Huawei opens new factory in France, targeting European market

Huawei on Thursday announced the opening of a wireless product manufacturing plant in France which will produce mainly for the European market.

Analysts upbeat on A shares

China's stock market experienced its worst day on Friday since reopened on February 3 after the Chinese Lunar New Year holiday, amid global sell-offs triggered by the rapidly spreading COVID-19 epidemic and global recession fears.
Source: Global Times | 2020/2/29 0:13:41

More Chinese cities ready to reopen flights

More cities in China are gradually reopening flights after the epidemic-triggered suspension and airlines have taken preventative measures to minimize the risks of infection during trips.
Source: Xinhua | 2020/2/28 20:28:06

Italy's coronavirus outbreak may see more impact on traders in China

Italy has experienced a surge in coronavirus cases with 650 confirmed infections as of Thursday, which might add more difficulties to Chinese trading firms due to suspended logistics, industrial insiders said.
Source: Global Times | 2020/2/28 18:48:40

Huawei opens new factory in France, targeting European market

Huawei on Thursday announced the opening of a wireless product manufacturing plant in France which will produce mainly for the European market.
Source: Global Times | 2020/2/28 17:36:43

Facebook sues analytics firm for stealing user data

US social media giant Facebook Inc. Thursday filed a lawsuit against a mobile analytics company for illegally collecting private information of users from social media platforms.
Source: Xinhua | 2020/2/28 21:20:36

IKEA, UNIQLO, Galeries Lafayette reopen in China on large scale

Foreign retailers in China, including IKEA and UNIQLO, are reopening on a massive scale as the coronavirus epidemic has in recent days shown signs of abating despite soaring cases in other countries.
Source: Global Times | 2020/2/28 15:31:19

NBS cautions COVID-19 as China on track to building all-round well-off society

China has further narrowed its gap with the world's high-income countries in 2019, with its per capita GDP exceeding the $10,000 mark, although weak links still exist and the COVID-19 outbreak adds pressure in the country's efforts to build all-round well-off society by 2020, the National Bureau of Statistics (NBS) announced on Friday.
Source: Global Times | 2020/2/28 12:39:31

China-US phase one deal on track amid COVID-19 concerns: expert

China and the US have begun the phase one trade agreement as scheduled amid concerns over the deal's implementation and impact of the coronavirus epidemic, along with escalating tensions between the two countries in political and other areas, said a Chinese trade expert on Thursday.
Source: | 2020/2/28 6:52:37

China's Feb CPI may reach 6% stressed by COVID-19: analyst

China's consumer price index (CPI) is likely to elevate in February, and may hover above 6 percent, mainly pushed by the COVID-19 outbreak, Chinese analysts say, while stressing that a surge in the CPI does not necessarily mean inflation.
Source: Global Times | 2020/2/27 18:37:05

10% of US firms see daily losses of $71,210 in China business: Survey

Fallout from the deadly COVID-19 is weighing on operations of some US companies in China, with about 10 percent seeing daily losses of 500,000 yuan ($71,210), according to a report released by a US business group on Thursday.
Source: Global Times | 2020/2/27 13:28:26

China's February crude oil imports to sink due to virus

China's imports of crude oil will decline by as much as 8 million tons in February due to tumbling domestic demand amid the outbreak of the coronavirus, a researcher at one of China's largest oil companies told the Global Times on Thursday.
Source: Global Times | 2020/2/27 21:39:54

India's medical supplies for Wuhan to be appreciated

An Indian military aircraft carrying 15 tons of medical supplies has landed in Wuhan, the epicenter of the new coronavirus, to the delight of many of the Chinese public.
Source: Global Times | 2020/2/27 20:48:41

Global crawfish industry hit in Hubei, epicenter of outbreak

Hubei Province, the largest supplier of crawfish in the world, has suspended the business amid the coronavirus outbreak, bringing great uncertainty to the aquatic industry both at home and abroad.
Source: Global Times | 2020/2/27 20:23:05