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China's CPI up 2.3 pct, PPI up 4.1 pct in August
Business2018-09-10 14:30November 21 2018 21:53:48

China's CPI up 2.3 pct, PPI up 4.1 pct in August

According to data released by the National Bureau of Statistics on Monday, China's consumer price index (CPI), a main gauge of inflation, rose 2.3 percent year on year in August, compared with 2.1 percent for July.

Baidu, BYD to partner on mass production of self-driving cars
Business2018-09-06 09:26November 21 2018 21:53:48

Baidu, BYD to partner on mass production of self-driving cars

On Wednesday Chinese technology company Baidu Inc. and automaker BYD announced their plan that aims to start mass producing self-driving cars in three years' time, reports Tencent News.

Amazon is 2nd US company to reach $1 trillion market value
Business2018-09-05 09:48November 21 2018 21:53:48

Amazon is 2nd US company to reach $1 trillion market value

Amazon on Tuesday became the second publicly traded company to reach $1 trillion in market value, hot on the heels of iPhone maker Apple.

JD boss back at work after arrest in US
Business2018-09-04 09:50November 21 2018 21:53:48

JD boss back at work after arrest in US

Chinese e-commerce giant JD said on Monday its founder and CEO, Liu Qiangdong, has returned to China and resumed work after his arrest in Minneapolis in the United States on suspicion of criminal sexual conduct. He was later released without charges or bail.

Intel confirms three security flaws in its chips
Business2018-08-15 10:12November 21 2018 21:53:48

Intel confirms three security flaws in its chips

Top U.S. chipmaker Intel Corp. on Tuesday confirmed that three more severe security flaws were found in some of its microprocessors that could pose potential risks of illegal data access from computer memory.

U.S. Fed leaves interest rates unchanged amid trade concerns
Business2018-08-02 09:49November 21 2018 21:53:48

U.S. Fed leaves interest rates unchanged amid trade concerns

The U.S. Federal Reserve on Wednesday left key interest rates unchanged amid concerns about trade tensions between the United States and its trading partners.

T-mobile, Nokia sign $3.5-billion deal on 5G network equipment
Business2018-07-31 15:24November 21 2018 21:53:48

T-mobile, Nokia sign $3.5-billion deal on 5G network equipment

U.S. major wireless carrier T-Mobile Inc. on Monday announced a landmark 3.5-billion-U.S.-dollar agreement with Finland's Nokia to accelerate the deployment of the first nationwide 5G network in the United States.

Analysis does not support a US win in trade war with China: Rand scholar
Business2018-07-30 08:48November 21 2018 21:53:48

Analysis does not support a US win in trade war with China: Rand scholar

A senior economist with the Rand Corporation says a first-stage impact assessment of the U.S.-China trade war does not support U.S. claims of a win and Chinese businesses are likely to lose less overall than American businesses.

Registration open for overseas buyers attending China's first import expo
Business2018-07-29 08:41November 21 2018 21:53:48

Registration open for overseas buyers attending China's first import expo

Buyers from outside the Chinese mainland can now sign up for China's first import expo, China International Import Expo (CIIE) Bureau said.

Americans question whether EU can really replace China's soybean market
Business2018-07-28 09:07November 21 2018 21:53:48

Americans question whether EU can really replace China's soybean market

On Wednesday, European Commission President Jean-Claude Junker and U.S. President Donald Trump jointly announced that the European Union had agreed to increase its imports of American soybeans.

Chinese e-commerce platform Pinduoduo debuts on Nasdaq
Business2018-07-27 11:15November 21 2018 21:53:48

Chinese e-commerce platform Pinduoduo debuts on Nasdaq

Chinese online group discounter Pinduoduo Inc. started trading on Nasdaq Stock Market on Thursday.

Second half of Thai-Chinese high-speed rail project to start early next year
Business2018-07-25 10:46November 21 2018 21:53:48

Second half of Thai-Chinese high-speed rail project to start early next year

The construction of major parts of the Thai-Chinese high-speed rail project linking Bangkok with Nakhon Ratchasima in northeastern Thailand is scheduled to get started early next year, said a senior Thai official on Monday.

China sees fast growth in industrial robots production
Business2018-07-23 21:30November 21 2018 21:53:48

China sees fast growth in industrial robots production

The industry scale of China's domestically made robots has seen 20 percent annual growth in five years, People's Daily reported Monday.

China's cross-border e-commerce thrives in the Middle East
Business2018-07-22 09:03November 21 2018 21:53:48

China's cross-border e-commerce thrives in the Middle East

China's e-commerce players are actively working with local business in the Middle East to build a "digital Silk Road."

China has 120 companies on Fortune China's Top 500 list
Business2018-07-21 09:43November 21 2018 21:53:48

China has 120 companies on Fortune China's Top 500 list

A total of 120 Chinese companies have made it to the latest Fortune China list of "Top 500 Enterprises", with Sinopec, Petro China, and China State Construction Engineering Corp leading the country's rankings.

Apple announces 300 million U.S. dollar clean energy fund in China
Business2018-07-14 09:04November 21 2018 21:53:48

Apple announces 300 million U.S. dollar clean energy fund in China

On Thursday, Apple announced that it would launch a 300 million U.S. dollar renewable energy fund in China as part of its drive to clean up its supply chain.

Starbucks to eliminate plastic straws by 2020
Business2018-07-10 19:17November 21 2018 21:53:48

Starbucks to eliminate plastic straws by 2020

U.S. coffee chain Starbucks announced on Monday that it will eliminate all plastic straws for cold drinks in its 28,000 global stores within two years and replace them with recyclable straw-free coffee-cup lids, and paper-made straws or biodegradable plastic straws so as to reduce waste.

Mobike drops requirement to make a deposit to hire its bikes
Business2018-07-07 09:39November 21 2018 21:53:48

Mobike drops requirement to make a deposit to hire its bikes

Mobike, one of China's leading share bike companies, announced on Thursday that users will no longer need to pay a deposit to use its services.

China holds top four rankings in list of world's largest banks
Business2018-07-03 20:34November 21 2018 21:53:48

China holds top four rankings in list of world's largest banks

The top four places in the list of the world's 1,000 largest banks have been taken by banks from China.

Tycoon makes buzz in commencement speech
Business2018-07-01 10:10November 21 2018 21:53:48

Tycoon makes buzz in commencement speech

When it comes to speeches during graduation season, few are quite as buzzworthy as the one by Hong Kong tycoon Li Ka-shing at Shantou University on Friday.

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