China will adjust the import tariff rates and items on certain goods starting from January 1, 2025, in an effort to expand domestic demand and advance high-standard opening up, authorities announced Saturday.
The gains of American agricultural companies at the CIIE underscore the vast potential and open attitude of the Chinese market while highlighting the complementarity and cooperation space between China and the US in the agricultural sector.
Some in the US tend to perceive China as a primary contributor to the country's trade imbalance, and this perspective has become so entrenched that it allows little room for differing opinions.
Finnish President Alexander Stubb will pay a state visit to China from October 28 to 31, the Chinese Foreign Ministry announced on Friday. Experts said the complementarity between Finland's cutting-edge technological advancements and China's extensive production capabilities presents abundant opportunities ...
The US may be on the brink of cutting interest rates, but the bigger challenges facing the US economy are only just beginning. The high-tech industry in the US has not fully shown its positive impact on the manufacturing sector, ...
Global financial markets experienced a significant surge on Friday, as stocks, gold, and oil all rallied following US Federal Reserve Chair Jerome Powell's clear indication that lower interest rates are imminent.
China National Gold Group Corp, the only state-owned enterprise in China's gold industry, will maintain a strong focus on securing strategic mineral resources and stands prepared to capitalize on acquisition opportunities, its chairman said on Wednesday.
Chinese Commerce Minister Wang Wentao met in succession with global business executives, including Apple CEO Tim Cook and SK Hynix CEO Kwak Noh-Jung over the last two days. Analysts believe that these visits by prominent CEOs demonstrate the enduring ...
Profits of China's major industrial enterprises fell 2.3 percent in 2023, continuing a month-on-month narrowing that began in March, an ongoing recovery that underscores the resilience and innovation of the Chinese economy, experts said.
The seventh session of the 14th National People's Congress Standing Committee on Friday passed the Food Security Law. The new legislation will take effect on June 1, 2024.
As Apple appears to accelerate its supply chain shift from China to India, there is a rising urgency for China to protect its critical supply chain capacity.
Chinese President Xi Jinping on Monday met with South African Deputy President Paul Mashatile in Beijing, as both sides eye strengthened cooperation.
China's first domestically-built large cruise ship, the Adora Magic City, completed its formal delivery on Saturday, a development that experts said marks a breakthrough for China's high-end manufacturing as well as international cooperation.
The US Commerce Department on Friday issued a final determination that five Chinese solar panel companies have been circumventing anti-dumping and countervailing duties by routing their operations through four Southeast Asian countries.
As Chinese Premier Li Qiang is to wrap up his first overseas visit to the EU since taking office, experts said on Friday that the trip saw Li repeatedly stress the potential of China-EU cooperation and pledge that China will ...
President of the Republic of Honduras Iris Xiomara Castro Sarmiento formally requested the country's admission to the BRICS-led New Development Bank (NDB) after she visited the headquarters of the bank in Shanghai on Saturday. She also visited a Huawei research ...
China and Australia are expected to see marked improvement in their trade ties with the two countries ramping up efforts to shore up economic cooperation following the recent resumption of high-level visits and dialogues, experts said.
Australian Trade Minister Don Farrell's visit to Beijing witnessed multiple encouraging signs in the stabilized recovery of China-Australia cooperation, including the resumption of a landmark high-level economic meeting and the minister's tour of Beijing's iconic Forbidden City.
Together with its peers, Samsung Electronics appears to have borne the brunt of the current US chip hegemony that has completely disrupted the supply and demand balance in the global chip industry, leaving these tech giants to facing ongoing uncertainty.
Chinese electric vehicle battery giant Contemporary Amperex Technology Co (CATL) is planning to raise at least $5 billion by listing global depositary receipts (GDR) in Switzerland as early as May, Reuters reported on Wednesday.
China and India have massive potential to cooperate and contribute to global development, but hurdles are rising, as the US steps up its attempt to loop India into its containment strategy against China.
Local residents and tourists swarm Sunday morning to the Shanghai Longhua Temple, the oldest and largest of its kind in the city, to pray for good luck, health, and prosperity in the Year of the Rabbit. It is a festive ...
Japan has shown the tendency to blindly follow Washington's "decoupling" push, especially on the US chip ban, which is actually a sign that it is losing the ability to balance external cooperation.
US tech giant Apple told its suppliers to strictly comply with the Chinese mainland customs regulations and avoid labeling products from Taiwan island as "made in Taiwan," in another possible economic fallout of Pelosi's visit.
US Republican Senator Marco Rubio, known for his radical anti-China views, along with fellow Republicans, on Tuesday introduced a bill that is seeking to sanction China's purchases of oil and other energy supplies from Russia, according to a Bloomberg report.
