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Hainan FTZ to ease restrictions on foreign firms

Hainan FTZ to ease restrictions on foreign firms

China unveiled a detailed plan yesterday to establish the southern province of Hainan as a free trade zone, in its latest move to open up the economy....

October 17, 2018, Wednesday


CPI up 2.5%, highest since February

CPI up 2.5%, highest since February

China’s consumer inflation rose at a faster pace in September to extend the streak to four straight months, but experts believe inflation will remain in a benign range....

Huang Yixuan | October 17, 2018, Wednesday


Stocks hit 4-year lows, but don’t panic

Stocks hit 4-year lows, but don’t panic

CHINA’S stock markets hit four-year lows yesterday as external uncertainties weakened investor sentiment. But analysts warned against panic selling, saying government reforms — from tax cuts to a reduction ...

Yuan Luhang | October 17, 2018, Wednesday


Audi agrees to pay US$927m ‘dieselgate’ fine

Audi agrees to pay US$927m ‘dieselgate’ fine

Auto giant Volkswagen cleared a new hurdle in its “dieselgate” scandal yesterday, paying a hefty fine to close a German investigation into subsidiary Audi, but the group is not yet in the clear over its...

October 17, 2018, Wednesday


PBOC cuts RRR again to boost market liquidity

PBOC cuts RRR again to boost market liquidity

China’s central bank has lowered the level of cash that lenders must hold as reserves for the fourth time this year in its latest effort to support stable credit growth and shore up the economy....

October 17, 2018, Wednesday


Forum on the value of trade expos

Forum on the value of trade expos

The China Convention and Exhibition Industry International Trade Forum will open on November 6 as an important part of the inaugural China International Import Expo....

Raven Huang | October 17, 2018, Wednesday


Singapore largest ASEAN team at CIIE

Singapore largest ASEAN team at CIIE

The Singapore Business Federation will lead over 80 Singaporean companies as the largest and most diversified delegation from the 10-member Association of South East Asian Nations at the inaugural China...

Huang Yixuan | October 17, 2018, Wednesday


Colombian coffee chasing China

Colombian coffee chasing China

Wu Jiahang, chief representative of the Colombian Coffee Growers Federation in China, is elaborately preparing coffee beans for the first ever China International Import Expo next month....

October 17, 2018, Wednesday


Shui On’s Lo lauds better business climate

Shui On’s Lo lauds better business climate

Hong Kong entrepreneur Vincent Lo, founder and chairman of Shui On Group, is sometimes called the “son-in-law of Shanghai” by the local media — a reference to his decades-long involvement with the city’s...

Cao Qian | October 17, 2018, Wednesday


Central state firms report strong profit growth for first 3 quarters

Central state firms report strong profit growth for first 3 quarters

China’s central state firms continued to see strong revenue growth in the first three quarters of the year, official data showed yesterday....

October 16, 2018, Tuesday


Struggling Sears finally files for bankruptcy

Struggling Sears finally files for bankruptcy

Sears Holdings Corp filed for Chapter 11 bankruptcy yesterday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated US malls but has withered...

October 16, 2018, Tuesday


Country’s biggest trade fair under way in Guangzhou

Country’s biggest trade fair under way in Guangzhou

China’s largest trade fair opened yesterday in Guangzhou, capital of southern China’s Guangdong Province, attracting more import-oriented companies....

October 16, 2018, Tuesday


Prosecutors take aim at Opel in ‘dieselgate’

Prosecutors take aim at Opel in ‘dieselgate’

French-owned carmaker Opel became the latest household name of the German auto industry in prosecutors’ sights over diesel emissions, as authorities raided two factories belonging to the lightning-bolt...

October 16, 2018, Tuesday


Chinese markets continue sliding

Chinese markets continue sliding

China’s stock markets tumbled yesterday, led by losses in the coal sector and light manufacturing, after their deepest weekly dive last week since February....

Huang Yixuan | October 16, 2018, Tuesday


NetEase feverish over offline opportunity

NetEase feverish over offline opportunity

Internet giant and online gaming operator NetEase is seeking to expand into the offline entertainment sector by launching a subsidiary, Fever, targeting electronic music fans....

Ding Yining | October 16, 2018, Tuesday




 

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