Posted inEconomy
China leads global auto recovery
July car sales up by 16.4%, boding well for sustained growth in H2 The COVID-19 outbreak that struck early this year posed a major challenge to China's auto industry. However,…
Posted inEconomy
HKEX reports record-high H1 results amid global uncertainties
Hong Kong Stock Exchanges and Clearing Limited (HKEX) reported better-than-expected results in the first half of the year, raking in record-high business revenue and profit, despite global market fluctuations and…
Posted inEconomy
Meng’s lawyers request Canadian court to release secretly-kept information
Lawyers for Meng Wanzhou, chief financial officer of Huawei Technologies, is asking the B.C. Supreme Court to order the release of more secretly-kept information related to her arrest at Vancouver…
Posted inEconomy
China trimming US Treasury debt in June
China reduced its US government debt holdings in June, US Treasury Department data showed Monday, continuing a downward spiral amid fraying relations between the world's top two economies. China's holdings…
Posted inEconomy
Australian wine faces anti-dumping probe
Move by Beijing reflects deteriorating bilateral ties China's anti-dumping probe of Australia's $1.1 billion worth of wine exports indicates deteriorating relations between the two countries, Chinese analysts said. China's Ministry…
Posted inEconomy
Zhuhai adds new check point at Hengqin Port to facilitate passenger flow from Macao
A new passenger checking point at Hengqin Port in Zhuhai, South China's Guangdong Province, is ready to go into operation, processing travelers between Guangdong and Macao under China's grand plan…
Posted inEconomy
HK to lodge complaint at WTO: Lam
US sanctions on city violate rules of global trade organization WTO experts said that US sanctions on Hong Kong are in serious violation of the rules of the international trade…
Posted inEconomy
Fresh US restriction on Huawei sends shares of global chipmakers down
The US government's continued assault on Huawei, this time by restricting the Chinese company and its 38 affiliates from getting chips using US technologies, beat down the share price of…
Posted inEconomy
Tourism sector makes remarkable comeback
As industry recovers from pandemic, travel business surges China's tourism market has made a remarkable recovery since July 14 when inter-provincial travel resumed after months of suspension due to the…
Posted inEconomy
Bullet trains bring high growth
Editor's Note: China Railway issued a blueprint for the country's railway development last week, planning to nearly double its rail lines and high-speed network length by 2035. The Global Times…