China is not asking a favor from the US when it comes to Chinese companies' US listings. China-US audit cooperation talks are not something that only matters to China, but also to the US in terms of its market status ...
The EU and China will hold a high-level trade dialogue on Tuesday, which is expected to focus on discussions of a number of global economic challenges, including food security and energy prices, supply chains, financial services, and bilateral trade and ...
The Reserve Bank of India (RBI), the country's central bank, on Monday announced an arrangement to allow trade settlements between India and other countries in rupees, the Indian media Business Standard reported on Tuesday.
The Chinese armed forces will fight to the very end if anyone dares to split Taiwan from China, said the Chinese defense chief in a speech delivered at the Shangri-La Dialogue on Sunday. Chinese analysts said this is the strongest ...
As pro-growth meetings at central levels are having a huge effect across the country, China's local authorities have speeded up the implementation of various policies and measures aimed at stabilizing the economy.
The US is notorious for fomenting chaos and interfering in the internal affairs of other countries through various means for its own self-interests and ideological purposes, bringing devastation and even bloodshed to many countries and regions around the world.
Canberra needs to stop trying to sabotage normal cooperation deal between China and the Solomon Islands, or it will be rejected and discarded by regional countries as an unwelcome troublemaker.
It seems that a gradual embargo on Russian oil has become the focus of the latest round of US-led economic sanctions against Russia, which may lead to further volatility throughout the world economy.
While it is unclear whether resisting the mounting pressure from the US government to take a side on the Russia-Ukraine conflict will be a turning point for China-India relations in the coming months and years, there are indeed mounting calls ...
As the Omicron variant of COVID-19 rages out of control and infecting a record number of people in Western countries like the US, it is nothing but irony to see Western media outlets talk more critically than ever about sporadic ...
Lithuania has turned to the EU for help after local media outlets hyped that the Chinese customs had blocked all imports from the Baltic nation amid an escalating diplomatic dispute over the Taiwan question. But if the EU respects the ...
Starting from Wednesday, Chinese exports to 27 EU members, the UK, Canada, Turkey, Ukraine, and Liechtenstein will no longer enjoy the preferential tariff treatment under the Generalized System of Preferences (GSP), and Chinese Customs will stop issuing GSP certificates of ...
The recklessness and provocation displayed by former Australian prime minister Tony Abbott over the Taiwan question may be far from being a sign of Australia about to commit any crazy act, but representing a worrying sign that some extreme anti-China ...
Senior Chinese and US officials conducted 'candid, pragmatic and constructive' exchanges on trade, the Ministry of Commerce (MOC) announced on Saturday, and the Chinese side lodged representations on lifting additional tariffs and sanctions.
As the Chinese society is watching whether Chinese real estate giant Evergrande can weather a liquidity crisis through an asset selling spree, some from the West have already gone too far in hyperventilating about its spillover effects on the world ...
As the Taliban reportedly invited six neighboring nations, including China, to attend an event dedicated to the announcement of the composition of new Afghan government and sought for cooperation with China, there has been rising speculation about China's potential participation ...
The Biden administration's clampdown on Chinese companies trying to invest abroad in chip-related assets appears to be moving in a dangerous direction, one that requires vigilance from the global high-tech players.
US Republican Senator Marco Rubio on Tuesday renewed calls to block short-form video sharing app TikTok in the US, after some media reports said China took an ownership stake in a subsidiary of ByteDance, the Beijing-based parent company of TikTok, ...
Despite the continuous decline in volume, China's iron ore imports in June still recorded a rebound in value from the previous month, an indication that it has become an urgent need for the country to diversify sourcing of the commodity.
With the prime ministers of Australia and New Zealand set to meet on Sunday for the first time in 15 months, some Australian media outlets appeared to be using the timing to drive a wedge between New Zealand and China, ...
The fact that Australia has once again become the first country that China has warned against studying in for 2021, appears to have dashed hopes of the easing of trade tensions between the two countries, any time soon. Even worse, ...
Chinese smartphone maker Xiaomi confirmed with the Global Times on Saturday that it has filed a lawsuit against the US defense and treasury departments over an investment ban that forces American investors to divest their holdings from the company's securities.
Britain and the European Union agreed to a new Brexit trading arrangements on Christmas Eve, CNBC reported. The deal is a Christmas gift not only for the British economy but also for the COVID-19-battered global financial market.
Recent market attention over whether coal will be the next commodity to be impacted by the precipitating deterioration of China-Australia relations is understandable. Although BIMCO figures indicated that Australia was the best performer among all the major coal exporters to ...
