China’s southernmost province of Hainan has been simultaneously designated an experimental free trade zone and a free trade port by the nation’s central government, three decades after it first became a special economic zone.
Chinese telecommunication giant Zhongxing Telecommunication Equipment Corporation (ZTE), has been barred from buying components and parts from American companies as the trade conflict between China and the US intensifies.
China’s State Council recently approved two experimental zones for border tourism, in Manzhouli, Inner Mongolia Autonomous Region, and Fangchenggang in Guangxi Zhuang Autonomous Region.
Two-way foreign direct investment (FDI) between the US and China declined sharply in 2017, according to a new report jointly released by the non-profit National Committee on United States-China Relations and data analysts the Rhodium Group.
China has become Asia’s biggest destination for overseas students, according to figures from the Chinese Ministry of Education (MOE).
Chinese President Xi Jinping, who is also Chairman of the Central Military Commission of the Communist Party of China, inspected the Chinese navy in the South China Sea on April 12.