Category Archives: Business

‘Resilient’ growth tops Q1 forecasts

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.

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Reforms boosted in financial crime war

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.

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IMF foresees stronger China, global growth in coming years

The International Monetary Fund on Tuesday raised its growth forecast for the Chinese economy and global economy in the coming two years.

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Mexico avocados big in China

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.

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H-1B to change to protect American worker

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.

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CRRC signs $178m deal with LA Metro

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.

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