Posted inEconomy
China to raise gasoline, diesel prices
China will increase retail prices of refined oil products in light of a boost in international oil prices, according to a document released on Sunday by the National Development and…
Posted inEconomy
Microsoft’s plan to close retail stores won’t affect performance in Chinese market
Microsoft’s plan to close retail stores won’t affect performance in nation Microsoft's decision to stop operating many of its brick-and-mortar retail stores won't affect its business in China, a company…
Posted inEconomy
Chip sector expands in first half despite COVID-19 pandemic
Sales of integrated circuits in Shanghai, one of the Chinese cities with the most complete and mature semiconductor industry chains, grew 38.7 percent year-on-year from January to May, a welcome…
Posted inEconomy
Dragon Boat prompts spending jump, showcasing better-than-expected rebound
Economy shows better-than-expected rebound; 2-3% full-year growth seen Approaching the end of the second quarter, the Chinese economy continued to show promising signs despite a recent outbreak of coronavirus in…
Posted inEconomy
US farm produce exporters should avoid double standards in trade with China: experts
Understand China’s rules, US exporters urged US farm produce exporters should avoid double standards in their trade with China, Chinese trade experts said on Sunday, calling for adequate efforts to…
Posted inEconomy
Refusing virus guarantees may slash Brazilian soybean exports to China: analyst
A call by a Brazilian grain association to not give China the coronavirus-free guarantees it sought may delay or even greatly reduce bilateral soybean trade, which is currently at the…
Posted inEconomy
Foreign airlines plan to resume China flights in July
With business activity in China recovering, 16 foreign airlines including Delta, United Airlines and Singapore Airlines have unveiled plans to resume flights to China's major cities, with fares for popular…
Posted inEconomy
China approves import of Chinese GM soybeans for the first time
China's top agricultural authority on Sunday approved to import genetically modified (GM) soybean products developed by a Beijing-based company, which will be used for manufactured materials. It is reportedly the…
Posted inEconomy
Economic recovery in doubt as cases top 10m
US’ irresponsibility adds difficulties to global fight against COVID-19 Global economic recovery is facing an uphill struggle as the number of COVID-19 confirmed cases surpassed 10 million, 2.5 million of…
Posted inEconomy
United Airlines unveils schedule for resumed flights between US, China
United Airlines Friday announced the schedule for resumed service between San Francisco and Shanghai with twice-weekly flights starting from July 8, according to a release by the airline. United Airlines…