive effect on possible car tariffs
The European Union (EU) warned Washington imposing import tariffs on cars and car parts would be "counterproductive" and could affect up to 290 billion U.S. dollars of U.S. exports.
France joins Ireland and UK in China beef market hopes
A technical agreement has been made between China and France over beef hygiene and inspection.
SAIC plans all electric sports car for MG UK
Iconic British motor brand MG could be set to return to its roots, with the revelation by Chinese owner SAIC that the marque is set to launch a new sports car.
SF Airlines tops China's air express industry with 45 all-cargo freighters
SF Airlines, the aviation branch of China's express giant SF Express, has just added its 45th all-cargo freighter plane, the company said Monday.