Economic review

Amazon criticized for selling products white supremacy, racist items

2018-07-07 07:06:28

Two U.S. watchdog groups Friday criticized U.S. e-commerce giant Amazon for selling racist products advocating White Supremacy and anti-Semitism on its online platform. Full Story

U.S. stocks rally on solid jobs data

2018-07-07 05:06:02

U.S. stocks ended higher on Friday as investors cheered better-than-expected jobs data. Full Story

Feature: Chinese firms build online Silk Road linking China, Arab world in e-commerce

2018-07-07 03:20:34

"I buy things on JollyChic many times, because of its cheap price, good quality and fast delivery," said Lima Khalid, a 25-year-old Saudi Arabian female employee at a local company. Full Story

China launches WTO complaint on U.S. Section 301 tariffs: MOC

2018-07-06 22:33:58

China lodged an additional complaint with the World Trade Organization Friday over tariffs formally implemented by the United States based on a trade investigation against China under Section 301, the Ministry of Commerce said in an online statement. Full Story

Smederevo steel plant tells story of success, progress: Serbian president

2018-07-06 04:19:11

The rebirth of Smederevo steel plant, Serbia's biggest steel producer, in two years has told "a story about changes, story about success, and story about progress" in Serbia, President Aleksandar Vucic said. Full Story

Boeing to buy Embraer's commercial jet unit under 4.75 billion USD deal

2018-07-06 03:28:55

U.S. aerospace leader Boeing Company announced Thursday that it has struck a deal to buy the commercial jet business of Brazil's top aircraft manufacturer Embraer under a new 4.75-billion-U.S.-dollar joint venture. Full Story

China capable of maintaining steady economic growth: official

2018-07-05 23:47:50

China is capable of maintaining steady economic growth and high-quality development despite uncertainty in the global economy, a senior Chinese official said. Full Story

Airbus, China join hands in nano-tech application in aeronautic industry

2018-07-05 21:07:03

Airbus and China's nanoscience research institution on Thursday announced the joint establishment of a lab to explore the engineering application of nanoscience in the aeronautic industry. Full Story

Kiev hosts Ukraine-China economic forum on Belt and Road cooperation

2018-07-05 05:13:41

A Ukrainian-Chinese economic forum on the Belt and Road Initiative was held on Wednesday, attracting more than 200 participants. Full Story

Israeli largest Bitcoin firm to report large money transfers to tax authorities

2018-07-05 05:08:39

Israeli Tax Authority has reached an agreement with the country's largest Bitcoin company, in which it will report the authority transfers over 50,000 U.S. dollars, the Hebrew-language economic website "Calcalist" reported Wednesday. Full Story