Japanese Prime Minister Suga Yoshihide started his first overseas tour on Sunday since assuming office. During the four-day tour, Suga is scheduled to visit Vietnam and Indonesia, two Southeast Asian countries that both hold significant influence in the region.
Whether or not China has fired a shot at coal imports from Australia has become the focus of attention in political and business circles. According to trade publication S&P Global Platts, Chinese state-owned power plants and steel mills received verbal ...
Canada has abandoned free trade negotiations with China, the country's Foreign Affairs Minister François-Philippe Champagne said in an interview to The Globe and Mail, citing no existing conditions for continuing the talks.
As the US Commerce Department issued on Friday an order banning downloads and the use of popular Chinese apps WeChat and TikTok, the iron curtain that decouples the internet systems of China and the US has virtually fallen, but that ...
While the US Commerce Department announced TikTok would be banned from app stores starting on Sunday, other restrictions on TikTok will come in effect on November 12. The timing indicates the still elusive nature of the complicate situation surrounding the ...
India recently announced a $500 million package to fund a connectivity project in the Maldives, which plans to link Male to several other islands and is expected to become the largest civilian infrastructure project in the country, according to media ...
China's Ministry of Commerce announced on Tuesday that it had launched an anti-dumping investigation into imports of wine from Australia, a development many fear signals a downward spiral in the bilateral relationship.
The preferential policies and investment opportunities offered by South China's Hainan Province, which is transitioning into a free trade port, are attracting investment despite the coronavirus pandemic.
Australia's federal cabinet is scheduled to discuss special immigration policy options for residents of Hong Kong on Wednesday, according to an article published by The Sydney Morning Herald.
Since the coronavirus outbreak in Pakistan, the frustrations experienced during the construction of the China-Pakistan Economic Corridor (CPEC) have received widespread attention.
Certain Western media outlets are tireless in exaggerating any setback related to the China-proposed Belt and Road Initiative (BRI), but that is a sign of the growing influence of the grand economic cooperation and development plan.
China's iron ore supply is expected to remain under considerable pressure in the near future as the rapid increase in new coronavirus cases in Brazil will likely impact local production, experts noted on Saturday.
After months with almost no new COVID-19 infections in Beijing, there are renewed concerns of a resurgence of domestic transmissions. Dozens of new cases have been reported in recent days. According to local health officials, all cases can be traced ...
US Republican Senator Rick Scott, one of the loudest China hardliners, recently urged Australia to join the US in a new "Cold War" against China.
Australian Trade Minister Simon Birmingham told the Australian Broadcasting Corp on Monday that their request for a talk with his Chinese counterpart hasn't yet been met. The complaint-like statement underlines the current state of China-Australia relations, which have slid to ...
Due to the impact of the COVID-19 pandemic, Argentina is on the brink of another debt default, posing a certain risk to some Chinese infrastructure projects in the Latin American nation.
US-listed Chinese online education platform GSX Techedu is in trouble after shortseller Citron Research alleged that it has evidence to show that the company is engaged in fraud, including inflating its user base.
Despite pandemic economic spasms overseas, businesses in East China's Zhejiang Province showed resilience thanks to their quick response, highly digitalized operations and commitment to restoring globalization against the headwinds.
After early success in containing the coronavirus, Singapore suddenly emerged as Asia's third most infected nation after China and India. The island-nation just overtook Japan with the total number of infections exceeding 13,000, which somehow indicates the gravity of the ...
Recent hyping of anti-China sentiment on India's social media networks may risk sabotaging potential cooperation between the two neighbors in the global pandemic fight.
Apple announced on Saturday to take the unprecedented move of temporarily shutting all of its retail stores outside the Chinese mainland, Hong Kong, Taiwan, and Macao for the next two weeks, in response to the escalating global spread of coronavirus.
The People's Bank of China (PBC), the country's central bank, is likely to further lower the loan prime rate (LPR), the market-oriented benchmark lending rate, next week to ease financial strain for businesses in the aftermath of a relentless coronavirus ...
While many industries in China are expected to see customers rush to make up for lost time in spending once the coronavirus outbreak ends, a rapid recovery in domestic consumption may not come as easily as expected.
With the positive signs emerging in the fight against the novel coronavirus pneumonia (COVID19), China is scrambling to restore business operations as the provinces, municipalities, and autonomous regions have issued supportive policies for enterprises to revive production quickly.
Traders in Northwest China's Xinjiang Uygur Autonomous Region have largely seen their businesses falter amid the coronavirus epidemic as a result of the blockade on the China-Kazakhstan Khorgos International Border Cooperation Center and workers' inability to return.
