Category Archives: Business
Buick’s Envision, the first Chinese-made vehicle imported into the US, has been a steady seller for the General Motors unit since its introduction last year, apparently ducking political headwinds about its country of origin in the Trump era.
Chinese construction machinery companies will continue to grow quickly, with more investment expected in the US, said industry insiders.
China had its first monthly trade deficit in three years in February, as strong demand for Chinese goods both internally and around the world led to higher imports of raw materials. Overall foreign trade was stable in year-on-year terms, while declining from the previous month.
China will further open up its markets to the world through robust engines – including the Belt and Road Initiative and the Regional Comprehensive Economic Partnership – and deepen the outbound investment drive that began a few years ago, Premier Li Keqiang said on Sunday.
CLSA Ltd, the Hong Kong brokerage owned by China’s Citic Securities Co, will close its US equity-research operations because of intense competition and declining profit as asset managers built their own research teams and the costs of hiring analysts rose.
China’s biggest manufacturer of carrier rockets will soon begin to develop the next-generation Long March 8 medium-lift carrier rocket to meet the demands of commercial launch service