Economy

Chinese regulator's move to halt deposit products on major fintech platforms will weigh heavily on small banks, especially private ones, which rely on the third-party platforms to attract deposits. Fintech…

Huawei launched a new variety of the S-series Smart Screen and a vehicle-mounted smart screen carrying the updated Harmony operating system (OS) on Monday, further major steps toward building a…

China's A-shares related to leading chipmaker Semiconductor Manufacturing International Corp (SMIC) surged on Monday, defying the Trump administration' latest move of putting SMIC on its Entity List, which aims to…

Importers face longer clearance times, repeated sterilization measures While tougher sterilization and inspection have greatly reduced the risks of imported coronavirus cases via cold-chain food in China, some importers have…

Luo Tiejun, vice president of China Iron and Steel Association, called for a new pricing mechanism for iron ore, as the S&P Global Platts iron ore index increased significantly: $45.1…

China's middle-income population will rise steadily and may reach 800 million in the next 15 years, said Qian Keming, vice minister of commerce of China (MOFCOM), over the weekend, adding…

Fighting back against the coronavirus pandemic that severely disrupted businesses activities, Chinese products are rocking the world. Both the wholesalers at the world's "supermarket" Yiwu, East China's Zhejiang Province, and…

Huawei has chosen the Business Park in the city of Brumath in France's northeast Grand-Est region as the venue for its first manufacturing plant in Europe, the global telecom leader…

A facial recognition technology that included ethnicity as an algorithm attribute for tagging video images was developed by Alibaba Cloud in a testing environment, and Alibaba will not permit the…