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Turkey sees more Chinese investment

TURKEY’S investment and promotion agency said the number of Chinese companies operating in Turkey is set to more than double in the next three years boosted by China’s Belt and Road Initiative. Arda ...

Feng Jianmin | October 23, 2017, Monday


China’s tariffs on caprolactam carry on

China’s tariffs on caprolactam carry on

CHINA’S Ministry of Commerce said Saturday that it will extend anti-dumping duties on imports of caprolactam, a synthetic polymer widely used in textiles, from the European Union and the US for another ...

October 23, 2017, Monday


German car firms may have broken anti-trust rules

German car firms may have broken anti-trust rules

European Union anti-trust regulators have raided the offices of BMW in Munich, the company said, in a fresh blow to the German car industry already hit by the Dieselgate scandal. The European Commission, ...

October 23, 2017, Monday


Tesla to make cars in Shanghai

Tesla to make cars in Shanghai

Tesla Model 3 cars are seen at the company’s Fremont facility in California in this file photo. Tesla has reached a deal on a wholly-owned manufacturing facility in Shanghai, the Wall Street Journal said yesterday citing people briefed on the plan, which could help it move in China’s fast-growing EV market. Neither Tesla nor the Shanghai government commented on the report. ...

October 23, 2017, Monday


Doubts over how Airbus’ CSeries deal may pan out

Doubts over how Airbus’ CSeries deal may pan out

Airbus’s coup in buying a US$6 billion Canadian jetliner project for a dollar stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised questions over...

October 23, 2017, Monday

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The shouting is over at HK exchange

The shouting is over at HK exchange

HONG Kong’s last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. The bourse’s operator, Hong Kong Exchanges & Clearing, says it will ...

October 23, 2017, Monday


Lithium processors prepare to meet demand

Lithium processors prepare to meet demand

Producers of processed lithium — an essential element for batteries used in electric cars ­­— are agreeing long-term contracts with their customers to fund the investments needed to address a looming...

October 23, 2017, Monday


Auto-parts suppliers retool for green cars

Auto-parts suppliers retool for green cars

China’s push to become the world leader in clean-energy vehicles is spawning new industries to supply growing production of electric cars and plug-in hybrids....

Hu Yumo | October 23, 2017, Monday


Nudging green agenda forward, step by step

Nudging green agenda forward, step by step

China’s determination to lead the world in clean-energy vehicles is not just talk....

Hu Yumo | October 23, 2017, Monday


Charging up an industry at the heart of clean motoring

Charging up an industry at the heart of clean motoring

It’s no secret. China wants to lead the world in the manufacture and use of clean-energy cars....

Hu Yumo | October 23, 2017, Monday


China’s oil refineries processing volumes up

China’s oil refineries processing volumes up

China’s oil refineries increased their run rates by 12.7 percent to a record for September, data showed yesterday, after a major new state-run refinery launched operations and independent plants came back...

October 20, 2017, Friday


Expanding use of AI gets US$4b boost

Expanding use of AI gets US$4b boost

China’s leading lifestyle services and online-to-offline services provider Meituan-Dianping said it has netted US$4 billion in its latest fund-raising exercise, valuing the company at US$30 billion....

Ding Yining | October 20, 2017, Friday


US jobless claims at 44-year low

US jobless claims at 44-year low

Claims for US jobless benefits fell to a 44-year low early this month as labor markets recovered from the damage of hurricanes Harvey and Irma, government data showed yesterday. The new figures pointed ...

October 20, 2017, Friday


Profit rises for 80% of 75 listed firms

Profit rises for 80% of 75 listed firms

NEARLY 80 percent of the 75 listed companies which have released their financial reports saw their net profit grow in the first three quarters of the year, according to industry data. Their reports showed ...

Huang Yixuan | October 20, 2017, Friday


Chinese banks enjoy net US$300m in forex buying

Chinese banks enjoy net US$300m in forex buying

Chinese banks saw a net foreign exchange purchase of US$300 million in September, the first settlement surplus in more than two years as cross-border capital flows stabilized, official data showed yes...

October 20, 2017, Friday


 

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