Category Archives: Business
China’s economy got off to a strong start in the first quarter, with GDP expanding at a higher-than-expected 6.9 percent year-on-year. The result, analysts said, has laid a solid foundation for the country to achieve its growth target of at least 6.5 percent this year.
China will further beef up its fight against money laundering, funding for terrorism and tax evasion as the central government calls for intensified supervision efforts to ensure the implementation of reforms.
The International Monetary Fund on Tuesday raised its growth forecast for the Chinese economy and global economy in the coming two years.
Chinese residents are developing a taste for avocados, and officials in Mexico, the world’s largest producer, believe China is a market ripe for growth, as Mexico may be facing possible policy changes by the Trump administration that could affect US avocado trade.
US President Donald Trump on Tuesday signed an executive order that could tighten the HB-1 immigrant visa program that is popular with skilled workers from India and China.
A contract between a Chinese railcar company and Los Angeles County’s transportation agency is expected to bring 64 subway cars, 50 local jobs and $38 million in wages and benefits to the region in the coming years.