As the outbreak of the novel coronavirus (2019-nCoV) rattles the Chinese economy, globalization is also expected to face an unprecedented test from the sudden shutdown of the world's factory.
Despite the slowdown across all major economies, it is shocking to see the Indian economy faltering at such a faster pace. According to the latest forecast by India's National Statistical Office, the economy is estimated to have grown only 5 ...
Year 2020 will be crucial for the Indian economy, which urgently needs a shot in the arm before the stalling growth becomes irreversible. But it may be a tough choice for the government given its limited fiscal space.
The second phase of the China-Pakistan free trade agreement (FTA), which took effect Sunday, is expected to further bridge the trade deficit between the two countries by boosting Pakistani exports to China.
The fate of the Regional Comprehensive Economic Partnership (RCEP) may again take a fresh turn with a top Japanese negotiator saying on Friday that the country was not considering signing the trade pact without India.
A DC Comics poster showing Batman holding a petrol bomb has triggered heated debate online for its seemingly implicit support of Hong Kong's rioters.
China is expected to overtake the US as the world's largest importer while retaining its position as the world's top exporter for years to come, the chairman of a blue-chip US consulting firm said in Beijing on Friday.
Chinese President Xi Jinping on Tuesday opened a major import fair that has been described as an epitome of China's continuing reform and opening-up efforts in Shanghai, where he underscored the country's steadfast commitment to economic globalization and vowed to ...
The forthcoming second China International Import Expo (CIIE) will act as another major driver for the bilateral cooperation between China and Greece based on their sound political foundation, Greek business representatives and experts said on Monday.
The importance of pork, the primary protein source on the Chinese table, has become especially noteworthy this year. Pork prices soared 27 percent, 46.7 percent, and 69.3 percent year-on-year in July, August, and September, respectively, pushing China's consumer price index ...
Diwali, the festival of lights, has just seen a sharp rise in sales of Chinese goods in India. From the festival-related Chinese products flooding Delhi's wholesale market to the 30 to 40 percent increase in Xiaomi's festival sales, there are ...
As large-scale labor-intensive industries begin to form in Northwest China's Xinjiang Uyghur Autonomous Region, thousands of young people and women are going into the factories through government poverty alleviation projects, a development indicating that the rise of China's western region ...
Central and eastern European countries (CEEC) appear to be divided over attitudes to Huawei's 5G technologies.
Huawei is betting its chance of success in the US on licensing its 5G network technology to US telecom carriers. According to media reports, the Chinese technology giant is currently engaged in early-stage talks with some interested US companies.
Chinese netizens are calling for an official apology from Ctrip after a system glitch affected travel arrangements of hundreds of users on Wednesday and Thursday.
Some fanatical US hawks need to take a closer look at what the Chinese economy has achieved over the past 70 years, instead of devising crazy ideas about a US-China decoupling. Why? Because they are playing with fire and seriously ...
The US is imposing new sanctions on five Chinese nationals and six Chinese companies for shipping Iranian oil, the US Treasury Department announced on Wednesday. It is not the first time that the US has blacklisted Chinese companies over Iran. ...
Some have blamed the lackluster development of India's internet industry on the country's brain drain, but this may be a false proposition.
China's September loan prime rate (LPR) was lowered 5 basis points to 4.2 percent for one-year maturities on Friday, according to the National Interbank Funding Center, a unit of the People's Bank of China (PBC). The five-year prime rate, which ...
At a ministerial-level meeting in Abu Dhabi on Thursday, the Organization of the Petroleum Exporting Countries (OPEC) and its oil-producing allies reaffirmed the compliance to the previous output reductions. OPEC+, a 14-nation cartel and a group of 10 allied countries, ...
The Indian economy expanded at 5 percent year-on-year in the second quarter of 2019, the slowest pace in over six years. The data emerged not long after Indian Prime Minister Narendra Modi expressed his confidence that India can become a ...
For Wang Liang, deputy chief of the Traffic Police General Brigade under the Shanghai Public Security Bureau, the line between the virtual and physical reality blurred, when he approved the virtual character Hajiang's application to be a volunteer to promote ...
Chinese artificial intelligence (AI) chips sector is experiencing strong growth, with certain competitive edges in 2019 despite a US technology crackdown, though there remains a big gap to fill, company representatives attending the 2019 World Artificial Intelligence Conference (WAIC 2019) ...
Chinese technology giant Huawei Technologies Co and the Shanghai municipal government on Thursday launched the Kunpeng Industrial Ecosystem Innovation Center in the city's Xuhui district.
