Aditi Rasquinha, CEO of DHL Global Forwarding Greater China. (PROVIDED TO CHINA DAILY) Major German logistics service provider DHL Group is reinforcing its strategic focus on the Guangdong-Hong Kong-Macao Greater Bay Area, pledging to strengthen its presence in the region by leveraging its sound infrastructure network and robust “new three items” and e-commerce development. “The…
US Secretary of State Marco Rubio on Friday said there is a “high probability” of a meeting between President Donald Trump and Chinese President Xi Jinping, though no date has been set yet. Rubio made the remarks while speaking to reporters on the sidelines of the East Asia Summit and ASEAN Regional Forum in Malaysia….
China warned the Trump administration on Tuesday (July 8) against reigniting trade tensions by reinstating tariffs on Chinese goods starting next month. The warning came in response to President Donald Trump’s move to notify trade partners of sharply higher tariffs set to begin August 1, unless new agreements are reached. In a strongly worded commentary…
Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in Hong Kong for HK$650 million (US$84 million), with plans to turn the property into an incubation hub for start-ups. “It is a personal investment and entrepreneurial initiative, and I plan to engage in more collaborations…
A billboard on a building in Shanghai shows major stock indexes on Monday. [CHINA DAILY] With rising strategic importance in terms of improving expectations and boosting confidence, China’s capital market now provides opportunities for both Chinese and foreign investors as global economic growth stagnates due to Sino-US trade frictions, experts said. Their comments followed messages…