A child participates in activities to celebrate Chinese New Year in London in February.[Photo/Xinhua] BEIJING — On a balmy afternoon on the first day of Spring Festival, a line of nearly 40 people, over half of them Chinese tourists, snaked around the plain ice cream stall of “Uncle Chieng” on Orchard Road, Singapore. “Recently, more…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Xinhua] BEIJING – China’s central bank will utilize a variety of monetary policy tools and adjust the intensity and timing of policies as appropriate, based on domestic and international economic and financial conditions, as well as financial market operations,…
Employees check steel rolls at a steel plant in Tangshan, Hebei province. LIU MANCANG/XINHUA China has urged the United States to rectify its mistakes and rejoin the multilateral trading system, calling for cooperation with other countries to address mutual concerns through fair and equal consultation, said the Ministry of Commerce on Thursday. The ministry’s comments…
[Photo/VCG] While the surge of Chinese domestic artificial intelligence companies has led to upbeat sentiment in the A-share market recently, the inflow of more long-term and patient capital and improving fundamentals will be the major drivers of the market’s bullish performance in a more sustained manner, said experts. Although the benchmark Shanghai Composite Index and…
[Photo/VCG] Eight Chinese securities will be added to the MSCI China Index, and 20 Chinese securities will be deleted, according to MSCI Inc, a global leading provider of key tools and services for global investors. The eight Chinese securities are J&T Global Express B, Bestechnic A (HK-C), CCOOP Group A (HK-C), CSI Solar A (HK-C),…
An aerial drone photo shows US carmaker Tesla’s Megafactory in Shanghai, East China, Feb 8, 2025. [Photo/Xinhua] SHANGHAI – Despite geopolitical tensions and rising trade protectionism, international businesses are deepening their commitments in China as 2025 unfolds, demonstrating the country’s appeal to those seeking to stay competitive globally. US automaker Tesla’s Megafactory in Shanghai began…
The planned restructuring of Chongqing Port Co and Beijing-headquartered China Logistics Group Co (China Logistics) is expected to boost the growth of the New International Land-Sea Trade Corridor and further unlock the economic potential of China’s western region, said market watchers on Wednesday. Chongqing Port said on Monday that it had received a notification letter…
An eVTOL flies through the skies over Luogang Central Park, widely known as Luogang Park, in Hefei, East China’s Anhui province. [CHINA DAILY] On the morning of Jan 26, just days before the Spring Festival holiday, flight KE135 touched down at Hefei Xinqiao International Airport in Hefei, East China’s Anhui province. The flight carrying 166…
The Deepseek logo is seen in this illustration taken Jan 27, 2025. [Photo/Agencies] The surge of DeepSeek, a two-year-old Hangzhou-based startup creating open-source large language models at much lower costs than foreign peers, has not only led to rising global investor interest in Chinese artificial intelligence companies, but also their bullish outlook on the Chinese…
US President Donald Trump. [Photo/Agencies] Tariffs imposed by the United States with the intention of rebuilding its domestic industries and raising government revenue, as well as leveraging them as bargaining chips, are likely to be counterproductive for the US economy, said experts and business executives. The future of global trade and investment lies in fostering…