The 2019 World Artificial Intelligence Conference (WAIC), which starts on Thursday, will feature 300 companies showcasing their latest artificial intelligence (AI) technologies and application scenarios.
Warning signals are flashing. In the US, the yield on the benchmark US 10-year Treasury note fell below the two-year rate, a bond market phenomenon that has historically heralded a brewing economic recession. And the US is not the only ...
It is more urgent than ever for American farmers to seek planting advice from US President Donald Trump instead of agronomists amid the escalating trade war between the world's two largest economies. Trump, who repeatedly vowed to protect American farmers, ...
Last week, China's General Administration of Customs announced it had approved soybean imports from all parts of Russia and wheat imports from the Kurgan region of Russia.
The trade war may trigger competitive currency devaluation in many countries which could lead to chaos in global financial order, former central bank governor Zhou Xiaochuan warned on Friday.
China's hydrogen fuel cell industry has undergone rapid development since the mentioning of hydrogenation facilities in this year's government work report, attracting investment from more and more companies and local governments. While there are companies with real R&D and innovation ...
With Marvel's blockbuster Avengers: Endgame and Lebanese film Capernaum released in China on April 24 and 29, respectively, the two titles are well positioned to earn big at the Chinese box office by taking advantage of the four-day May Day ...
With the implementation of the Belt and Road Initiative (BRI), the importance of the water conservancy sector in infrastructure construction has been well recognized in the global arena. However, despite ample development opportunities, there are still enormous risks and challenges ...
The world has been closely watching the latest round of high-level trade negotiations between the US and China, which took place in Beijing on Thursday and Friday, for clues as to whether a trade resolution will be reached before the ...
With China's official economic growth coming in at 6.6 percent in 2018, it seems certain that India again would overtake China as the world's fastest growing economy. While official data about the Indian economy is still unavailable, the World Bank ...
With China-US trade talks continuing, it may be too early to think China would slash its US Treasury holdings significantly.
The scandal surrounding Chinese healthcare products maker Quanjian continued to grow as police in North China's Tianjin detained 18 suspects, including the controller of the company, on January 7, with two other suspects released on bail pending trial.
The darkest hour for the Chinese stock market may be the best time for investors to ditch US equities and increase their holdings of Chinese stocks.
As China is trying to act on its previous commitments to bring an end to the trade war, the US should not create additional obstacles to trade talks by rogue means.
While the US has resorted to various means to target Chinese tech giant Huawei, China will beat back any efforts to contain its technological advancement by furthering opening-up and cooperation.
US President Donald Trump may think a trade war will force manufacturers to move their production chains away from China. But in fact, his attempt will only come back to bite the US.
Although Taiwan-based electronics manufacturer Foxconn denied media reports saying it is considering bringing Chinese workers to staff its plant in the US state of Wisconsin, it seems the manufacturer still has trouble recruiting enough skilled workers from the local labor ...
As the China-Russia comprehensive strategic partnership of coordination has entered its best period, media outlets of the two countries should seize the opportunity to deepen cooperation, a Chinese senior official said at the Fourth China-Russia Media Forum on Sunday in ...
It is clear that India's economy still has tremendous growth potential despite such problems as severe wealth inequality, massive unemployment and poor infrastructure, but whether the potential can be fully realized depends on how the country adjusts its reform policies.
US lawmakers are reportedly working on legislation to tighten oversight of technology transfers, a seemingly overprotective move that could undermine the global competitiveness of US companies by excluding Chinese partners from their global value chains.
While the US business community appears more confident about China's further opening-up to foreign investment, it is equally important that the country improves policy enforcement so that foreign companies can truly understand and benefit from China's reform and opening-up.
Reports that the US government may build a national fifth-generation (5G) telecoms network to counter the threat from China indicate that the next-generation wireless technology has become a key area of global competition between China and the US.
Ahead of British Prime Minister Theresa May's trip to China this week, disagreements between the two countries over the Belt and Road initiative (B&R) have reportedly cast a shadow over the potential outcome of the visit, which has become an ...
Some politicians in Southeast Asian nations never tire of playing political games by smearing Chinese investment, a typical manifestation of nationalism that actually represents an irresponsible attitude toward their own national interests.
The Trans-Pacific Partnership (TPP) has reportedly been revived, with 11 countries expected to sign an agreement for the new version of the trade pact in Chile on March 8.
With improving connectivity between China and Europe under the Belt and Road (B&R) initiative, tapping the full potential of European exports to China will be crucial for the new logistics network to play its role.
Observers who are interested in comparing the growth prospects of China and India often cite the large pool of MBA talent as one of India's major strengths, but the jobs these graduates do ironically reflects the weakness of the economy.
