Posted inEconomy
BRI: route of life and opportunity
China to embrace new opportunities with Germany Not long ago, a China-Europe freight train carrying 35 containers - more than 300 tons of masks and protective suits - set off…
Posted inEconomy
Chinese A-shares soar as bull run sets in
New investors tempted by prospects of economic revival Chinese mainland shares rocketed on Monday, turning in the benchmark Shanghai Composite Index's biggest one-day gain in five years, as a continued…
Posted inEconomy
China’s firework exports to the US fall despite the Fourth of July gala performance
US President Donald Trump kicked off his country's Fourth of July celebrations on Saturday night, featuring one of the largest fireworks displays ever, with industry insiders estimating bulk of the…
Posted inEconomy
HK’s residents and experts expect security law to reboot local economy
Markets more stable, calm following new legislation’s implementation Not one week after the new national security law came into effect in Hong Kong has the local economy become stable, with…
Posted inEconomy
Daimler, Volkswagen invest in Chinese EV battery makers
Investment in Chinese battery-making firms a short-cut for carmakers to dominate in the future EV era Leading Global automakers are ramping up efforts to secure partnerships with Chinese EV battery…
Posted inEconomy
Nation’s GDP predicted to grow 1-3% despite floods and pandemic
China’s GDP predicted to grow 1-3% despite floods and pandemic The floods hitting southern China is casting doubts on whether the Chinese economy would revive as fast as widely expected,…
Posted inEconomy
China-Canada ties set to sour following Ottawa’s political posturing on HK
Ottawa seen interfering in Hong Kong issues Beijing and Ottawa's relationship in the wake of Canada's announcement to suspend its extradition treaty with Hong Kong would inevitably cast a dark…
Posted inEconomy
Maximum fine for massive data leak may reach 1 million yuan: China’s data security draft law
China's National People's Congress has released a draft of the data security law, asking for public suggestions. The draft includes topics on classification management of data, risk assessment of data…
Posted inEconomy
Hubei reports two imported cases from Russia, as Chinese Embassy warns of risk of transfer in Moscow
After days of zero new reported cases in Central China's Hubei Province, three asymptomatic COVID-19 infections were reported Friday, including two passengers on board a flight from Russia. Experts said…
Posted inEconomy
India’s ban on Chinese power equipment imports is self-damaging antagonism
India's move to deter power equipment imports from China is nothing but a fresh instance of the South Asian economy's lapsing into self-damaging antagonism against its major trading partner amid…