GENEVA - US President Donald Trump's proposal to impose massive tariffs on imports from China could backfire and undercut the multilateral global trade system, trade experts warned Thursday.
Gao Yunlong, chairman of the All-China Federation of Industry and Commerce, proposed that more work should be done to increase consumer spending and improve the business environment.
GUANGZHOU - Xiaoming Bike, a bike-sharing firm based in South China's Guangdong province, lost a lawsuit Thursday over its failure to pay back deposits.
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GUANGZHOU -- China's first maritime patrol ship with a tonnage exceeding 10,000 tons is being built and will be operated by the Guangdong Maritime Safety Administration when commissioned, officials of the administration said Wednesday.
Fu Yuwu, head of the Society of Automotive Engineers of China, said China is fully prepared for relaxing ownership restrictions.
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Gai Binhe, an analyst at Huajin Securities Co Ltd, said stricter regulation and stiffer qualifying standards will likely mark the IPO approval process from now on.
Further investigation into the cause of the accident is underway.
Fu said the local government is planning to build a SUP sports base and develop the race as a new brand for the county.
Gabriel Felbermayer, trade expert at the Ifo institute in Munich, warned that the development was likely to signal a looming "cold war" between Europe and the United States over trade.