G20 summit : U.S., China agree on trade war ceasefire
Buenos Aires – China and the United States agreed to a ceasefire in their bitter trade war on Saturday at the G20 summit in Buenos Aores after high-stakes talks between U.S. President Donald Trump and Chinese President Xi Jinping. Trump … Continue reading G20 summit : U.S., China agree on trade war ceasefire
China : Accelerating the free trade zone strategy
Beijing – The Framework Agreement on Comprehensive Economic Cooperation Between China and ASEAN was signed in November 2002. It was China’s first free trade zone treaty that ushered in an FTZ era in the country. The CPC elevated free trade … Continue reading China : Accelerating the free trade zone strategy
China promotes comprehensive strategic partnership
Port Moresby – Chinese President Xi Jinping and eight Pacific island countries’ leaders and officials met in the Papua New Guinea (PNG) capital on Friday and agreed to elevate their relations to a comprehensive strategic partnership featuring mutual respect and … Continue reading China promotes comprehensive strategic partnership
China: Two more foreign financial institutions licenced
Shanghai – China has given the go-ahead for two more foreign financial institutions to set up local subsidiaries, the country’s banking and insurance regulator said in a notice on Sunday, bringing the total number of approvals to 12. Germany’s Allianz … Continue reading China: Two more foreign financial institutions licenced
Papua New Guinea urges greater WTO participation
Sydney – Papua New Guinea Prime Minister Peter O’Neill urged Asia-Pacific nations to increase their participation in the World Trade Organisation (WTO) on Friday, five days after a tense regional summit held in the Pacific nation ended in acrimony. Deep … Continue reading Papua New Guinea urges greater WTO participation
OFO : No threat of bankruptcy
Beijing – It’s possible that Ofo could be acquired or merged in the future; however, bankruptcy is impossible, The Paper reported citing Ofo founder and CEO Dai Wei. Dai did not provide details why Ofo will not go bankrupt. In … Continue reading OFO : No threat of bankruptcy
China: Xi confirms commitment to ‘free trade’
Shanghai — For the third time since U.S. President Donald Trump was elected, Chinese President Xi Jinping took to the global stage on Monday to repeat his rhetoric against protectionism and promote his country as an advocate for international openness … Continue reading China: Xi confirms commitment to ‘free trade’
Iran Auto Market : Higher Production, Sales
Teheran – During the first six months of the current fiscal which started in March Iran automotive industries registered a 10% year-on-year increase in sales. According to the latest statistics released by the Security and Exchange Organization, major domestic carmakers … Continue reading Iran Auto Market : Higher Production, Sales
US-China trade war also endangers Taiwan firms
Taipeh – Taiwanese businesses are weighing up whether to move manufacturing operations from the Chinese mainland if the US trade dispute worsens. Such a move would be hugely expensive, but the island’s companies are likely to be one of the … Continue reading US-China trade war also endangers Taiwan firms
WeChat connects one billion users monthly
Beijing – Whether it’s Facebook and Twitter in the West or WeChat and Weibo in China, social media platforms that were originally created for sharing content have now become important search engines. As these social search engines strive for relevancy, … Continue reading WeChat connects one billion users monthly