China will give nearly 1 trillion yuan ($157 billion) in tax rebates to domestic small firms to shore up economic stability, state media CCTV quoted a cabinet meeting as saying on Monday.
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China’s Imports From Lithuania Collapse Amid Diplomatic Spat
China slashed the amount of goods it purchased from Lithuania by almost 90% in the first two months of the year after the two countries became embroiled in a political and trade dispute late last…
Top headlines: Plane carrying 132 crashes in China; LIC IPO papers updated
A China Eastern Airlines Boeing 737-800 with 132 people on board crashed in mountains in southern China on a domestic flight on Monday and media said there was no sign of survivors. The plane was…
China’s passenger, cargo transport expands in first two months
China’s passenger and cargo transport industry reported robust growth in the first two months, as business activities are recovering amid incentive policies. The China Transportation Services Index …
Bitcoin and Ethereum lag as crypto market follows footsteps
Overall 82 of the leading 100 digital currencies were trading in negative territory during Monday morning’s early changing of hands …
Ferretti, Recbio Tech hit IPO market
The IPO includes a base offering of 83.6m primary shares, equal to one-quarter of Ferretti’s enlarged share capital, as well as a 15% greenshoe of 12.5m primary shares for over-allotment needs. Sole …
China LNG Imports From Russia Doubled in February as Demand Fell
China imported twice as much liquefied natural gas from Russia last month than a year earlier, despite weakened appetite for spot purchases because of high prices.
China Mobile, ZTE intro CampSite solution to extend 5G boundaries
ZTE Corporation together with China Mobile launched an integrated CampSite solution in Hunan Province, China. According to ZTE, this is the first service provisioning and test of the CampSite solution …
China requires Microsoft’s Bing to suspend auto-suggest feature
Bing, the only major foreign search engine available in China, said a “relevant government agency” has required it to suspend its auto-suggest function in China for seven days. The suspension marks …
China becomes main export destination for Pakistani pine nut
According to the Agriculture Marketing Information Service (AMIS), in FY 2018-2019 (July 2018-June 2019, a good year) and FY 2019-2020 (a small year), …
As global brands shun Russia, Asian firms sit out controversy
Different government policies and public perceptions fuel reluctance to follow Western-led corporate exodus, experts say …
China’s GDP growth will probably be around 5.9% this year, says Credit Suisse
David Wang of the investment bank explains why it thinks China could exceed its 2022 GDP growth target of 5.5%.
Resolute China sharpens focus on innovation
WANG PENG/XINHUA China will work to raise the proportion of weighted pretax deduction of the research and development expenses of small and medium-sized sci-tech enterprises from 75 percent to 100 …
