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Business 04 Jan 2021 | 7:00 AM

Sustained growth boosts global outlook

BEIJING: China’s efforts to stimulate economic growth in 2021, including an expected stronger momentum in foreign trade, will continue contributing to global economic recovery and help stabilize global industrial chains amid the lingering fallout of the Covid-19 pandemic, officials and experts said.

Business 15 Dec 2020 | 7:00 AM

Free trade to thrive on multilateral ties

BEIJING: Ever since China and 14 other countries signed the Regional Comprehensive Economic Partnership (RCEP) agreement on Nov 15 in Hanoi, Vietnam, Xiao Maochang, chairman of Shandong province-based textile products maker Sunvim Group, could not stop wondering which South-East Asian markets are yet to be served by the company.

Economy 11 Dec 2020 | 7:00 AM

China opening up amid pandemic boon to global recovery

PHNOM PENH: China’s sticking to reform and opening-up amid the ongoing global Covid-19 pandemic is a boon to regional and global economic recovery, according to Cambodian officials and experts.

Business 10 Dec 2020 | 7:00 AM

German exports rise less than expected in October

BERLIN: German exports rose by less than expected in October but foreign trade still gave Europe’s largest economy a boost at the start of the fourth quarter as it struggles to avoid slipping into a double-dip contraction.

Business 10 Dec 2020 | 7:00 AM

China’s economy set to remain on steady keel

BEIJING: China will maintain the consistency, stability and sustainability of its macro policies and strive to keep its economic performance within a reasonable range, premier Li Keqiang said on Tuesday.

Economy 10 Dec 2020 | 7:00 AM

Malaysia-Thai border trade falls 15%

BANGKOK: Border trade between Malaysia and Thailand fell 14.67% to 198.65 billion baht in the first 10 months of the year as border closure to prevent the spread of the Covid-19 pandemic has interrupted trade.

Business 08 Dec 2020 | 7:00 AM

China foreign trade up 7.8% in November

BEIJING: China’s foreign trade expanded 7.8% year-on-year (y-o-y) in November, official data showed yesterday.