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China's economy still under pressure in August, but signs point to strong resilience

China's economy continued to face mounting downward pressure in August, with growth in industrial output, retail sales and investment decelerating further, but positive signs also emerged that show strong resilience in the face of both internal and external risks, official data showed on Monday.
Source: Global Times | 2019/9/16 21:38:40极速赛车手机官网

Overseas capital inflows expected to remain stable after removing QFII restrictions: SAFE

Lifting the equity investment quota restrictions for overseas institutional investors will promote the sound development of China's financial markets. Qualified Foreign Institutional Investors (QFII) are expected to steadily increase their holdings of Chinese assets, and the volatility risks of transnational capital flows will remain low, a Chinese official said.
Source: Global Times | 2019/9/16 19:48:39

Hainan unveils negative list to ban low-end manufacturing

Authorities in South China's Hainan Province unveiled a negative list of industries on Monday, including energy-intensive sectors that produce heavy emissions and low-end manufacturing. The move will accelerate the building of a world-class free trade zone (FTZ) and attract foreign investment, according to experts.
Source: Global Times | 2019/9/16 19:18:39

Grassland cultivation combats poverty and soil degradation in Tibet

Situated on the Tibetan plateau, Southwest China's Tibet Autonomous Region has long been facing pressure from extreme weather conditions and soil degradation due to overgrazing by livestock. Over the past decade, however, the region has witnessed significant improvement when it comes to both the local ecosystem and people's livelihoods thanks to collaborative projects involving local authorities, cooperatives and corporations.
Source: Global Times | 2019/9/16 17:53:39

China August industrial output growth slows to 4.4% year-on-year, slowest in 17 years

Industrial output from Chinese factories further slowed in August, registering growth of 4.4 percent, revealing continue downward pressures amid the China-US trade war which has been raging for more than 16 months.
Source: Global Times | 2019/9/16 14:36:47

China's retail sales up 7.5 pct in August

China's retail sales of consumer goods rose 7.5 percent year on year in August to 3.39 trillion yuan (479.78 billion US dollars), the National Bureau of Statistics said Monday.
Source: Xinhua | 2019/9/16 11:46:45

极速赛车手机官网China's industrial output up 4.4 pct in August

China's value-added industrial output, an important economic indicator, expanded 4.4 percent year on year in August, the National Bureau of Statistics (NBS) said Monday.
Source: Xinhua | 2019/9/16 11:42:05

China, Japan seek closer economic partnership

China and Japan are pushing to enhance economic ties, with Japanese businesses calling for more cooperation with China both in the Chinese mainland market and third-country markets, as Asia's two largest economies are both grappling with rising global trade protectionism and uncertainty.
Source: Global Times | 2019/9/15 22:11:24极速赛车手机官网

China sees expanding China-Europe freight rail services

China-Europe freight rail services have expanded in the first eight months of the year with 5,266 trips made during the period, according to the China State Railway Group Co., Ltd.
Source: Xinhua | 2019/9/15 21:30:01

Busy freight port

The 400,000 ton-class vessel ORE SHANGHAI unloads at Shulang Lake Ore Transfer Terminal in Qushan Harbor District of the Ningbo-Zhoushan Port, East China's Zhejiang Province on Saturday. Shulang freight volume reached 35.93 million tons, up 4.7 percent year-on-year, from January to August.
Source: Global Times | 2019/9/15 20:58:39

HKEX doesn't give up its merger bid with LSE amid doubts

Hong Kong Exchanges and Clearing (HKEX) doesn't give up its proposal to merge with London Stock Exchange (LSE), even after the proposal was roundly rejected by the latter and widely doubted by analysts.
Source: Global Times | 2019/9/14 16:13:20极速赛车手机官网

London Stock Exchange rejects takeover bid from HKEX

London Stock Exchange group (LSEG) announced Friday that the board rejected "the unsolicited, preliminary and highly conditional proposal from Hong Kong Exchanges and Clearing Limited (HKEX) to acquire the entire share capital of LSEG".
Source: Xinhua | 2019/9/14 9:30:33

China decides to exempt US pork, soybeans from additional tariffs

China on Friday announced it would exempt US soybeans and pork from additional punitive tariffs, a move expected to ease the trade conflict between the two economic powers, and create good conditions for the upcoming trade talks.
Source: Global Times | 2019/9/13 20:45:07

US multinational companies long for an early end to trade war

US multinational companies long for an early end to trade war
Source: Global Times | 2019/9/13 16:32:19

China and Russia to reach deals, including aerospace, nuclear energy: MOFCOM

China and Russia are expected to reach a number of deals when Chinese Premier Li Keqiang visits Russia next week, Gao Feng, spokesperson of China's Ministry of Commerce (MOFCOM) said on Thursday.
Source: Global Times | 2019/9/12 18:19:02

Chinese firms ask about agricultural prices from US, including soybeans, pork: MOFCOM

China welcomed the goodwill from the US side, and Chi-nese companies have started to inquire about prices of agricultural products, including soybeans and pork, from the US, Gao Feng, spokesperson of the Ministry of Commerce (MOFCOM), said on Thursday.
Source: Global Times | 2019/9/12 16:50:31极速赛车手机官网

US postponement of extra tariffs good for trade talks, but not a breakthrough: experts

The US decision to postpone extra tariffs is good for the upcoming China-US trade talks, but what US President Donald Trump has done is far from enough and we should not consider it a breakthrough in trade talks, as they remain very tough, experts told the Global Times on Thursday.
Source: Global Times | 2019/9/12 11:40:41

China exempts more US goods from tariff list

China on Wednesday announced a plan for certain US imports and companies to file for exemptions from Chinese tariffs, in a goodwill gesture that will help ease the impact of the trade war on US companies and inject fresh optimism into a new round of trade negotiations planned for October.
Source: Global Times | 2019/9/11 13:36:30

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