Astana consensus” on “not allowing differences to become disputes”, their “strategic guidanc e” to their armed forces have ensured peace on their borders. This has prompted bilateral tra de to finally cross its decade-long volume of $70-75 billion. For this year, China-India trade is set to cross $100 billion. Likewise, China’s investments in India have witnessed a sharp upsur ge from $688 million in 2016 to $5.6 billion last year. The United States’ decision to raise tariffs on Chinese, as well as Indian, products is expected n Sino-Indian trade and invest ment partnership. Critics may describe this as China’s tactical move triggered by its intensifyingRead More →

uppliers worldwide. In November, it unveiled a list of its 92 core suppliers for the first ti me. Thirty-three of them are from the US, including chip giants Qualcomm Inc and Intel Corp. Wang Yanhui, secretary-general of the Mobile China Alliance, said, “Huawei has also been pre paring for such a situation for some time and has hoarded chips to handle a worst-case scenario.” The company became the world’s third-largest buyer of semiconductors last year. China will definitely safeguard the legitimate rights and interests of its businesses, and Trump’s executive order is n ot a “constructive and friendly” gesture, Foreign Ministry spokesman Lu Kang saidRead More →

inesses and consumers will pay the cost amid hefty levies, which will eventually add significant pressure on the US economy. The US government’s moves risk sparking a full-blown trade war with China, and China is fully prepared for any possibility, Wei said. Economists at Goldman Sachs said in a research note that recent data showed the costs of Washington’s tariffs on China last year had fallen “entirely” on US businesses and households, with no clear reduction in prices charged by Chinese exporters. The bank said that US consumer prices are higher, partly because Chinese exporters have not low ered their prices to better compete inRead More →

 she buys cosmetics, handbags and clothing from top brands through cross-border e-commer ce platforms every month. Sometimes, she drives for one to two hours to neighboring bigger cities, such a s Wuxi in Jiangsu, and Shanghai for shopping. She also plans two or three overseas trips every year. “I don’t have any housing or car loans, and don’t have to worry about daily costs, as I live with my parents. I usually spend all my sa lary on daily consumption and entertainment, which is quite common for people such as myself,” she said. Jason Yu, managing director of Kantar Worldpanel, said small-to wn youths lookRead More →

 and even a refrigerator sticker can be delicately made and worthy of being added to your personal collection,” said Zhou. The success of creative products released by the Palace Museum in Beij ing and Shanghai Disney Resort has set a good standard for local souvenirs, experts said. Since 2015, users of the Palace Museum’s official app have received photos and info rmation of one collection every day, bringing the collections and their fans closer. As many as 480 styles of phone cases are created by the design tea m of the Forbidden City. “We designed headphones with beads, and our foll owers said this designRead More →

of years and has achieved success even in Europe, but it is not finished yet and it should be a win-wi n situation for China and Europe. China is a very big market and an important global player. China is Germany’s biggest trading partner, so I think there will be a good future for the two countries. The Belt and Road Initiative has been a very successful integration proj ect which is bringing China closer to the world. President Xi Jinping’s speech today is outli ning that more and more countries can participate, share prosperity, as well as win-win results. I think that the future willRead More →

oad Economic Belt and the 21st Century Maritime Silk Road and deliver policies, infrastructu re, trade, financial and people-to-people connectivity via a new platform for a brighter future. Tesla Inc lost $700 million in the first quarter but predicted it wou ld return to profit in the third quarter as it cuts costs an d improves delivery after facing issues ramping up shipments outside the United States. Shares of Tesla were about flat after the results, which came more than an hour afte r they were expected and after a sales contraction in the quarter raised investor concerns. The company, which many analysts predict willRead More →

applicants, their workload will be greatly lessened,” he said during the Shanghai World Travel Fair on Thursday. Japan Tourism Agency data showed that 8.38 million tourists from the Chinese mainland traveled to Japan in 2018, repre senting year-on-year growth of 13.9 percent and contributing nearly 27 percent of international tourists. China has been the world’s largest source of tourists since 2014, reac hing nearly 150 million last year, according the Ministry of Culture and Tourism. “The market potential remains huge,” said Dai Bin, director of the China Tourism Academy. “Compared to the United S tates, where 48 percent of its citizens hold a passport, theRead More →

old, has poor sperm motility and its genitals were damaged. Since it could not naturally impr egnate the female, experts had undertaken four insemination procedures since 2015. “It’s a disastrous loss for the protection of the species,” said Liu Nonglin, chief engineer of the Chinese Association of Zoolog ical Gardens. “The experts had researched former insemination surgeries, consulted colleagues and made the best surgery and rescue plan. The team even experimented on three male and two female large-sized Asian turtles usi ng the same surgical procedures. But the tragedy happened even though the surgery was well planned.” More than 1 meter in length and weighingRead More →

ly concentrated in first and second-tier cities. “JD has missed the good opportunity to expand its third-party logisti cs business, and there is little room for growth owing to the fierce competition in the segment.” In October, JD launched parcel delivery services for individuals in 17 cities including Beijing, Shanghai, Guangzhou and Shenzhen, and later extended it to 31 citie s. In order to use the service, customers would ask for a pickup through the firm’s app. Yang Daqing, a researcher at the China Society of Logistics, said such adjustm ent will bring about some negative effects in the short term, but if JD LogisticsRead More →