Deutsche Bundesbank, Germany's central bank, has decided to include the yuan in its reserves, a move that will not only further boost the internationalization of the currency but also indicate Germany's willingness to maintain close economic and trade relationships with ...
The collapse of Chinese technology giant Huawei Technologies Co's planned deal with US carrier AT&T Inc is more of a political issue than a business one, and it will escalate tensions between China and the US over trade and global ...
As 2018 will be crucial to China's efforts to tame the country's bubbly real estate market, authorities should be wary of any possible resurgence in speculative buying as curbs are relaxed.
China should pay more attention this year to the quality and effectiveness of its economic cooperation with and assistance to Pakistan, as ties are set to get closer amid hostility from the US.
After the deadly Amtrak derailment in the US state of Washington, US President Donald Trump tweeted that the accident underscores the need for his infrastructure plan. But it's misleading to talk about infrastructure without mentioning the deficient management system, the ...
As the UK looks to strengthen ties with China after leaving the EU, China hopes that the country will wrap up its Brexit negotiations as soon as possible to end uncertainty over potential economic cooperation.
While Chinese Internet-related IPOs have been getting high valuations in overseas markets, domestic regulators shouldn't forget the dotcom bubble of the late 1990s. Any repeat of that spectacular boom and bust may backfire and overshadow the development of China's Internet ...
Australian businesses in China are reportedly keeping a low profile as they worry about possible consumer boycotts in the Chinese market, a development underlining rising bilateral tensions.
Some media outlets are interpreting a lawsuit filed by Sinopec in the US against Venezuelan state oil company PDVSA as a sign of China's growing impatience over the ailing economy in Venezuela, but the case just reflects a normal bilateral ...
As Chinese companies' mega infrastructure projects encounter setbacks in some neighboring countries, it may be time for China to put more emphasis on encouraging the overseas development of its small and medium-sized enterprises (SMEs), which could provide a breakthrough for ...
While maintaining strict capital controls, China should also step up its crackdown on underground banking and other means of evading limits on capital outflows, all of which are crucial in avoiding a “Minsky Moment.”
The Japanese government appears to have readjusted its attitude toward the China-proposed Belt and Road (B&R) initiative, a development that underscores the country's increasing awareness of the importance of the Sino-Japan relationship, especially the economic aspect of it.
The summit of the Shanghai Cooperation Organization (SCO), scheduled to be held on Thursday and Friday in Sochi, Russia will be the first to have India and Pakistan as full members since their inclusion in June.
While India's abrupt demonetization of high-value banknotes in November 2016 appears to have failed to achieve the intended objective of eliminating black money, the move did have some positive impact on the digital currency sector. But whether the overall result ...
Recent news of alleged child abuse in kindergartens and daycare centers has shocked China and sparked public outrage, begging the question of whether private capital can be trustworthy in providing public services.
As China's bicycle-sharing boom appears to have ground to a halt, it has become especially urgent for Chinese financial regulators to keep a closer eye on the sharing sector.
The Sino-Philippine relationship has entered a new stage of mutual benefit, with fruitful results achieved in pragmatic cooperation in multiple fields.
Explosions were reportedly heard on Wednesday in Harare, capital of Zimbabwe, with soldiers blocking main roads in the city and taking over the headquarters of the state broadcaster. Amid the escalating political turmoil, the US and British embassies in Zimbabwe ...
China's opening-up policies are entering a new stage as the government has just announced it would relax a broad range of limits on foreign ownership in multiple sectors.
With work about to start on India's first bullet train project linking Mumbai and Ahmedabad, the country is set to take a great leap in rail infrastructure in the years to come.
While trade ministers of the 11 countries that remain in the Trans-Pacific Partnership (TPP) agreed on Friday to push ahead with the free-trade pact without the US, it will still be challenging for the various parties to make the deal ...
Despite uncertainties over policy affecting high-technology fields, China and the US are likely to see tangible results in energy trade during US President Donald Trump's November 8 to 10 state visit to China.
US President Donald Trump is reportedly scheduled to meet Indian Prime Minister Narendra Modi ahead of the East Asia Summit in Manila, although the former will skip India during his November 3-14 Asia tour. Initiatives to improve connectivity in the ...
The Asian Development Bank (ADB) recently warned about Pakistan's economic vulnerability to fiscal and external problems, even though it maintained a relatively optimistic growth forecast for Pakistan's economy of 5.5 percent for the current fiscal year of 2017-18.
India ranked 100th out of 119 developing countries on the global hunger index (GHI), behind North Korea, Bangladesh and Iraq but ahead of Pakistan, according to a recent report issued by the International Food Policy Research Institute (IFPRI). The country ...
