Emotional celebrations have matched the pulsating action at the ongoing FIFA World Cup in Russia
China will keep a close watch on the strategy adopted by the United States vis-a-vis inbound investments and continue to oppose the use of national security to limit foreign investments, the Ministry of Commerce said on Thursday.
US aircraft maker Boeing Co often finds itself at the center of any trade spat between the US and China. It's not just that the iconic US firm has a lot at stake in any tariff dispute, but so does the state of Washington, where its aircraft are manufactured.History and economic development have enabled Washington state to create one of the highest levels of engagement with China of any US state. While Boeing is a major player in that relationship, the state's economy has other sectors also that depend on Sino-US trade.
It's the largest nail manufacturer in the United States, and unless it gets a reprieve from the Trump administration's 25 percent tariff on steel imports, company executives say it will go out of business or move to Mexico.
China is expected to come out with new regulations on foreign debt issuance, including curbs and blacklisting of companies with inappropriate borrowing demands, according to officials familiar with the matter, who did not want to be named.
The nation will enhance economic ties with Cambodia in areas including transportation infrastructure, tourism, e-commerce and trade in agricultural products to generate new growth momentum, said the Ministry of Commerce.
More Hong Kong students are expressing positivity about job prospects on the Chinese mainland, after years of experiencing the great opportunities from the rapid development of financial technologies and e-commerce.
Profits at China's industrial firms showed steady growth in May, an indication that the economy was gathering steam on the back of supply side reforms, despite rising trade tensions with the United States, official data showed on Wednesday.
E-commerce giant Alibaba Group Holding Ltd has set up a global think tank to discuss and address emerging socioeconomic issues resulting from technological breakthroughs.
The Ministry of Finance said on Wednesday that it would open bids for its planned 5 billion yuan ($760 million) yuan-denominated treasury bond issue in Hong Kong on July 5.
Chinese automaker BYD Co unveiled on Wednesday a new battery production plant for electric vehicles, and said the unit would be the largest of its kind in the world after it achieves full capacity in 2019.
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Raymond Zhou
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Chen Weihua
