US President Donald Trump will sign an executive memorandum on Monday authorizing the US trade representative to determine whether to investigate China's intellectual property and trade practices, which could pave the way for Trump to use Section 301 of the Trade Act of 1974 to impose tariffs on Chinese goods and eventually trigger a trade war.
Japan's political landscape is not expected to stabilize to suit Prime Minister Shinzo Abe's style of politics despite the Cabinet reshuffle on Aug 3. Support for his administration is not constant, although approval ratings have risen slightly.
The Commerce Ministry deplores bloc's moves on steels, truck tires
As China clamps down on pollution, companies such as aluminum producer Novelis Inc see a business opportunity.
The China Iron and Steel Association or CISA has sought to calm the market that has been in turmoil of late due to runaway commodity prices.
The second half of the year will see China's outbound mergers and acquisitions stabilizing, in the wake of the slump in the first six months, according to a new report issued jointly by the China Mergers & Acquisitions Association and international accounting firm EY, formerly Ernst & Young.
JD.com Inc, China's second-biggest e-commerce player, plans to open 200 more bricks-and-mortar stores - mainly offering consumer electronics products - by the end of this year. In doing so, it will be in direct competition with Suning Commerce Group and Gome Electrical Appliances Holding Ltd, two of the biggest electronic offline retailers in China.
Ping An Bank said it will allocate more resources to support businesses in five key industries as the financial institution makes efforts to improve the quality of its assets and control risks.
Taxify, a new car-hailing service is preparing to take on Uber in London, after being boosted by investment from China's Didi Chuxing.
A new startup accelerator in London is the latest business venture set up to help new British companies export technology to China.
Nearly two months after India sent its troops across the Sikkim section of the border with China into the Donglang area, triggering a standoff between Chinese and Indian soldiers, New Delhi has continued to drag its feet over pulling its trespassing troops back onto Indian soil despite the repeated protests and warnings Beijing has made.
Speaking at a recent meeting of provincial and ministerial-level officials, President Xi Jinping highlighted the significant achievements accomplished by the nation, which have been attained even though it has had to endure numerous hardships and sufferings in modern times.
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Raymond Zhou
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