Posted inEconomy
Ecuador seeks to bolster trade ties with China
Ecuadorian President Lenin Moreno on Thursday said he aimed to bolster trade exchange with China, one of the country's main trade partners. "China is a great buyer ... it buys…
Posted inEconomy
Amazon sales soar 21 percent to 87.4 bln USD in 2019 fourth quarter
US top e-retailer Amazon.com, Inc. said Thursday that its net sales smashed market expectations for the fourth quarter of 2019 by jumping 21 percent to 87.4 billion US dollars. Amazon's…
China’s manufacturing PMI slightly down in January
The purchasing managers' index (PMI) for China's manufacturing sector stood at 50 in January, slightly down from 50.2 in December, the National Bureau of Statistics (NBS) said Friday. A reading…
Posted inEconomy
Trump signs new trade deal with Canada, Mexico into law
US President Donald Trump on Wednesday signed the revised United States-Mexico-Canada Agreement (USMCA) into law in an outdoor ceremony on the White House South Lawn. Hundreds of guests were invited…
Posted inEconomy
China’s transport industry posts robust growth in 2019
China's transport sector registered robust development in 2019, reporting expanded size and improved structure, data from the country's transport regulator showed. The country's fixed-asset investment in the sector is estimated…
Posted inEconomy
Chinese textile companies seeking US market expansion
Chinese textile companies have been actively exploring and expanding into the US market through more innovation, upgraded services and bigger global footprints, according to industry insiders. "We've been investing 7…
Posted inEconomy
Chinese state councilor meets Thai FM
Chinese State Councilor and Foreign Minister Wang Yi met with Thai Foreign Minister Don Pramudwinai here on Thursday. China is willing to work with Thailand to implement the consensus reached…
China-aided stadium in Cambodia symbolizes friendship
Robed in a high-vis vest and crowned with a white hard-hat, Chea Samnang, a 25-year-old construction worker, is proud of working with a Chinese developer to build a China-aided main…
Posted inEconomy
Apps bank on big red packet promos
Spring Festival has become a promotional battlefield for Chinese internet companies as they prepare to shell out more than 10 billion yuan ($1.45 billion) on digital red packets this year,…
Posted inEconomy
China’s FTZ favored by foreign investors
East China's Jiangsu Province has shown increasing appeal to foreign investors in less than half a year after it was established as a pilot free trade zone (FTZ). Since its…