Posted inEconomy
China sparks record quarter for Apple, Tesla
Mainland market increasingly a mainstay for noted US brands: analysts Both Apple and Tesla posted record revenues for the fourth quarter of last year, with the credit to a large…
Posted inEconomy
Kiwis make wise moves with China trade deal as Aussies watch
With trade protectionism rising and the COVID-19 pandemic spreading, China and New Zealand have expressed their firm support for multilateralism and free trade. The upgrade of the China-New Zealand FTA…
Posted inEconomy
Why New Zealand and Australia’s relations with China are cases of fire and ice?
China and New Zealand signed a deal to upgrade their existing free trade pact on Tuesday. While relations between China and New Zealand have recently been hot, China-Australia ties have come…
Posted inEconomy
No-fee flight refunds is a big blow for Chinese airlines
The Chinese airline industry may face a big blow as the regulator said on Tuesday that tickets sold for the coming Spring Festival period could be refunded without charge, amid…
Posted inEconomy
The IMF predicts China’s economy will grow by 8.1% in 2021 and 5.6% in 2022
The IMF expects global growth to be 5.5% in 2021 and 4.2% in 2022. The IMF projects China’s economy to grow by 8.1% in 2021 and 5.6% in 2022. IMF…
Posted inEconomy
‘Stay in place’ policy for Chinese New Year holidays benefits e-commerce sites
Amid a policy suggesting people in China should stay in their working city for the Chinese New Year holidays, data from online shopping platforms showed that they are gearing up…
Posted inEconomy
Unmanned rail transit system opens to public in Shanghai
Passengers take subway line 15 in Shanghai, a driverless train, on the first day of its operation on Monday. Running nearly 43 kilometers, the line utilizes innovative technologies such as…
Posted inEconomy
Tesla, Apple to source growth from increasing reliance on China: analysts
Fourth-quarter results from US electric car producer Tesla and US technology giant Apple, due out on Wednesday US time, are likely to show their increasing reliance on China, a pivotal…
Posted inEconomy
Global trade system needs rehabilitated WTO appellate body
Under the dual pressures of a pandemic and trade protectionism, the global trading system has been badly disrupted, with the World Trade Organization (WTO) going through an unprecedented challenge of…
Posted inEconomy
Guangzhou Baiyun International Airport becomes world’s busiest airport in 2020
Guangzhou Baiyun International Airport was the world's busiest airport with 43.768 million passengers in 2020, the airport said on Monday, the first time for a Chinese airport to reach this…