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China-ASEAN trade up 4.8 pct in H1

Trade between China and the Association of Southeast Asian Nations (ASEAN) grew 4.8 percent year on year to 220.69 billion U.S. dollars in the first half of the year, according…

Shanghai consumer goods imports on the rise

China’s financial hub of Shanghai has witnessed brisk demand for imported consumer goods, with a sustainable growth in value, said customs authorities on Tuesday. In the first half of this…

China cuts retail oil prices

China cuts retail oil prices

Cuts in the retail price of gasoline by 245 yuan per tonne (39.80 U.S. dollars) and that of diesel by 235 yuan from Tuesday, were announced by China’s top economic…

China Development Bank opens office in Venezuela

The China Development Bank (CDB) opened an office here on Saturday, a move that indicates the two countries will further strengthen their economic relations. Addressing the opening ceremony, CDB President…

G20 trade ministers meet in Sydney

The G20 trade ministers gathered in Sydney on Saturday to discuss the contribution of trade and investment to growth and how to strengthen the global trading system. Andrew Robb, Australian…

China, Brazil sign deal to purchase 60 aircraft from Brazilian Embraer company

Two Chinese companies on Thursday signed a deal here with Brazil’s Embraer, a leading aircraft manufacturer, to buy 60 more E190 planes from the Brazilian firm. According to the newly…

1st official Apple store to open in Chongqing

1st official Apple store to open in Chongqing

With the creation of the new slogan tailored to Chongqing by Apple, “Share in Chongqing’s abundance”, the largest official Apple store in southwest of China is counting down the days…

Huawei opens flagship store in Kuala Lumpur Twin Towers oil

Huawei opens flagship store in Kuala Lumpur Twin Towers oil

Chinese Huawei Technologies Co. Ltd opened a flagship store in Kuala Lumpur Twin Towers oil in the city center (KLCC) Wednesday. It is a symbol of improvement of Huawei products…

BMW, China’s Brilliance extend contract term

BMW, China’s Brilliance extend contract term

German car maker BMW Group and its Chinese partner Brilliance Auto have agreed to extend the term of their joint venture contract to 2028. The contract extension will lay a…

China’s SOEs more profitable in 1H

Profits of China’s state-owned enterprises (SOEs) grew faster in the first half of this year from a year earlier. Combined profits of SOEs administered by both central and local authorities…