SHANGHAI -- China's forex regulator said Thursday that the country will properly ease and even cancel quota management for Qualified Foreign Institutional Investors (QFII) in a bid to further widen investment scope for overseas investors.
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SOCHI - Chinese Premier Li Keqiang called for closer economic and trade ties between China and Russia, saying the two countries will carry out more cooperation over key international issues.
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Ryan Nance, business development director at the Economic Development Partnership of North Carolina, said that regardless of what happens in Washington, most business people focus on international markets to be successful.
SMIC itself has fallen under scrutiny from Washington. Earlier this month media reported that the Trump administration is considering placing restrictions on the company similar to those it placed on Huawei, barring US companies from servicing and supplying it.
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SHENZHEN - Chinese telecom equipment maker ZTE reported a 156.9-percent rise in net profit in the first three quarters of the year.
SAN SALVADOR - El Salvador, which established diplomatic ties with China last month, is eyeing China's consumer market, hoping to find a niche for its agricultural exports, including premium coffee and sugarcane, a local official has said.
SAN FRANCISCO - A trade and investment forum between provinces in China and the US state of Washington is scheduled for later this month.
SMIC's shares were trading at 95 yuan at the open, a 245 percent rise, with its share sale being the Chinese mainland's biggest in a decade.