Business

China growth likely stable in April: report

China's economy is likely to have remained stable in April, with major indicators pointing to continued growth, according to a report by Standard Chartered Bank.

Travel company rules suspected of infringing on consumer rights

The Jiangsu Province Consumer Council has requested meetings with 8 airlines and 7 online ticket platforms to discuss their ticketing policies, reports Xinhua News Agency.
 

Buffett says world depends on U.S., China for growth

U.S. billionaire investor Warren Buffett said Saturday that the world depends on the US and China for progress, dismissing concerns that the two countries' trade tensions could potentially escalate into a trade war.

China limits banks' risk exposure

China's banking regulator has limited commercial bank's risk exposure to avoid systemic risk.

What's next for planned Tesla Gigafactory in China?

Debate is now underway in China, as to where in the country Tesla intends to open its new manufacturing facility later on this year. Observers are suggesting the company is now being faced with a number of new factors to consider.

China opens iron ore futures to international investors

Foreign investors began trade in domestic iron ore futures on the Dalian Commodity Exchange (DCE) Friday, another step in financial opening-up.

Top finance officials stress need to resist protectionism

The finance ministers and central bank governors of China, Japan and South Korea stressed on Friday the need to resist "all forms of protectionism".

China's BYD, US Hybrid to develop first-ever hydrogen electric bus

China's leading electric vehicle maker BYD announced Wednesday to team with US Hybrid Corporation to develop a hydrogen fuel cells battery-electric bus. 
 

Adidas earnings boosted by growth in U.S. and Chinese markets

The earnings of German sportswear manufacturer Adidas have experienced a boost from the strong development of its U.S. and Chinese markets, quarterly figures published by the company on Thursday show.

Measures to further open up China's financial sector underway

Measures announced earlier last month to further open up China's financial sector are now underway, with a number of foreign investors now taking part.

Chinese firm CRRC to start metro construction in Moscow

​In May the China Railway Rolling Stock Corporation (CRRC) will begin building two metro tunnels with three stations in Moscow, reports Russian news agency Sputnik.

China details rules on RMB outbound investment scheme

China's central bank on Thursday allowed RMB Qualified Domestic Institutional Investors (RQDII) investors to invest in yuan-denominated assets overseas but banning them from moving yuan out of the country for forex purchases.

Xiaomi to launch IPO in Hong Kong

China smartphone maker Xiaomi has delivered an application to Hong Kong Exchanges & Clearing Limited for an IPO.

WorldFirst applies for spot in third-party payment market

​China's central bank, the People's Bank of China, received the first application from a foreign payment company to enter the country's booming third-party payment industry on Wednesday.
 

Huawei’s youth brand going international

Chinese telecoms giant Huawei has demonstrated remarkable sales growth over the last few years, both in China and overseas.

Chinese airlines fly to the top of brand rankings

"Chinese airline brand values are taking off as they spread their wings with greater growth beyond the domestic market," according to research undertaken by Brand Finance for their recent publication Airlines 50 2018.

AIIB approves two new applicants, expands membership to 86

The Asian Infrastructure Investment Bank (AIIB) announced Wednesday that its board of governors has adopted resolutions approving applications from Papua New Guinea and Kenya to join the bank, bringing its total approved membership to 86.

Supermarkets trial facial recognition at checkouts

Shoppers at a supermarket in Beijing can now pay for their food using nothing but their face. 7FRESH, a supermarket in Beijing operated by Chinese e-commerce giant JD.com, is testing automated checkouts which use facial recognition.

Proposed US tariffs on Chinese imports could cut 134,000 US jobs: report

A study published by US researchers says that the Trump administration's proposal to impose further tariffs on imports from China is estimated to hurt the U.S. economy and cost thousands of American jobs.

U.S. decision on steel tariffs prolongs market uncertainty: EU

The European Union (EU) on Tuesday said the U.S. decision to extend the bloc's exemption from import tariffs on steel and aluminium has prolonged market uncertainly and has impacted business decisions. 
 

HomePrev...76777879808182...NextEndTotal 100 pages