Photo shows a metro station of the Big Circle Line constructed by a Chinese company in Moscow, Russia. (People\’s Daily/Yu Hongjian)China-Russia relations have always maintained a healthy development m
Tag: market
China to boost modernization of SOEs: state-asset regulator
BEIJING, March 21 (Xinhua) — China will strive to transform its state-owned enterprises (SOEs) into modern entities that meet the requirements of Chinese modernization, said an official with the coun
HK financial regulators welcome UBS\’ acquisition of Credit Suisse
HONG KONG, March 20 (Xinhua) — The Hong Kong Monetary Authority (HKMA) and the Hong Kong Securities and Futures Commission (SFC) on Monday welcomed the acquisition of Credit Suisse AG by UBS AG.The S
Interview: China\’s stable recovery to boost Thai economic growth, says Thai economist
BANGKOK, March 19 (Xinhua) — The stable recovery of the Chinese economy is set to give a strong boost to Thailand\’s economic recovery, a Thai economist has said.China\’s economic activity is recoverin
Sales of Chinese-brand passenger vehicles soar 37.3 pct in February
BEIJING, March 19 (Xinhua) — Sales of Chinese-brand passenger vehicles continued to log rapid expansion in February and further increased their market share, industry data shows.Last month, 873,000 d
Oil prices crater as banking fears rattle markets
NEW YORK, March 15 (Xinhua) — Oil prices suffered steep losses on Wednesday, pressured by mounting fears of a banking crisis.The West Texas Intermediate (WTI) for April delivery dropped 3.72 U.S. dol
Putin alleges U.S. behind "terrorist attack" on Nord Stream pipelines
MOSCOW, March 15 (Xinhua) — Russian President Vladimir Putin on Tuesday said the theory that Ukrainian activists were involved in the Nord Stream pipelines blast last year is \”complete nonsense,\” all
China starts 2023 with powerful economic rebound
BEIJING, March 15 (Xinhua) — The Chinese economy has made a flying start to 2023, with major economic indicators seeing steady expansion, offering the latest evidence that the world\’s second largest
Shanghai to hold global exhibition CEO summit in June
SHANGHAI, March 14 (Xinhua) — The Global Exhibition CEO Shanghai Summit will be held in the city from June 19 to 21 after a three-year hiatus due to COVID-19.More than 250 domestic and overseas senio
EU proposes reform of electricity market to stabilize prices
BRUSSELS, March 14 (Xinhua) — The European Commission on Tuesday adopted reforms aimed at boosting energy security and making consumer bills less dependent on volatile fossil fuel prices.The reforms