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BUSINESS >> Economy

Vietnam seems to pick up more windfalls from US-China trade war

Vietnam is seizing an unprecedented opportunity arising from a wave of production and export orders as the trade row between China and the US diverts business to the Southeast Asian country, but looming concerns persist, entrepreneurs and experts told the Global Times.
Source: Global Times | 2019/7/7 20:28:39

Wobbly road for yuan internationalization: analysts

The road to the internationalization of the yuan, or renminbi, took some detours in 2018, according to a report released by the Renmin University of China on Saturday.
Source: Global Times | 2019/7/7 20:18:40

Xiongan New Area, HK connected by high-speed train

The Xiongan New Area 100 kilometers south of Beijing, which was established by China's central government as an exemplary model city, will be connected directly to the Hong Kong Special Administrative Region by high-speed train starting from Wednesday, chinanews.com reported.
Source: Global Times | 2019/7/7 20:18:39极速赛车手机官网

Nation plans system of professional titles for graduates specializing in IP majors

China will award professional titles for those graduating in specialized intellectual property (IP) majors, a move an analyst said was intended to advance the proficiency and team building of IP professionals, amid pressure from the US over allegations that Chinese companies have stolen IP from American companies.
Source: Global Times | 2019/7/7 19:13:39

Global brands eye booming domestic men's cosmetics, skin care market

"It's amazing! This cologne makes men smell like sunshine!” a male beauty blogger exclaimed as he livestreamed a male grooming routine.
Source: Global Times | 2019/7/7 16:43:42

How Chinese solar panels could power the future in Argentina

The Sarti family is no different from a typical family of five living in Argentina's capital Buenos Aires, except for one significant difference: they recently became the first household in the city to supply the local electricity grid with energy produced at home.
Source: Xinhua | 2019/7/7 16:43:39

China to create system of professional titles for specialized IP majors

China will award professional titles for those graduating in specialized intellectual property (IP) majors, a move an analyst said was intended to advance the proficiency and team building of IP professionals, amid pressure from the US over allegations that Chinese firms have stolen IP from American companies.
Source: Global Times | 2019/7/7 16:09:38

China to overtake US as world's biggest insurance market

China is expected to surpass the United States to become the world's largest insurance market in the mid-2030s, according to a report from Swiss Re Institute.
Source: Xinhua | 2019/7/7 15:52:46

Analysts say Africa to benefit from easing US-China trade tensions

The latest bid by China and the United States to resolve their trade issue signals better times for global trade, from which Africa is set to benefit immensely, analysts have recently told Xinhua.
Source: Xinhua | 2019/7/7 11:49:15

China and US agree to restart trade consultations

Chinese President Xi Jinping and US President Donald Trump have agreed to restart trade consultations on equal terms, with Washington deciding not to impose new tariffs on Chinese exports to the US, the Xinhua News Agency reported on Saturday.
Source: Global Times | 2019/7/7 11:13:39

极速赛车手机官网China, US agree to restart trade talks; hurdles seen for negotiators

Chinese President Xi Jinping and US President Donald Trump have agreed to restart trade consultations on equal terms, the Xinhua News Agency reported on Saturday. The outcome of the meeting has been welcomed but analysts have warned of a difficult process ahead for negotiators.
Source: Global Times | 2019/7/7 11:03:39

World Bank classifies Sri Lanka as upper middle income country

The World Bank has changed Sri Lanka's classification from a lower-middle income country to an upper-middle income country under its latest country income classifications for the 2020 fiscal year, local media reports said Thursday.
Source: Xinhua | 2019/7/7 10:15:01

China to lead global 5G smartphone shipments: report

China is expected to take the lead in 5G smartphone shipments in 2023, an industrial report showed.
Source: Xinhua | 2019/7/7 8:42:03

China's mobile payments continue fast growth in Q1

China's mobile payments continued rapid growth in the first quarter, central bank data showed.
Source: Xinhua | 2019/7/6 18:05:35

US Fed acknowledges rising economic uncertainties, reiterates appropriate pro-expansion policy

US Federal Reserve said Friday in a report submitted to the US Senate that global and domestic economic uncertainties had increased in recent months, and that the central bank will "act as appropriate" to sustain economic expansion.
Source: Xinhua | 2019/7/6 17:00:53极速赛车手机官网

Bay area enhancement plan released

Authorities in South China's Guangdong Province released two documents on Friday listing specific measures for the development of the Guangdong-Hong Kong-Macao Greater Bay Area, which shows that integration of the region will be further enhanced and pragmatic work has started.
Source: Global Times | 2019/7/5 22:34:00

All additional US tariffs must end if trade deal reached, says China's Commerce Ministry

China said that all additional US tariffs will have to be removed if there is to be a trade deal between China and the US.
Source: Global Times | 2019/7/4 21:28:40

US farmers seek to cash in on easing trade tensions with China

As trade tensions between China and the US are cooling off following a truce, US farm groups are eager to get back into the Chinese market, with some even traveling to China to pursue business deals.
Source: Global Times | 2019/7/4 21:23:40

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