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    • Social media X fined $5.23m in Brazil

    Social media X fined $5.23m in Brazil

    SAO PAULO — Social media X, formerly known as Twitter, has paid 28.6 million reais (about $5.23 million) in fines to the Brazilian government to seek the resumption of its…

    Economic Watch: China’s import expo shows its commitment to opening-up

    A view of a matchmaking event for the seventh China International Import Expo on July 24 in Shanghai. CHEN MENGZE/FOR CHINA DAILY SHANGHAI — With the seventh China International Import…

    Cross-border RMB use up over 20 pct in first eight months of 2024: report

    BEIJING, Oct. 5 (Xinhua) — The renminbi (RMB) has been used more frequently in cross-border trade in the first eight months of this year amid the growing presence of the…

    EU’s push for tariffs on Chinese EVs faces backlash from member states, auto industry

    BRUSSELS, Oct. 5 (Xinhua) — European countries and auto industry leaders have criticized the EU’s push for punitive tariffs on Chinese electric vehicles (EVs), warning the move could boomerang and,…

    Chinese bank issues over 200 bln yuan in road project support loans in first 8 months

    BEIJING, Oct. 4 (Xinhua) — China Development Bank (CDB) issued 216.2 billion yuan (about 31 billion U.S. dollars) in loans for road projects across the country in the first eight…

    Hong Kong wins global acclaim as one of top places to do business

    HONG KONG, Oct. 4 (Xinhua) — Hong Kong has been winning global acclaim for its ever-improving business and investment climate underpinned by its status as a global financial hub and…

    EU pushes ahead with controversial tariffs on Chinese EVs, ignoring members’ opposition

    BRUSSELS, Oct. 4 (Xinhua) — The European Commission announced Friday that it passed a vote to impose punitive tariffs on Chinese battery electric vehicles (EVs), sparking criticism from several European…

    China promotes fair, efficient resolution of international commercial disputes

    BEIJING, Oct. 4 (Xinhua) — China will continue to build and refine its mechanism for resolving international commercial disputes, ensuring equal protection of the legitimate rights and interests of parties…

    China urges EU to get back to right track of resolving trade disputes through consultations: commerce ministry

    BEIJING, Oct. 4 (Xinhua) — China has urged the European Commission to take concrete actions to implement its political will and get back to the right track of resolving trade…

    Total of 5,358 listed companies on Chinese stock market by end August: data

    This file photo shows an exterior view of the Shanghai Stock Exchange in Shanghai, east China. (Xinhua) BEIJING, Oct. 4 (Xinhua) — There were 5,358 companies listed on the Chinese…