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...

China’s Payment Apps, the Nightmares of U.S. Bankers

Many Americans traveling to China will find something unusual: in restaurants, shops and markets, when they are ready to pay, people will take out mobile phones instead of credit cards. Nowadays, the Chinese people...

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...

AI Should Be a Public Good for The Whole World

AI has become a fieldthat is increasingly being seen as a global race. Countries are making effortsto develop AI and get an edge, enterprises are also racing to pool AI talent,data advantages.

General Motors Envisions an Intelligent Future for Auto Industry

Chinese government has a strong commitment to catapult the country to the rank of forerunners of pioneering practices in auto electrification and connectivity of vehicle-to-infrastructure, according to a top executive of General Motors Co. The...

Foxconn Eyes Semiconductor Sector

The Taiwan-based Foxconn Tech Group is ramping up its investment for engagement in semiconductor and chip-making sector, in an effort to reduce dependence on smartphone manufacturing and expand its portfolio as the development of...

China Has Become the Second Largest Trading Partner of Latin America

Since the beginning of the 21st century, China-Latin America economic and trade relations have continued to develop steadily. Latin America has become one of the most dynamic regions in China's trade cooperation. China's Ministry...

Business Opportunities from Consumption Upgrade in China

Over the past few years, there has been a growing tendency of Chinese people buying overseas consumer goods directly through cross-border online shopping rather than from the domestic physical stores or shopping sites, since...

The Belt and Road Initiative Provides Opportunities for Chinese Tea Exports

According to China customs data, in the first three quarters of 2018, China exported 263,000 tons of tea, a year-on-year increase of 0.29%. The value was US$1.28 billion, an increase of 10.41%. It is...

Except for Energy Issue, What’s behind China’s Crackdown on Bitcoin?

The Price Tumble Bitcoin’s ripple price plunge from December, 2017 records comes amid a series of negative reports for the cryptocurrency world. Global bank groups and financial institutions successively declared to ban on credit-card...

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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...