Posted inEconomy
EU Chamber pushes for investment deal
China, Europe expected to align more closely in economies The top European business group in China on Thursday called on China and EU to complete a bilateral investment treaty (BIT)…
Posted inEconomy
Trump ‘eager’ for TikTok sale
New export catalogue complicates deal for app US President Donald Trump may be now the person most eager to see a deal for TikTok completed by his self-imposed deadline, as…
Posted inEconomy
Exports of traditional Chinese medicinal materials and decoction pieces surge 20% in H1
Data from Chinese customs shows the export value of traditional Chinese medicinal materials and decoction pieces increased nearly 20 percent year-on-year to $618 million in the first half of 2020,…
Posted inEconomy
Beijing FTZ to enhance tech growth, narrow services deficit
Beijing's plan to set up a high-level Pilot Free Trade Zone (FTZ) will enhance the city's technology- and services-driven sectors, as China is aiming to further open up and pursue…
Posted inEconomy
Huawei to launch phone with Kirin 9000 chips in limited numbers
Huawei has a stockpile of about 10 million Kirin 9000 chips that will support shipments for about half a year, one telecom expert said, as the "deadline" for production of…
Posted inEconomy
Tesla accident in Sichuan kills 2, raises concerns over safety
An accident in Nanchong, Southwest China's Sichuan Province on Saturday involving a Tesla car killed two people and injured six, police said. The accident has raised concerns among netizens and…
Posted inEconomy
US rare-earth rise ‘wishful thinking’
China’s reserves, technology provide absolute advantage: experts As the global trade system has been shattered by both the US-led anti-globalization drive and the COVID-19 pandemic, major rare-earth importers including the…
Posted inEconomy
Huawei to launch phone with Kirin 9000 chips, despite supply issue
Huawei plans to launch its smartphone equipped with Kirin 9000 smartphone chips in "limited numbers," a Huawei executive said on Saturday after the tech giant's Taiwan-based chip supplier said it…
Posted inEconomy
China to implement countervailing measures against US originated n-propanol
China has decided to implement temporary countervailing measures against the imports of n-propanol originated in the United States, the country's commerce ministry (link in Chinese) announced on Friday. According to…
Posted inEconomy
China is on course to overhit annual 5G deployment target, figures show
With connections on 5G networks topping 100 million in China, 5G technology is being relied on to remake the nation’s services trade, Chinese officials and industry executives said on Saturday…