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China hails 'miracle' achievement in trade


Just as China's economic growth over the past seven decades has been described as a miracle, the explosive rise of the country's trade is also nothing less than a miracle。 Starting from almost nothing, China has become the world's largest trading nation in just 70 years。


Economic sluggishness continues in Taiwan

Taiwan's economy continued to show signs of sluggishness in August as indicated by the latest index gauging the business climate on the island.
Source: Xinhua | 2019/9/30 15:41:44

China to investigate domestic households' debt levels

China's central bank is scheduled to launch a nationwide probe into domestic households' debt levels from October, in a bid to accurately predict the leverage ratio of domestic households and better formulate macroeconomic decisions.
Source: Global Times | 2019/9/29 21:58:40

China hails 'miracle' achievement in trade

Just as China's economic growth over the past seven decades has been described as a miracle, the explosive rise of the country's trade is also nothing less than a miracle. Starting from almost nothing, China has become the world's largest trading nation in just 70 years.
Source: Global Times | 2019/9/29 21:53:40

China's home appliance makers eye high-tech chips

China's home appliance maker Galanz will soon head into the field of high-tech chips and edge into computing and wireless power technology, which will be applied to its products in the future, media reported on Saturday. Industry insiders say that, as major players enter the chip field, the industry can improve its supply chain and help strengthen exploration of smart home appliances.
Source: Global Times | 2019/9/29 21:03:40

India may cut tariffs on 80% of Chinese imports under RCEP

India's plan to cut tariffs on 80 percent of Chinese imports under the Regional Comprehensive Economic Partnership (RCEP) will be welcomed by China, which is willing to import more Indian products to strengthen bilateral ties between the two largest developing countries in the world, experts said.
Source: Global Times | 2019/9/29 20:23:40

HKEX reportedly seeking loans to back up proposed LSE acquisition

Hong Kong Exchanges and Clearing Limited (HKEX) is reportedly seeking a $9.8 billion loan to back up its proposed acquisition of the London Stock Exchange (LSE) which had previously been rejected.
Source: Global Times | 2019/9/29 18:23:39

HK property moguls urged to shoulder responsibility in easing tensions

Following two of the Hong Kong's largest real estate developers joining the city's land resumption project, other Hong Kong property tycoons are being urged to shoulder the responsibility to deal with the city's affordable housing shortages. Business representatives believe that the apparent move will partially ease the housing woes.
Source: Global Times | 2019/9/29 15:29:44极速赛车手机官网

China's deficit in services trade narrows as trade volume grows: MOFCOM

China's trade in services increased 3 percent year-on-year, reaching 3.6 trillion yuan ($505 billion) from January to August, official data showed over the weekend. An expert said the services trade deficit is expected to continue falling as China's services sector gains more international competitiveness.
Source: Global Times | 2019/9/29 15:28:40

East China provinces improve safety of chemical factories

East China's Jiangsu and Shandong provinces have recently rolled out a slew of measures to upgrade their chemical factories ahead of the upcoming National Day holiday, in a move that analysts say reflects the provinces' determination to protect local environment and production safety.
Source: Global Times | 2019/9/29 15:28:39

Kenya's Barclays Bank mulls integrating WeChat Pay, Alipay into digital platform

Barclays Bank of Kenya is considering integrating WeChat Pay and Alipay into its virtual banking platform, an official said on Friday.
Source: Xinhua | 2019/9/29 14:12:42

China makes breakthrough in high-speed train collision experiment

A Chinese railway equipment company based in Qingdao, a port city in eastern China's Shandong Province, announced it completed the world's highest speed collision experiment of high-speed trains Friday.
Source: Xinhua | 2019/9/29 9:57:03

CBOT soybean futures edge higher on fresh Chinese purchase of US agricultural products

Chicago Board of Trade (CBOT) agricultural futures settled higher for the trading week which ended on Sept. 27, with soybeans rising on fresh Chinese purchase of US agricultural products.
Source: Xinhua | 2019/9/29 8:56:10

US threatens to delist Chinese companies ahead of trade talks

The US government is ramping up efforts to apply more pressure on China, with the latest moves reportedly including considering delisting Chinese companies from US stock exchanges, limiting US investment in China and launching new investigations into China's tech companies, which experts said are part of US tricks to seek favorable terms in the upcoming trade talks.
Source: Global Times | 2019/9/28 22:28:40

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