Business

U.S. extends steel, aluminum tariff exemption for EU, Canada, Mexico

The White House announced that the steel and aluminum tariff exemptions for EU member countries, Canada and Mexico will be extended until June 1 in order to give "a final 30 days" for them to reach agreements over negotiations.

Chinese brands show their vehicles can rival market leaders

Chinese car manufacturers are increasing their presence at the Beijing auto show. Domestic brands are showing their flare for electric vehicles and SUVS.

LeEco founder's electric car to undergo tests in China

California-based electric vehicle maker Faraday Future, backed by indebted LeEco founder Jia Yueting, will put its FF91 on display, as well as put it through testing in May in China, reports International Financial News.

Chinese smart phone brands gain huge popularity around the world

Chinese smart phone brands like Huawei, Xiaomi, OPPO and Vivo have started to make it on to top sales list around the world, particularly in European and Asian countries, reports the People's Daily.

China's manufacturing maintains rapid expansion in April

China's manufacturing sector expanded at a slightly slower pace in April from the previous month, but still maintained "momentum of steady growth," new data showed Monday.

Bezos' Blue Origin launches its 1st space mission of 2018

Blue Origin, the U.S. aerospace company owned by Amazon founder Jeff Bezos, has launched Sunday its suborbital New Shepard rocket and space capsule. 
 

China's first Atlantis resort opens in Sanya

China's first Atlantis resort opened in Sanya on Saturday, marking a tourism milestone in tropical Hainan province and ushering in a higher level of service with integrated high-end entertainment, said local officials.

Huawei says it has no plan to unveil Android replacement

​China's tech giant Huawei said on Sunday that, for the foreseeable future, it has no plans to release its own operating system to replace Android.

China releases rules to open securities sector to foreign investors

China has released new management rules on foreign investment in the securities sector as the government takes steady steps to open its financial sector wider.

Australian businesses eye China's first import expo

China's first global import expo, to be held later this year, is expected to offer unprecedented opportunities for Australian businesses to tap the Chinese market.

China-EU economic, trade relations enjoy bright future: ambassador

China-EU economic and trade relations have a bright future, the Chinese ambassador to the bloc has said.

New freight train symbol of cooperation with China: Austrian president

​A new China-Europe freight train arrived in Vienna on Friday, which Austrian President Alexander Van der Bellen described as a symbol of the cooperation between China and Austria.

China further opens banking, insurance sectors

China Friday rolled out a set of measures to open its financial sector wider to the world, including expanding business scopes of foreign-funded banks.

China-Russia trade volume expected to reach 100 bln USD this year

Trade volume between China and Russia is expected to reach or even exceed 100 billion U.S. dollars this year, according to the Ministry of Commerce (MOC).

China's industrial profits up 11.6 pct in Q1

Profits of China's major industrial firms maintained a steady growth, but at a slower pace of 11.6 percent in the first quarter of 2018, data showed Friday.

China will continue to safeguard multilateral trade system: MOC

China said Thursday it will work with other members of the World Trade Organization (WTO) to safeguard the multilateral trade system and protect their own rights and interests.

Nissan to introduce 20 new electric models to China within five years

Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition.

Half of Chinese visitors in the UK go to Bicester

​Over 50 percent of all Chinese visitors to the UK will visit Bicester Village during their stay.  The famous outlet centre is popular amongst Chinese visitors.

​Electric cars unveiled at Beijing Motor Show

Automakers are rolling out their new electric vehicles at the 2018 Beijing Motor Show, the motor industry's biggest sales event this year.

Ctrip, Boom Supersonic partner to bring supersonic travel to China

China's leading online travel agency Ctrip has made a strategic investment in supersonic airplane developer Boom Supersonic to bring supersonic flight to China.

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