20200909 China News
Source: | Author:eacham | Published time: 2020-09-09 | 760 Views | Share:

Chinese bottled water and beverage company Nongfu Spring starts trading today on the Hong Kong Exchange, with its shares opening up 85.12 percent at HK$39.8.

Chinese video-streaming service provider Leshi Internet Information & Technology Corp has been fined 240 million yuan ($35 million) following an investigation into suspected illegal disclosure of information and fraud in its initial public offering.

The US aviation authority is investigating manufacturing flaws in the Boeing 787 after the company reported that certain plane parts did not conform to its production standards.


China is on its way to become the biggest market for electric vehicles (EVs) again by the end of the year, according to a market assessment published by the German Center for Automotive Research (CAR) on Monday.

China's foreign exchange reserves, the largest in the world, expanded to $3.1646 trillion in August, the fifth consecutive month of growth, as strong economic resilience and high-level opening-up measures bolstered momentum, experts said.

Offshore duty-free shopping in Hainan soared to 5.58 billion yuan ($816 million) in the two months from July to August, increasing 221.9 percent year-on-year, with cosmetics becoming the best seller in both sales volume and transactions, Haikou Customs District of China said on Tuesday.

China's "dual circulation" development pattern, which takes the domestic market as the mainstay while domestic and foreign markets complement each other, should take a green and sustainable path, industry experts said on Tuesday.

Source:Globaltimes,Xinhuanet,Chinadaily,Shine,Gdtoday,China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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