Home CHINA

CHINA

Boeing delivers first airplane completed in China

Boeing and joint venture partner Commercial Aircraft Corporation of China, Ltd (COMAC) celebrated the delivery of the first airplane from the new 737 Completion and Delivery Center in Zhoushan, China.  Air China received the first plane, marking a new era in Boeing’s partnership with the Chinese aviation industry. Delivery of the first MAX 8, assembled […]

China’s foreign trade to remain steady in 2018: report

China’s foreign trade will maintain steady growth in 2018, as the country’s economy posted stable performance amid mounting external uncertainties, according to a report released by the Ministry of Commerce. China’s foreign trade saw fast growth in the first three quarters. The country’s goods trade rose 11.1 percent year-on-year to 27.88 trillion yuan (about 4 […]

China’s fintech sector grows fast amid tighter regulations: report

Driven by the increased availability of third-party platforms, online financial services in China have seen rapid growth amid tightened regulations, Moody’s Investors Service said in a recent report.  Total outstanding consumer credit in China totaled 36 trillion yuan (US$5.2 trillion) as of the first half of 2018, with mortgage loans accounting for 67 percent, credit […]

Corporate debt in China is an ‘enduring problem’: Nomura

China used deleveraging to address the issue of corporate debt, but it is difficult to do so in an “orderly” way, says Rob Subbaraman of Nomura. SOURCE: CNBC (1)

Japan to join the Belt & Road fray

By Charles F. Moreira, Editor An important consequence of the Trump Administration’s trade war against both China as well as Japan is a diplomatic and economic meeting in Beijing in late October 2018 between Japan’s Prime Minister Shinzo Abe and China’s President Xi Jinping. Shortly after his return to Japan, Abe met with India’s Prime […]

China’s foreign trade up 11.1 percent in first 11 months

China’s goods trade rose 11.1 percent year on year to 27.88 trillion yuan (about 4 trillion U.S. dollars) in the first 11 months this year, said the General Administration of Customs (GAC). Exports rose 8.2 percent year on year to 14.92 trillion yuan in the January-November period while imports grew 14.6 percent to 12.96 trillion […]

China sees steady expansion in industrial raw material production

China’s raw material industry generated an aggregate profit of 190.04 billion yuan (27.68 billion U.S. dollars) in October, up 18.6 percent from the previous month, continuing the momentum of solid expansion, official data showed. Read the full story at http://www.xinhuanet.com/english/2018-12/08/c_137660059.htm SOURCE: Xinhuanet (2)

China’s rise in artificial intelligence

China’s vast amount of data is helping advance its artificial intelligence research. CNBC’s Uptin Saiidi speaks to experts VC Kai-Fu Lee, author Thomas Friedman and VC Benjamin Harburg about China’s upcoming ambitions. SOURCE: CNBC (2)

Souring US ties prompt China to seek sweeter trade with India

China’s refiners are considering the purchase of unprecedented amounts of Indian raw sugar, with a delegation visiting the South Asian nation next month to meet mill officials and inspect logistics infrastructure, according to an Indian official. Refiners may buy the sugar “if prices are good enough,” said Liu Hande, vice chairman of China Sugar Association. […]

*AD SPACE*

Enquiries at EnterpriseTV.my@gmail.com