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Xi stresses commitment to good China-Russia relations

November 2, 2017

BEIJING - Chinese President Xi Jinping stressed China's commitment to developing and deepening relations with Russia during a meeting with Russian Prime Minister Dmitry Medvedev yesterday. Xi said China is ready to work with Russia to expand cooperation in various fields, maintain close coordination in international affairs and promote the building of a community of shared future, China’s State newsagency, Xinhua, reported.

E-commerce is set for rapid growth in India

November 1, 2017

NEW DELHI - India’s e-commerce development has lagged far behind that of China andr Southeast Asian countries like Singapore and Malaysia, but the gap has started to show signs of narrowing in the wake of pro growth economic policies adopted by the Modi Government. Swift e-commerce development in India is being facilitated by a phenomenal surge of internet usage, says a new research report from the Hong Kong Trade Development Council.

China rejects findings of U.S. dumping investigation on aluminium foil

November 1, 2017

BEIJING - The U.S. conclusion on anti-dumping of aluminum foil from China was "a serious distortion" of real situation, the Ministry of Commerce (MOC) said Tuesday, the Chinese State newsagency Xinhua reported. It said the MOC made the statement in response to a U.S. decision on China's status as a non-market economy country and launching of an anti-dumping investigation against aluminum foil imports from China under the "analogue country methodology".

China, South Korea agree to normalise co-operation “as soon as possible”

November 1, 2017

BEIJING - China and South Korea have been maintaining communications on the Korean Peninsula nuclear issue through diplomatic channels, the Chinese Foreign Ministry said Tuesday. "Enhancing communication and co-operation is in accordance with the common interests of China and the ROK, a Ministry press release said. “Both sides agree to return communication and co-operation in various fields to the normal track as soon as possible."

China will not change determination to deepen relations with Russia - Xi

October 27, 2017

BEIJING - Russia is China's comprehensive strategic partner of coordination, and whatever volatile changes may take place in the international arena, China will not change its determination to deepen relations with Russia, Chinese President Xi Jinping said Thursday. China’s State newsagency, Xinhua, reported that Xi made the remarks during a phone conversation with Russian President Vladimir Putin.

Watch and Clock market divided on outlook for 2018

October 25, 2017

HONG KONG – Exhibitors and buyers at the HKTDC Hong Kong Watch & Clock Fair, the largest event of its kind in the world are divided when it comes to the level of sales anticipated over the next 12 months, with exhibitors showing significantly higher optimism than their counterparts on the buying side.

Greater unity was on show when it came to evaluating product trends, with the majority of buyers and exhibitors agreeing that smart watches will remain the most popular items well into 2018.

Xi promises further reform, opening China wider to the world

October 25, 2017

BEIJING - Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, has promised further reform and opening-up at a media conference here today. "We will review our experience and build on the good momentum to continue modernisng China's system and capacity for governance, and make determined efforts to comprehensively deepen reform and open China still wider to the world," the State newsagency, Xinhua, quoted Xi as saying.