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China’s commerce ministry holds hearing on imported beef case

BEIJING – China recently held a hearing regarding a safeguard investigation on imported beef, according to the Ministry of Commerce on Tuesday. The hearing was held at the request of relevant stakeholders and in accordance with working procedures, the ministry said in response to an inquiry. Around 180 representatives attended the hearing on Monday, according…

Regulator to conduct antitrust review of CK Hutchison’s Panama Canal deal

(FILES) A cargo ship and tugboat sail through the Cocoli Locks at the Panama Canal, in Panama, on August 12, 2024. [Photo/Agencies] China’s top market regulator said on Friday it will carry out an antitrust review of CK Hutchison’s possible Panama Canal ports’ deal in accordance with laws to ensure fair market competition and protect…

China, Japan, S. Korea to bolster trade ties

A shopper browses Japanese goods at a sales exhibition of products from China, Japan and South Korea, in Qingdao, Shandong province. WANG HAIBIN/FOR CHINA DAILY Amid tariff increases by the United States and growing economic fragmentation worldwide, China, Japan and South Korea — three manufacturing powerhouses that depend heavily on foreign trade — are likely to…

Key banks eye 520b yuan via placements

China’s major State-owned commercial banks plan to raise up to 520 billion yuan ($71.7 billion) via private placements from investors, including the finance ministry, a forward-looking move which analysts said will help forestall financial risks and better support the real economy. The fundraising aims to replenish core tier-1 capital — the core capital held in…

Consumer expo expected to be biggest ever

A bird’s-eye view of mascots of China International Consumer Products Expo. [Photo/VCG] The upcoming fifth China International Consumer Products Expo, to be held from April 13 to 18 in Haikou, Hainan province, is expected to attract the highest number of participants compared with past editions, which points to the confidence of global consumer enterprises in…

Sachs: China threat narrative ‘dangerous’ for ties

Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University. [Photo provided to China Daily] The prevailing view in Washington that China poses a threat to the United States is a mistake with dangerous consequences, a senior US economist warned. This flawed approach, if left unchecked, risks becoming “a self-fulfilling prophecy of conflict”…

China Science Fiction Convention 2025 kicks off in Beijing

Share – WeChat This photo taken on March 28, 2025 shows the Shougang International Convention and Exhibition Center in Beijing, capital of China. The China Science Fiction Convention 2025 kicked off in Beijing on Friday, with opening ceremony, forums, competition events, industry promotional events and mass activities scheduled. [Photo/Xinhua]  Tanks to chinadaily.com.cn Please visit: Our…

Province still prime investment destination

South China’s Guangdong province remained a prime destination for foreign investment in the first two months of the year, indicating that global enterprises continue to have a positive outlook on the province and the Guangdong-Hong Kong-Macao Greater Bay Area. Despite geopolitics and tariff frictions between the United States and major economies around the world, Guangdong,…

StanChart optimistic about China prospects

Bill Winters, group chief executive of Standard Chartered, speaks during the recent China Development Forum in Beijing. CHINA DAILY Standard Chartered PLC is firmly optimistic about China’s economic prospects and has actively aligned its business strategies with economic trends, such as the high-quality development of the private economy and the rapid application of artificial intelligence technologies,…

China to expand cross-border financing access

China is mulling raising the foreign debt ceiling for high-technology enterprises while expanding the reach of policies that facilitate corporate foreign exchange management, as part of the country’s all-round efforts to enhance financial support for private enterprises, said the State Administration of Foreign Exchange. Executives and experts said the moves will support private, tech-oriented enterprises…