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Anta Sports buys Amer Sports for 4.6 bln...
A consortium led by China's Anta Sports Products Ltd., the country's largest sportswear company, has bought Finnish firm Amer Sports for 4.6 billion euros (5.15 billion U.S. dollars). , estimated to
China to further promote consumption upg...
China will stimulate people's consumption capacity to promote consumption upgrading this year, said a senior official with the country's top economic planner Wednesday. Efforts will be made to furth
Japan’s Nissan abandons plans to build X...
Japanese carmaker Nissan confirmed it had abandoned plans to build the new model X-Trail in Sunderland, Britain, which was described as “troubling news” by local officials. According to a letter writ
China to cut import firms' tax burden by...
China's customs will significantly cut VAT rates for its import enterprises in 2019, the latest move to reduce the financial burden of enterprises. The total VAT reduction in imports will reach arou
China to continue proactive fiscal polic...
Larger-scale tax and fee cuts to the tune of nearly two trillion yuan are planned this year to ensure all industries will pay less, while urban employers can contribute a maximum of 16 percent of ear
Maersk sees opportunities amid slower gr...
Although there will be soft growth inglobal economy as well as trade, Maersk Group, the world's largest container shipping company, sees opportunities in different fields, including China's Belt and
What are the most sought-after imported ...
Among the vast array of imported consumer goods, Chinese people seek out cosmetics, aquatic products and jewelry the most, new customs statistics show. The import value of the three categories increa
China dairy firm Yili revenues up 16 pct...
BEIJING, Feb. 28 (Xinhua) -- China's dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. has registered revenues of 79.6 billion yuan (11.9 billion U.S. dollars) in 2018, up by 16.9 pct year o
Saudi Aramco eyes more diversified devel...
Saudi Aramco, the world's biggest oil company, plans to expand more to downstream its projects including refineries and retailing, while regarding China as an important market for its global business
China preparing relevant rules for forei...
China's Ministry of Commerce (MOFCOM) said Thursday it is working with other authorities in preparing relevant rules to ensure the successful implementation of the foreign investment law. It is also
Chinese retail investors rush into munic...
When the major port and industrial hub of Ningbo sold China's first municipal bonds to retail investors, an amount of 43 million U.S. dollars was snapped up in just five hours. One buyer was Mrs Yan,
Shanghai's crude oil futures celebrate 1...
The Shanghai Futures Exchange on Tuesday publicly released its crude oil futures price index. The release comes exactly one year after China's crude oil futures opened on the same exchange. As of the
Ensure companies get the substantial ben...
China will continue to push forward reform and opening up to energize the main market players, strengthen the driving force for economic development, tackle the challenges in economic development and
Tesla shares fall after surprise CFO exi...
Shares of Tesla Motors tumbled in pre-market trading on Thursday following the surprise replacement of the company's chief financial officer. Chief Executive Elon Musk announced the shift in the fina
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