Economic review

China approves 2 IPO applications

2018-05-20 15:58:00

China's securities regulator has approved IPO applications from two companies, which will raise no more than 6 billion yuan (around 941 million U.S. dollars) in the A-share market. Full Story

Galeries Lafayette second China store to open this year

2018-05-20 13:49:00

French high-end department store Galeries Lafayette will open its second China store in Shanghai by the end of this year. Full Story

Starbucks plans ambitious expansion in Chinese market

2018-05-20 10:26:00

Starbucks has planned an ambitious expansion in the fast-growing Chinese market by doubling its number of coffee shops to 6,000 across China by fiscal 2022. Full Story

World Bank loans 150 mln dollars to improve China's inland waterway transport

2018-05-20 09:38:00

The World Bank has approved a loan of 150 million U.S. dollars to improve inland waterway transport in central China's Hubei Province, said the World Bank Beijing office Saturday. Full Story

Chinese vice premier says China, U.S. agree not to engage in trade war

2018-05-20 06:57:00

Chinese President Xi Jinping's special envoy and Vice Premier Liu He said here Saturday that China and the United States have reached consensuses on economic and trade issues, pledging not to engage in a trade war. Full Story

China, U.S. issue joint statement on economic, trade consultations

2018-05-20 02:58:00

China and the United States issued a joint statement on Saturday on economic and trade consultations, vowing not to launch a trade war against each other. Full Story

PBOC steps to bolster liquidity

2018-05-19 10:20:00

A bank clerk counts cash in Taiyuan, capital of Shanxi province. [Photo by Zhang Yun/China News Service] Full Story

Trump, Liu see need for healthy ties

2018-05-19 08:58:00

The Foreign Ministry dismissed a rumor on Friday that China had offered to cut its trade surplus with the United States by $200 billion, saying the trade talks with the United States have so far been constructive and are still underway. Full Story

EU to activate statute to shield firms from U.S. sanctions against Iran

2018-05-18 21:32:00

The European Commission on Friday proposed activation of a dormant statute to shield European firms doing business with Iran from renewed U.S. sanctions. Full Story

China's MA700 turboprop regional plane to enter market by 2021

2018-05-18 21:29:00

China's MA700 plane, a high-speed turboprop regional aircraft currently in development, is expected to enter the market by 2021, said its developer on Friday. Full Story