US and China Close to Limited Trade Deal

The United States and China are reportedly close to a final trade deal, as leaders of both countries desire to avoid further face-to-face rivalry and expected slowdown in their economies. The deal is likely to...

Trade Deal Creates a Good Environment for U.S. Soybean Sales

Agricultural experts say that if a new trade agreement is signed soon, U.S. soybean sales to China may rebound rapidly. Wallace Tyner, a professor of agricultural economics at Purdue University, said that China bought soybeans...

Shrinking Annual Sales Pinch Auto Firms

The sales of passenger cars in China shrank by 5.8 percent to 22.35 million in 2018, the first-ever annual fall registered since 1990, yet there is still room for rebound and growth in the...

Carmakers Expected to Be Big 5G Customer

Car manufacturers are very likely to be major customers for next-generation telecoms networks, helping to boom investment in 5G, but they will need to have more innovative ideas and concept, if the technology is to...

Huawei Still Has A Chance to Engage in 5G Network Construction of New Zealand

New Zealand’s Prime Minister Jacinda Ardern said on Tuesday, February 21 that China’s telecommunications giant Huawei has never been excluded from 5G network construction of New Zealand. She said Huawei was not ruled out of...

China – U.S. Trade Prospects Buoyed by “Substantial Progress” in Talks

The Chinese delegation stated that during the latest round of talks in Washington, the two sides focused on the text of the agreement. This is the seventh round of talks since February last year. The...

Mobile Payment Boosting Growth of Tourism Expenditure

Cashless fashion is thriving in China. Chinese tourists are spending more travelling abroad, with around 60 percent of those to Europe favoring mobile payment over traditional payment using cash or cards. The average budget Chinese...

AI to Boost China’s Semiconductor Industry

Commercialization of artificial intelligence in China is gaining increasingly powerful momentum, pushing the country further in this field on the global stage. AI has been widely adopted in such fields as healthcare, manufacturing, transport, speech...

China’s Automaker Foton to Increase Investment in East Africa

China’s automaker Foton International unveiled its operation center in Kenya’s capital Nairobi on Friday January 18, exhibiting a move the company takes to forge presence in East Africa. The automaker is betting on the...

Imported Fruit Spreading Rapidly in Western China

Consumers in inland cities do not have many options when buying fruits in the winter. As of October 2018, China allowed 54 species of fruit to be imported from 42 different countries. However, since the...

MOST POPULAR

EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...