Chinese and US trade officials make attempt at striking a trade deal to defuse an increasingly bruising trade war that has rattled global markets and presented mounting challenges to both economies. Photo: VCG Are China and the US on the way to reaching the first stage of a trade agreement? How far away is the …
A man walks to work on Wall Street, near the New York Stock Exchange, in New York. Photo: IC The US economy expanded “modestly” from October through mid-November while retailers reported higher costs resulting from tariffs, according to a Federal Reserve survey released on Wednesday. “Most Districts reported stable to moderately growing consumer …
A vendor shows decoration strips to a foreign purchaser in Yiwu, East China’s Zhejiang Province on November 13. Photo: Ma Jingjing/GT Although the long-lasting China-US trade war has weighed on Chinese exporters over the past year, it turns out the country’s export-oriented private sector has grown even stronger as tax breaks from the central government …
Photo: VCG A senior Federal Reserve official said Tuesday that he expected US economic growth to “be weak” in the fourth quarter of the year as businesses cut inventories due to trade uncertainty. “One of the reasons the fourth quarter is going to be weak, we believe, is probably a significant inventory adjustment, which …
Chinese made jackets are displayed for sale at a Manhattan department store in New York City in May. Photo: VCG China and the US on Tuesday injected fresh optimism into prospects for a highly anticipated phase one trade agreement, as top trade negotiators of both sides agreed to address remaining issues for the interim deal …
The listing ceremony of Alibaba’s Hong Kong debut. /CGTN Photo Chinese technology behemoth Alibaba made headlines on Tuesday by going “back home” with the world’s largest IPO so far in Hong Kong, in addition to its US listing. Observers saw Alibaba’s move as a trend, under which more Chinese companies will list either in Hong …
Chinese Vice Premier Liu He shakes hands with US Trade Representative Robert Lighthizer before a photo session after a round of trade talks in Shanghai on July 31. Photo: VCG Chinese and US trade negotiators on Tuesday reached a consensus to properly address the core issues of their respective concerns, and agreed to maintain contact …
The first global flagship store of China’s technology giant Huawei is seen under decoration in Shenzhen, South China’s Guangdong Province, where the company is based, on Saturday. The store is scheduled to open on September 28. It is a three-story building with a unique design. Photo: VCG Huawei would have become the global No.1 smartphone …
A young man draws a picture on an electronic tablet at the Electronics Show in Warsaw, Poland, on May 12, 2019. The Electronics Show in Warsaw, one of the biggest consumer electronics and new technology trade show in Poland, was held here with over 350 exhibitors from across the world. (Xinhua/Jaap Arriens) Huawei will launch …
A corner of the stock exchange in Hong Kong Photo: VCG No stocks tumbling. No capital flight. Hong Kong’s capital markets have been as solid as a rock despite external interference, especially the passage of a bill by the US Congress that supports Hong Kong rioters. Such calm underlines Hong Kong stock market’s solid foundation, …