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The Dancing Economy

[ 2017-05-26 ]
...cing as a means of exercise and is often accompanied by music played on a loudspeaker. According to China Central Television's finance channel, more than 100 million people in the country have taken up dancing as their choice of exercise. This phenomenon has in turn been a boon...

IN BRIEF (Page 24)

[ 2017-05-26 ]
...dessa region. Under the deal, the Chinese company will carry out dredging work at the Yuzhny port to increase the depth of its approach channel from 16 meters to 19 meters. Additionally, CHEC will create a 16-meter-deep operational area near the three berths of the port. The dre...

Ivory carvers want craft preserved

[ 2017-05-26 ]
...ic, according to Zhou. "Lots of people think that ivory can be traded freely in China, and that they can buy ivory products through any channel," he says. Last year, the WWF and TRAFFIC conducted a survey that revealed that many people didn't understand that only a limited numb...

Belt and Road Initiative injects new impetus into Guangdong

[ 2017-05-26 ]
...ect geographic location both by land and by sea. "Dongguan has been actively taking part in the building of an international logistics channel to become a major traffic hub," Lei Huiming, deputy consultant of the Bureau of Commerce of Dongguan City, told Xinhua in a recent inte...

Initiative can help reduce overcapacity

[ 2017-05-24 ]
...ticipate in 12 sectors, including chemical engineering, power generation and automobile. The central government has also provided multi-channel support for international production capacity cooperation at the diplomatic and economic levels. And deeper international production ca...

Discarded mobile phones in China difficult to recycle

[ 2017-05-24 ]
...s for a replacement, said Xiong Zhou, co-founder of China’s phone recycling platform "huishoubao." An unblocked and reliable recycling channel should be established, and ways to identify reliable traders determined, Xiong added. Furthermore, a specific regulation about subsidy...

China encourages insurance funds to invest in major projects

[ 2017-05-22 ]
...ake debt investment in major projects under the Belt and Road Initiative, procedures will be simplified. The CIRC pledged to do more to channel insurance funds into the real economy. As of the end of March, a total of 4 trillion yuan ($580 billion) of insurance funds had gone in...

Investors embrace Chinese REITs

[ 2017-05-22 ]
...ent portfolio, ownership of the property and dividends from rental yields ... Chinese investors and developers are embracing REITs as a channel for real estate investment," said a research note from DTZ. In the US, a REIT must have more than 75 percent of assets related to prope...

S. Korean president names presidential staff, cabinet members[1]- Chinadaily.com.cn

[ 2017-05-22 ]
...n. Moon Chung-in, an honorary professor at Yonsei University in Seoul, and Hong Seok-hyun, former chief of a local newspaper and cable channel, were named special presidential aides for unification, security and diplomatic affairs. Prof. Moon is a noted South Korean expert on ...

President sends Rouhani best wishes on re-election[1]- Chinadaily.com.cn-election

[ 2017-05-22 ]
...on with China amid Beijing's efforts to increase interconnectivity in the world. Iran is close to the Strait of Hormuz, a key maritime channel, and home of the port of Bandar Abbas, one of the largest in the Gulf region, he said. According to the Chinese embassy to Iran, the t...

President sends Rouhani best wishes on re-election

[ 2017-05-22 ]
...on with China amid Beijing's efforts to increase interconnectivity in the world. Iran is close to the Strait of Hormuz, a key maritime channel, and home of the port of Bandar Abbas, one of the largest in the Gulf region, he said. According to the Chinese embassy to Iran, the t...

China encourages insurance funds to invest in major projects

[ 2017-05-22 ]
...ake debt investment in major projects under the Belt and Road Initiative, procedures will be simplified The CIRC pledged to do more to channel insurance funds into the real economy. As of the end of March, a total of 4 trillion yuan ($580 billion) of insurance funds had gone i...

Investors embrace Chinese REITs

[ 2017-05-22 ]
...id in China, as more investors increasingly eye long-term income instead of quick money from the real estate market, demand for REITs is expected to grow fast. REITS are a channel to securitize property assets and generate stable and steady yields for investors, they said.

On chinadaily.com.cn

[ 2017-05-20 ]
... Group, the payment affiliate of Chinese e-commerce giant Alibaba, is close to closing a $3.5 billion debt financing round, US business channel CNBC reported. There has been "huge appetite" for the fundraising round, and it is "close to closing", a source familiar with the matte...

Belt and Road needs global partners

[ 2017-05-19 ]
... the Belt and Road orbit to include more countries and regions, an annual conference is not sufficient for all participating members to channel disputes and articulate concerns. It needs a permanent secretariat that can function as a platform for dialogue and communication at le...

Chinese firm signs deal to upgrade Ukraine's Black Sea port

[ 2017-05-19 ]
...m Shyrokov. Under the deal, the Chinese company will carry out dredging works at the Yuzhny port to increase the depth of its approach channel from 16 meters to 19 meters. Besides, the CHEC will create a 16-meter-deep operational area near the three berths of the port. The dre...

Cheniere eyes LNG opportunities

[ 2017-05-19 ]
...na. BLOOMBERG VIA GETTY IMAGES Houston-based firm hopes to cash in on major trade deal between China, US Cheniere Energy is looking to channel some more energy into China. That energy comes in the form of liquefied natural gas, of which the Houston-based company is a major expo...

China's high-tech creates footprints in Belt and Road countries

[ 2017-05-19 ]
... The China-made advanced equipment and system have performed well around the world, namely, in the Palestine-Israel border, the English Channel and the Port of Hamburg in German, and at major international events, such as Olympic Games in Beijing and Brazi's Rio, G20 summit in C...

Fox News co-founder Roger Ailes dies at 77

[ 2017-05-19 ]
...ch opportunity to work hard, to rise - and to give back." Under the leadership of Ailes, Fox became the most widely watched cable news channel, home to key conservative political commentators and drawing an audience distinct from rivals CNN and MSNBC. Ailes served as a consult...

Cheniere eyes LNG opportunities

[ 2017-05-19 ]
Houston-based firm hopes to cash in on major trade deal between China, US Cheniere Energy is looking to channel some more energy into China. That energy comes in the form of liquefied natural gas, of which the Houston-based company is a major exporter.
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