business
China Assists The Local Business Through the Social System to Trigger Exemptions and Obligations
| Staff Reporter | | Mar 30, 2020 04:01 PM EDT |
The pandemic in China has triggered exemptions and obligations for businesses under the Social Credit System.
Business Consultant McKinsey Estimates China's Economy Could Grow to $5.6 Trillion by 2030
| Kat De Guzman | | Jun 24, 2016 04:15 AM EDT |
The business consultancy called McKinsey Global Institute said in a statement on Thursday that China's economy could grow to $5.6 trillion via gross domestic product and $5.1 trillion of new income for households by the year 2030.
China to See High Demand for Business Jets Over the Next 5 Years: Report
| Charissa Echavez | | Apr 23, 2016 06:44 AM EDT |
China will see a soaring demand of around 2,300 business jets in the next five years, pushing the industry's worth up to $103.5 billion, according to the joint report released by Minsheng Financial Leasing and Hurun Research Institute.
Global Trade in Fake Goods Worth Nearly Half a Trillion Dollars: OECD
| Charissa Echavez | | Apr 20, 2016 01:20 PM EDT |
Imports of counterfeited and pirated goods account for up to 2.5 percent (as much as $461 billion) of global trade, causing significant damage especially to French, Italian and US brands and state funds, the Organisation for Economic Cooperation and Development (OECD) revealed on Monday.
Bad Loans Arise as China Struggles with Slow Economy
| Maria Crisanta Echeverria | | Apr 17, 2016 07:14 AM EDT |
China's corporate debt surged profoundly prior to the lending and spending bout prompted by the Chinese government in an attempt to keep the Chinese economy bustling. Underlining the deceleration, China said on Friday that the growth fell to 6.7 percent in the first three months of the year.
Facebook to Announce New Messenger Chatbot at F8
| S Satapathy | | Apr 10, 2016 11:37 AM EDT |
Facebook will soon add a host of robots to its messenger app. The company is expected to announce this new feature at its F8 event for developers, from April 12-13.
China Currency War: Premier Li Says Country Will Not Get Into It
| Jenia Cane | | Mar 22, 2016 08:15 PM EDT |
China will not engage in a "currency war," as this will not augur well for the world economy which is still in the recovery stage.
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