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Business 11 May 2021 | 7:00 AM

ABB chairman is all smiles

ZURICH: The chairman of Swiss technology and engineering firm ABB told Xinhua he was bullish about his company’s performance outlook for 2021 driven by its China business and strong push into robotics and e-mobility.

Business 11 May 2021 | 7:00 AM

Pressure on exporters may mount in second half

ZHEJIANG: Chinese foreign trade enterprises may face surging pressure in the second half of this year, due to increasing commodity prices, skyrocketing shipping costs and a fluctuating foreign exchange rate, industry experts said.