China’s software and information technology service sector sustained stable growth in the first five months of this year, with revenue from software-related businesses up 10.6 percent year-on-year, …
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More experts urge US gov’t to scrap additional tariffs on Chinese imports
More US experts have been urging the Biden administration to scrap Trump-era additional tariffs on Chinese imports, underlining huge benefits for America to end the trade war. “It’s time to start …
Xinhua Headlines: China’s night economy lights up streets of cities, showing consumption potential
Night harbors great consumption potential. Many cities in China have seen a robust recovery of the night economy as the COVID-19 epidemic has waned. * To grab the opportunities brought by the night …
Mainland China Manufacturing Surges Back Into Growth In June, Supplier Performance Improves, Prices Fall
Manufacturing growth rebounded sharply in mainland China during June, according to the Caixin PMI survey, compiled by S&P Global. Read more here.
Why China is the best place to buy in the tech sector right now
The divestitures add to the pressure on Chinese tech stocks after they staged a strong comeback from a multiyear trough thanks to a softening regulatory stance and an easing of Covid-19 restrictions.
China’s software sector sees revenue growth of 10.6 pct in Jan-May
China’s software and information technology service sector sustained stable growth in the first five months of this year, with revenue from software-related businesses up 10.6 percent year on year, …
China’s chemical fiber industry posts growth in revenue
China’s chemical fiber industry recorded an expansion in operating revenue during the first five months of the year, data from the Ministry of Industry and Information Technology showed. The combined …
China’s textile, garment exports expand in first 5 months
China’s exports of textile and apparel maintained growth momentum in the first five months of the year, data from the Ministry of Industry and Information Technology (MIIT) showed. Textile and apparel …
China’s Great Wall Motor shelves $1 billion India plan, fires all employees
Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties of New Delhi’s increased scrutiny of investments from Beijing.
Young entrepreneur runs own pen brand in Guizhou
Yuan Jian, 27, graduated from the Ministry of Education’s Key Laboratory of Advanced Manufacturing Technology at Guizhou University in southwest China’s Guizhou Province this year. Yuan established …
Beijing bourse IPOs on the rise
The Beijing Stock Exchange is speeding up processing of IPO applications, which is expected to significantly increase the number of companies that get listed on the Chinese mainland’s third and newest …
Las Vegas Sands Stock Could Win Big as China Eases Zero-Covid Rules
China’s loosening of its quarantine rules signals an eventual reopening of Macau casinos. One analyst reckons the company’s Marina Bay Sands location in Singapore alone is worth $30 a share, at a time …
Chinese firms in the US report revenue bounces back but investment drops with gloom about China-US ties
China General Chamber of Commerce in the US asked 111 Chinese companies about their revenue and their outlook, with 54 per cent reporting revenue growth Almost half believed the next year would see …
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