BEIJING: China's exports grew at a much faster than expected pace in June as virus outbreaks and port delays were eclipsed by solid global demand thanks to easing lockdown measures and vaccination drives worldwide. Imports growth also beat expectations, though the pace eased from May, with the ...
China has started construction of the first commercial onshore nuclear project using its homegrown "Linglong One" small modular reactor (SMR) design, the China National Nuclear Corporation (CNNC) said on Tuesday, about four years later than planned.
China's customs administration spokesperson Li Kuiwen said on Tuesday that the country's trade may slow in the second half of 2021, mainly reflecting the statistical impact of the high growth rate last year.
MORE Asian companies are pursuing sustainability practices on the back of Covid-19, with green bonds seen as the top green financing instrument, a Citi report showed on Tuesday.
WASHINGTON/SEATTLE: The Federal Aviation Administration (FAA) said late on Monday (Jul 12) that some undelivered Boeing 787 Dreamliners have a new manufacturing quality issue that the manufacturer will fix before the planes will be delivered. The FAA said the issue is "near the nose on certain 787 ...
China's antitrust regulator unconditionally approved on Tuesday Tencent Holdings Ltd's plan to take the country's no.3 search engine Sogou Inc private in a US$3.5 billion deal.
Asian shares climbed in early trade on Tuesday after Wall Street hit record highs overnight, as investors awaited the second-quarter earnings season and a batch of economic data, including key U.S. inflation figures later in the day.
China's yuan-denominated exports in the first half of 2021 increased 28.1per cent from a year earlier, while imports grew 25.9per cent on year, according to a statement from customs at a press conference on Tuesday.
China's cut to bank reserve requirements could help authorities to deal with shifts in U.S. monetary policy and may relieve future downward pressure on the yuan, a former Chinese central bank official said in a commentary on Tuesday.
Oil rose on Tuesday, recovering from the previous day's drop, as expectations of further declines in U.S. crude inventories outweighed fears that spreading COVID-19 variants could derail a global economic recovery.
