Fuyao Glass announced on Sunday that the raid on its US subsidiary, Fuyao Glass America, by the US federal and local law enforcement agencies on Friday, was part of an investigation into a third-party labor service provider, and that Fuyao Glass America was not the target of the probe, according to US authorities. The response […]
Star livestreamer Dong Yuhui has decided to resign from his position as a senior partner at East Buy, also known as Oriental Selection, a subsidiary of Chinese private tutoring giant New Oriental, the company said in a filing to the Hong Kong Stock Exchange on Thursday. New Oriental Education & Technology Group shares slid 8 […]
More than 50 countries and international organizations have confirmed their participation in the 7th edition of the China International Import Expo (CIIE), with companies signing up for 360,000 square meters of space, officials told reporters on Wednesday, as the 100-day countdown to the event approaches. Exhibitors have high expectations for the expo and are fully […]
The recent wave of failures in the US solar industry serves as yet another example of how protectionism impedes the sustainable development of a promising industry. Shares of SunPower Corp, one of the largest solar installers in the US, tumbled 73 percent last week as the company said that it will no longer support new […]
A hearing on an anti-dumping investigation into imported brandy from the EU was held at China's Ministry of Commerce (MOFCOM) on Thursday, attended by stakeholders from 26 parties, including the EU Delegation to China, and embassies of several EU member countries including France, Spain and Italy, as well as business representatives. A Chinese expert said […]
The Democratic Progressive Party (DPP) authorities in China's Taiwan region seem to be making a fresh push to expand military collusion with the US under the guise of "trade and economic partnership," but it is an extremely dangerous attempt. The closer the island's military collusion with the US, the sooner the downfall of the secessionist […]
China and Japan trimmed their holdings of US Treasury bonds in May in a move that reflects the growing worry about US economic risks, experts said. According to data from the US Department of the Treasury on Thursday local time, China reduced its holdings of US Treasury bonds by $2.4 billion in May to $768.3 […]
Customs officers in Luohu Port, Shenzhen city, South China's Guangdong Province, shared details of a recent smuggling case in which a passenger attempted to bring 20.74 grams of marijuana into the country by hiding it in his pants, according to China's General Administration of Customs on Monday. According to Luohu Customs, a passenger appeared very […]
China highly values its relations with Iran and stands ready to work with its new government for the continued advancement of the China-Iran comprehensive strategic partnership, the Chinese Foreign Ministry said on Monday after President-elect Masoud Pezeshkian said Iran "looks forward to more extensive" cooperation with China. The friendly exchanges between our two countries date […]
US President Joe Biden's slip of the tongue during a highly anticipated news conference has further stoked concern in the US over his physical condition and age, with a new poll showing widespread skepticism among US voters over the advanced ages of both Biden and Donald Trump. Experts say the problem partly reflects frustration with […]