President of Zambia Edgar Lungu speaks during a signing ceremony in August 2017 in Lusaka, capital of Zambia, on a framework agreement for the construction of communication towers (phase two) in the southern African country. The agreement involves 808 towers, 1,009 2G, 3G and 4G wireless stations, the setting up of a matched transmission network […] Read more
Despite growing concern about the slowing growth of the Chinese economy, Starbucks is holding onto optimism about its second-largest market. “We continue to play the long game in China,” CEO Kevin Johnson told analysts on the company’s quarterly conference call. Earlier this month, Goldman Sachs predicted that Starbucks would be the next company to warn […] Read more
By: Xinhua An employee counts bank notes at a branch of Agricultural Bank of China in Huaibei, Anhui province China’s bond market posted rapid growth last year, with more overseas investors engaged, central bank data showed Friday. Spot transactions on the country’s bond market rose 44.6 percent in 2018 to 156.7 trillion yuan ($23.2 trillion), according […] Read more
By Xinhua China on Thursday voiced support for Venezuela’s efforts in safeguarding its sovereignty, independence and stability as well as opposition to foreign interference in the South American country’s internal affairs. China has consistently pursued the principle of non-interference in other countries’ internal affairs, and we oppose foreign interference in the internal affairs of Venezuela. […] Read more
A visitor tastes Thailand fruit at a food expo in Xi’an, Shaanxi province There weren’t many options for consumers in inland cities in the winter when buying fruit. However, besides common fruit like apples and oranges, more tropical fruit has hit China’s western regions since the fruit market has been opening wider to the world. […] Read more
By: Taiga Uranaka Nippon Life Insurance Co is actively seeking mergers and acquisitions overseas, with a focus on the United States and Asia’s emerging economies, the president of Japan’s largest life insurer said on Monday. Nippon Life Insurance’s upcoming president Hiroshi Shimizu speaks at a news conference in Tokyo Japanese insurers have been among the […] Read more
Chinese President Xi Jinping said building transportation infrastructure is vital to China’s economic development. Xi made the remark on Thursday when he visited Tianjin Port during his inspection to Tianjin Municipality. “Economy is the top priority in developing a country, and to achieve economic progress, building transportation infrastructure comes first,” Xi said. Chinese President Xi […] Read more
The President of Equatorial Guinea Teodoro Obiang Nguema met with visiting Chinese President Xi Jinping’s special representative Yang Jiechi on Thursday, both sides pledging to strengthen bilateral cooperation. Yang, also a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the Office of the Foreign Affairs Commission […] Read more
By: Celia Chen Meng is the daughter of Huawei founder Ren Zhengfei – one of China’s leading businessmen, an ex-PLA officer and an elected member of the 12th NCCP Chinese telecom equipment giant Huawei’s Chief Financial Officer Sabrina Meng Wanzhou has been detained by Canadian authorities at the request of the US government, a move […] Read more
By REN XIAOJIN and ZHONG NAN Chinese Vice Premier Liu He. Vice-Premier Liu He will visit the United States on Jan 30 and 31 for further consultations on Sino-US trade and economic issues, the Ministry of Commerce said on Thursday. Economists said the two major powers should opt for cooperation instead of confrontation against a […] Read more