As it makes strenuous efforts to develop mobile technology for the fifth-generation (5G) mobile network, China has an unprecedented opportunity to remake itself from a follower into a leading innovator in the telecommunication industry.
China's grain production will likely remain above 600 million tons this year, news portal chinanews.com reported on Tuesday, citing estimates from the Ministry of Agriculture.
While analysts generally expect a decline in China's GDP growth in the coming months, the country's central bank governor has said that the economy will probably expand 7 percent in the second half of this year.
A senior South Korean official said last week that the country should reduce its trade reliance on the US and China, but that idea doesn't seem to be feasible in the real world.
While China and India have both contributed substantially to the declining trend in global inequality in recent decades, inequality within both economies has increased sharply, the IMF said in a recent report.
The patent war between Chinese smartphone maker Huawei Technologies Co and its South Korean rival Samsung Electronics Co has been in the headlines again recently, after China's State Intellectual Property Office (SIPO) announced its latest rulings on eight cases.
With the China-South Korea currency swap agreement scheduled to expire on Tuesday, it seems uncertain whether the deal will be extended given ongoing bilateral political tensions.
The eight-day National Day and Mid-Autumn Festival holidays in China, which ended on Sunday, led to an unprecedented boom in tourism, which not only boosted the economies of China and many other countries and regions, but also brought changes to ...
A bipartisan effort in US Congress to ban the so-called bump stocks – a device that allow a semi-automatic rifle to fire like a fully automatic one – seems to be the whole official reaction in the aftermath of the ...
While it is no secret that China is troubled by overcapacity in such traditional industries as steel and aluminum, it is unusual to see a US official warning of threat from China's future overcapacity in emerging sectors like robotics.
Property investors from the Chinese mainland are shifting their sights to Southeast Asia, a development that may have negative implications for the economies in that region, so tougher regulations are necessary.
China has just concluded negotiations on a free trade agreement (FTA) with a second South Asian country, a sign of its expanding trade activity in the region.
With China and Russia poised to deepen cooperation on space exploration, a long-term mechanism is needed to realize the full potential of their joint resources.
Chinese capital is not as keen to invest in the US as imagined, official data has shown, pointing to Chinese companies' frustration with US restrictions.
Short sellers never tire of accusing overseas-listed Chinese companies of fraud, but the market doesn't buy the story all the time.
Techno-geeks around the world are waiting with bated breath for the release of the most expensive iPhone that Apple has ever made, an event that was scheduled for Tuesday (US time) at its new headquarters in Cupertino, California. The financial ...
Rising rail freight volume between China and Europe is posing competition not only for maritime shippers but also for the air cargo sector, pointing to the potential of a regional multimodal freight system.
Alphabet Inc's Google is reportedly snapping up Chinese experts to specialize in artificial intelligence (AI) and machine learning for its Beijing office, a move underlining the fierce race for AI talent in the country.
Whether US President Donald Trump will follow the recommendation of a federal panel regarding the sale of an American technology company will give a clue as to how tough the US regulatory environment will be for Chinese investment in its ...
Amid the co-existence of globalization and protectionism, China and the US, the world's top two trading nations, are headed in completely opposite directions in world trade, which poses great uncertainties for global governance.
A joint proposal submitted by China and India recently to the WTO argues for a rule change in global farm trade, indicating that there is still scope for cooperation between the two rising powers given their common stance in the ...
It was supposed to be Southeast Asia and Africa that would replace China as low-end manufacturers in the global value chain, yet the rise of robots in China's factories raises doubts that this will actually happen.
Many say that winter is coming for China's Internet finance sector as the National Financial Work Conference in July emphasized strengthening supervision over the sector.
With Chinese traders along the border with North Korea suffering severe losses, China has been taking almost all the responsibility for the new economic sanctions the UN Security Council imposed on North Korea over its nuclear and missile programs. Yet, ...
Chinese Vice Premier Wang Yang's official visit to Nepal, which runs from Monday to Thursday, has put the Himalayan country under the spotlight, given the ongoing border standoff between China and India.
A trade war between China and India seems to be looming after the latter moved last Wednesday to impose anti-dumping duties on 93 products from China. Now Chinese companies must reconsider the risks of investing in India amid strained bilateral ...
It has been nearly three decades since US-based fast food chain Kentucky Fried Chicken (KFC) entered the Chinese mainland market. The story of its development in China reflects not only the success of the Western restaurant chain's cross-cultural operation, but ...
