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Beijing will impose additional levies on approximately $75 billion worth of U.S. goods including soybeans, oil and aircraft in response to Washington's latest planned tariffs on Chinese imports, the Customs Tariff Commission of the State Council said on Friday.
Market concerns about trade uncertainties and a possible economic recession were the major reasons why U.S. equities suffered a steep sell-off on Friday, analysts have said.
US Federal Reserve Chairman Jerome Powell said Friday it is "a new challenge" for the US central bank to fit trade uncertainty into its policy decision-making framework.
The Customs Tariff Commission of Chinese State Council on Friday decided to impose an additional duty of either 10 percent or 5 percent on 5,078 items of U.S. products worth about 75 billion U.S. dollars, in response to the U.S. announcement to impose additional duties on Chinese imports.
Data released by the U.S. Federal Reserve (Fed) on Thursday showed that its M2 money stock increased for the week ending Aug. 12.
Before starting an internet startup in June, Zhang Tao, the former chief of a subbranch of China Merchants Bank Co Ltd in Shenzhen, Guangdong province, had worked in the banking industry for over 10 years.
The Harbin New Area has made impressive progress in the first half of this year, with GDP growing 10.3 percent, compared with the same period last year, local officials said.
It spans 1,284 meters, across the Heilong River and will connect Heihe with the Russian city of Nizhneleninskoye.
Employees of State-owned Beijing Urban Construction Group work on the construction site of a sports facility in Beijing.Faced with the excellent performance of many Chinese SOEs in the global market, some in the US are aghast and so they try to make trouble for them. It should be noted that the WTO never distinguishes between SOEs and private enterprises.
China is encouraging local authorities in regions with appropriate conditions to set up no-go zones for gasoline cars and use more new energy vehicles for public transport, which analysts and industry insiders say will help boost the industry's development.
Industrialization's slow momentum in the 16 member countries of the Southern African Development Community was a key focus at the recent 4th SADC Industrialization Week.
The majority of property developers in China reported continuous but slowing profit growth in the first half of 2019. Industry experts said that this reflects that a stable development trend is emerging in the nation's real estate market.
U.S. manufacturing purchasing managers index (PMI) dropped to 49.9 in August, flashing a sign of contraction for the first time since September 2009, estimates released Thursday by HIS Markit showed.
Shares of membership-based e-commerce platform Yunji Inc. plunged on Thursday after it reported weak quarterly results.
NTT Docomo Inc, Japan's largest telecom carrier by users, is resuming orders from Huawei Technologies Co Ltd, as the Chinese telecom giant is securing key support from the big three telecom operators in Japan despite US restrictions.
Chinese tech giant Huawei would continue enhancing its transparency and regard itself as a public-listed company, an executive said on Wednesday.
22 (Xinhua) -- Yum China Holdings, a leading Chinese restaurant company, announced on Thursday it will acquire a controlling interest in the Beijing-based Huang Ji Huang group to expand its Chinese dining business.
U.S. equities closed little changed as investors took a wait-and-see attitude amid monetary policy uncertainties and economic recession concerns.
Today, Hong Kong residents marvel at the pace and ease with which Shenzhen has transformed into a global innovation center, offering more opportunities and oozing more vitality than Hong Kong.
China firmly opposes the United States' proposed new tariffs on its products and vows to take countermeasures if Washington goes ahead with them, the Ministry of Commerce said on Thursday.
Samsung Electronics Co Ltd will speed up the commercialization of fifth-generation wireless technology in China and deepen its cooperation with Chinese telecom carriers as the South Korean technology giant tries to reclaim lost sales in the world's largest smartphone market.
With trip planners turned away from Hong Kong amid recent chaos, ordinary Hong Kong shopkeepers and those working in the tourism industry said that the protracted unrest has taken a major toll on their livelihood.
The 141-kilometer Guangzhou-Shenzhen-Hong Kong Express Rail Link will become the first high-speed railway in China to have full 5G network coverage along its entire line
Chinese tech giant Huawei, well-known for its innovative and cutting-edge technology, has topped the list of China's top 500 private firms for the fourth consecutive year with a revenue of 721.2 billion yuan (102 billion U.S. dollars) in 2018.
Ministry of Commerce of China (MOFCOM) Thursday called for Washington to stop unilaterally escalating the trade war, warning that Beijing would resolutely take countermeasures to safeguard the country and its people's interests if new tariffs become effective.
China's commerce ministry Thursday said the U.S.' decision to delay some tariffs on China proves there's no winner in a trade war and that U.S. merchants and consumers will suffer a great loss if the lingering trade friction continues to escalate between the world's two largest economies.
The list of unreliable entities will be released in the near future, Gao Feng, the spokesperson of the Ministry of Commerce, says on Thursday.
China's commerce ministry Thursday said the U.S.' decision to delay some tariffs on China proves there's no winner in a trade war and that U.S. merchants and consumers will suffer a great loss if the lingering trade friction continues to escalate between the world's two largest economies.
Chicken farming enterprises in China have reported sterling results in the first half of the year, as growing demand and tight supply have bolstered prices.In the first half, the gross profit of chicken raising enterprises grew about 30 percent," a research report of Everbright Securities said.
The International Monetary Fund (IMF) warned Wednesday that American importers and consumers are footing the bill for the U.S. administration's tariffs imposed on Chinese goods, and that the levies won't resolve the trade imbalance between the two economies.
