China Leaps in Nuclear Power Industry

On June 29, the world’s first EPR stationed in Taishan, a coastal county-level city in South China’s Guangdong province, was connected to national electric grid. And on June 30, the world’s first AP 1000...

China Makes Deal With Bangladesh to Finance Padma Bridge Rail Link

Bangladesh signed earlier this month a nearly 3-billion-U.S. dollar loan deal with China's Exim Bank to construct the Padma Bridge rail link project. The project, when finished, will diminish the traveling time from Dhaka to Kolkata, the...

China Strives for More Pricing Power Over Oil

China launched last Monday trading of the yuan-priced crude oil futures contracts at the Shanghai International Energy Exchange (INE), taking its first steps towards paying for imported crude oil in yuan instead of the US...

2018-2022 China Cross-border E-commerce Transaction Forecast

China has become the largest e-commerce market in the world, accounting for over 40% of the global transaction. Local news released that Chinese cross-border e-commerce transaction reached $1.01 trillion in 2016, the figure surpassed...

China on the Blockchain: World’s First All-Blockchain Commodity Trade Completed Here

Chinese petrochemical company Sinochem Energy Technology Co. Ltd., the subsidiary of Sinochem Corporation has successfully completed world’s first all-blockchain commodity trade in 2018. The shipment of gasoline export departure from Quanzhou to Singapore marks the...

A Digital China Has Come: Under the Wave of Digital Economy

“Digital China” is one of the top economic priorities of the country since it was enshrined in the country’s 2016–2020 five-year economic plan. By virtue of the leading e-commerce technologies and solutions, China's digital...

China’s Anti-Dumping Deposits on U.S. Cargoes Bolsters Australian Sorghum

Australian sorghum prices are seen rallies one day after China announced to impose anti-dumping deposits on imports of U.S. sorghum equal to 178.6 percent of their value. The deposit was higher than expected and...

EU Accelerates Pace to Compete with China and US in AI Area

25 European countries have signed a declaration of cooperation on Artificial Intelligence (AI) in early April. And a strategy paper of AI will be published by the EU Digital Commissioner on 25 April. EU...

China Allows Foreign Investors to Trade Iron Ore Futures

China's iron ore futures officially opened to foreign traders on May 4th at the Dalian Commodity Exchange (DCE), marking another step in the country’s financial opening-up. The move plays a guiding and groundbreaking role in...

China Launches New Tax Cuts Plan

China's has announced plans on reforming the nation's taxation system, including cutting value-added tax (VAT). As said in a statement made public at an executive meeting of the Chinese State Council chaired by Premier Li...

MOST POPULAR

No Winner of Trade War: Trump’s Tariffs Are Straining the Global...

  The Trump administration said it would move ahead with imposing a 25 percent tariff on $50 billion of Chinese products that are imported into...