BUSINESS >> Economy

China Focus: New produce from B&R countries make their way to Chinese homes

Chinese homes had once never heard of exotic products such as African shea butter, Spanish artichokes and Arabic herbs, but all this has changed thanks to increasing trade with Belt and Road countries.
Source: Xinhua | 2018/7/15 15:47:54

Fruit growers in US northwest worry about impact of US-China trade tensions

Fruit growers in the US northwest region are feeling uneasy about the current trade tensions between the United States and China as customs tariffs for some US fruits have significantly increased since the start of this month.
Source: Xinhua | 2018/7/15 15:45:03

Chicago soybean futures plunge over 6 pct weekly amid renewed trade frictions

Chicago Board of Trade (CBOT) agricultural commodities closed sharply lower over the trading week which ended July 13, with soybean futures plunging over 6 percent as investors turned to technical selling amid renewed China-US trade frictions.
Source: Xinhua | 2018/7/15 15:44:07

US-China trade tensions trigger concerns among American farmers, experts

The escalating trade tensions between the United States and China have triggered widespread concerns among farmers and experts in various US industries over the impending impact on the country's economy.
Source: Xinhua | 2018/7/15 15:43:03

Government takes control of railway projects to prevent rising local debts

Chinese authorities have urged the strengthening of supervision on urban transit design to avoid excessive pre-planning or construction projects that are too concentrated.
Source: Global Times | 2018/7/15 12:18:39

China's contribution to global growth highlighted as WTO concludes trade policy review

Members of the World Trade Organization (WTO) highlighted the importance of China's contribution to global growth in recent years as the institution concluded its seventh trade policy review (TPR) of China on Friday.
Source: Xinhua | 2018/7/14 23:41:14

Trade war will harm world economy: former French PM

America's current strategy is not friendly, it is based on unilateralism, former French Prime Minister Jean-Pierre Raffarin said during a lecture at China Europe International Business School (CEIBS) in Shanghai.
Source: Xinhua | 2018/7/14 23:39:51

US prices of imports, exports go different directions in June

US import prices decreased and export prices increased in June, the US Department of Labor reported on Friday.
Source: Xinhua | 2018/7/14 14:23:08

China to set up new cross-border e-commerce pilot zones for greater opening-up

China has newly identified 22 cities as venues for comprehensive cross-border e-commerce pilot zones in an effort to boost cross-border e-commerce, promote opening-up and upgrade foreign trade, the State Council announced Friday.
Source: CGTN | 2018/7/14 10:02:49

1st land-based China-Pakistan cross-border optical fiber inaugurated

The first ever land-based cross border optical fiber project between China and Pakistan was inaugurated Friday, a significant digital achievement under the China-Pakistan Economic Corridor.
Source: Xinhua | 2018/7/14 9:53:06

China records higher new yuan loans, slower M2 growth for H1

China's new yuan-denominated loans expanded to 9.03 trillion yuan (about 1.35 trillion US dollars) in the first six months of this year, 1.06 trillion yuan more than the same period in 2017, central bank data showed Friday.
Source: Xinhua | 2018/7/13 21:23:21

China attracts 60% of global AI investment: report

Source: Global Times | 2018/7/13 21:07:12

S.Korea expresses worry about economic uncertainty amid US protectionist moves

South Korea's finance ministry on Friday expressed its worry about economic uncertainties amid the US protectionist moves that would weaken global trade.
Source: Xinhua | 2018/7/13 14:39:23

China brings significant opportunities, makes great contributions to world economic, trade growth: senior official

Over the past 17 years since its entry into the World Trade Organization (WTO), China has brought significant opportunities and made great contributions to world economic and trade growth, said a senior Chinese official on Thursday.
Source: Xinhua | 2018/7/13 13:38:38

Hit by US tariffs, Chinese manufacturers look for new markets

Being certain that his products are subject to tariffs newly levied by the United States, Wu Tianwen reaffirmed his determination to explore opportunities in Asian and European markets.
Source: Xinhua | 2018/7/13 11:26:31

German business expects escalation of trade war by Trump

German companies should gear up for a further escalation of a swelling global trade conflict by US President Donald Trump, the country's Federal Association of Wholesale and Foreign Trade (BGA) warned on Thursday.
Source: Xinhua | 2018/7/13 9:36:57

U.S. accusing China of forced technology transfers, IPR theft unacceptable: MOC

The United States' accusations of China forcing technology transfers and stealing intellectual property rights (IPR) are disregarding historical facts and totally unacceptable, China's Ministry of Commerce (MOC) said Thursday.
Source: Xinhua | 2018/7/13 9:32:55

China's MOC issues statement on U.S. Section 301 investigation

China's Ministry of Commerce (MOC) released a statement Thursday regarding the Statement by the U.S. Trade Representative on Section 301 Action released on July 10.
Source: Xinhua | 2018/7/13 9:24:01

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