It comes as no surprise that Indian business activity contracted sharply after the implementation of a new national tax in July. Questions are being raised about whether the country's reform program is too aggressive and how long the economic sluggishness ...
Although it's not legal for households on the Chinese mainland to hire foreign nationals for domestic household service work, Filipino maids are known by many Chinese people for their professionalism. So a media report that five Chinese cities including Beijing, ...
The list of Chinese products covered by India's trade remedy investigations is getting ever longer, expanding from garments, glass, minerals and other low-end items to advanced products such as new materials and machinery.
An investigation has found that Shenzhen, South China's Guangdong Province, isn't just losing low-end factories, it's also losing advanced manufacturers, a warning of a hollowing out of the local industrial base. Higher costs for rent, labor and raw materials certainly ...
Editor's Note: Known as “the cannon” for the bluntness and fierceness of his comments, Ren Zhiqiang, the former chairman of board of Beijing Huayuan Group, claimed at a real estate forum on Sunday that housing prices in China will rise further, ...
After India's stock market hit record highs on Tuesday, Chinese social media was awash with intensive discussions, as many wondered why China's A-share market has performed not so good as its neighbor's equity market. Generally speaking, stock markets are a ...
The price earnings ratio of the ChiNext, China's NASDAQ-style board tailored for innovative and high-tech companies, is reportedly about to fall below that of the NASDAQ Composite Index for the first time ever. As China's securities regulators are expected to ...
Chinese companies' global ambitions were in the headlines again last week when Tencent Cloud, a cloud service venture under Internet giant Tencent Holdings, opened a data center in Frankfurt, Germany. It's the first time a Chinese cloud service provider has ...
Amid growing criticism of China's financial vulnerabilities, a major policy meeting this weekend mainly focused on curbing financial risk, a decision that is widely expected to set the scene for reforms in the next five years.
With the Sino-US 100-day economic action plan near its end, a Chinese delegation last week signed the second-largest purchase deal ever for US soybeans, another outcome of the bilateral trade talks under the plan. To a certain extent, the signing ...
Renowned electronics manufacturers Foxconn, Midea and Samsung have been in the headlines recently after announcing high-profile plans to invest and produce goods in India. As low-cost manufacturing is gradually moving away from China, it is now critical for India and ...
On Friday, Kenya kicked off the construction of its first special economic zone in Eldoret, a joint program between Kenya-based company Africa Economic Zone and China's Guangdong New South Group. According to the plan, the Africa Economic Zone Pearl River ...
It is time for China and Mexico, which are currently seeking trading partners amid the rising tide of protectionism and anti-globalization, to start contemplating a free trade agreement (FTA), especially after a Chinese official expressed China's willingness to negotiate such ...
It is unknown whether US President Donald Trump will really trigger a global clash with other major economies during the upcoming G20 Summit in Hamburg, especially after the EU, Australia, Russia, China and other economies warned the US against its ...
The long-awaited Goods and Services Tax (GST) finally took effect in India on Saturday, marking the country's biggest tax reform since its independence in 1947. The main questions now are whether the new tax regime can be effectively instituted across ...
It is not uncommon to see negative coverage in the Western media of Chinese investment in Africa, but the latest McKinsey report on China-Africa economic cooperation may serve as a reminder that the country's contribution to Africa's development should not ...
With China and Japan locked into increasingly fierce competition for infrastructure deals, exploratory talks between senior officials from both countries on connectivity of Asian infrastructure construction may not yield any results, but the effort should still be a reminder that ...
India's gold sector is expected to undergo a complete overhaul under a new nationwide sales tax system, an important part of its long-awaited tax reform. The Modi government has been radical in pursuing financial reforms, and whatever the result is, ...
Canada's Liberal government is in exploratory talks with China over possible negotiations on a free trade deal, but the country's opposition Conservative Party leader Andrew Scheer said in a recent interview that he would not hold free trade talks with ...
India and Afghanistan inaugurated a direct air freight corridor last week, a dedicated route designed to give a boost to trade between the two countries. This begs a question: Will India bypass Pakistan to develop trade with Afghanistan and other ...
Much attention has been focused on the EU summit this week, which will not only see Emmanuel Macron's first appearance since being elected president of France, but will also witness a proposal for more scrutiny over foreign takeovers of European ...
As both China and India are trying to increase their influence in Bangladesh, it may seem less favorable for China to insist on treating loans offered to Bangladesh as commercial credit, especially when India has announced it will give the ...
People often use warnings from history, but those warnings can sometimes be misplaced. The allegation that the China Pakistan Economic Corridor (CPEC) – a flagship project under the Belt and Road (B&R) initiative – would be a new form of ...
