Economy

Economy

Economy

China will lower tariffs on more tan 850 products

China will lower tariffs on more than 850 products with the aim of "expanding imports and promoting coordinated trade development," state news agency Xinhua reported.

Among the products that will be affected by the rebate are frozen pork, high-tech components such as semiconductor test equipment and memory chips, and medicines to treat diabetes and asthma.

Economy

E-Commerce in China, a booming comercial modality

For quite some time, Chinese society has established itself as the one that most uses the online channel for the acquisition of goods and services, taking years of advantage to any other country in this field. Only one fact: the number of online buyers in China exceeded 1,000 million people in the last year.

Economy

Ecommerce: ICEX and Alibaba come together

ICEX Spain Export and Investments and the Alibaba Group have signed a memorandum of understanding with the aim of helping Spanish companies, SMEs and brands to take advantage of Alibaba's platforms and ecosystem, with the purpose of growing in China and throughout the world.  

Economy

China hetas the gold market

The world economy is being played on a chess board in which the United States goes with Black and China with White. The commercial war that maintains the first and second power of the planet covers all areas and gold, as a classic pattern of the monetary system, could not be left out. In fact, it begins to become a strategic asset in the battle and proof of this is the sharp increase in the gold reserves of the People's Bank of China.

Economy

China builds its own virtual currency

China accelerates preparations to create its own virtual currency, at a time when Facebook promises to revolutionize the global payment system with its "pound."

This is a change for Beijing, which in 2017 accused cryptocurrencies of being "the instrument of criminal activity" at the service of drug trafficking and financial fraud.

Economy

The largest airport in the world

Just over a decade ago, on the occasion of the 2008 Olympic Games, Beijing opened what was then the largest airport in the world, actually the third terminal of the one that already existed. Work of Sir Norman Foster, said T3 has become so small only eleven years later that the Chinese capital will open a new airport these days that aspires to be the largest in the world.

Economy

Jack Ma

The well-known businessman Jack Ma, the richest man in China, leaves on Tuesday the executive presidency of the Chinese e-commerce giant Alibaba twenty years after the company was founded.

Ma made this decision public just one year ago, when he said that "due to the physical limits in one's capacity and energy, no one can assume the responsibilities of president and CEO forever," so he opted to allow the "Younger and more talented" people lead the firm.

Economy

China has invested more than 4.000 million in Spain

China is not only the Asian giant, but an economic titan that questions the Western order. Although in 2004 Chinese investment abroad barely accounted for 0.45% of world flows, the communist regime has escalated to become the second largest investor country, just behind the United States, representing 12.8% of the global total in 2018.

Economy

STAR, the “chinese Nasdaq” that just debuted

STAR, the new Chinese technology stock index similar to Nasdaq, operated by the Shanghai Stock Exchange, debuted on Monday with stocks that rose up to 520% ​​during the day.

Most of the shares in the so-called STAR market, which has a US-style IPO system, doubled or tripled the initial public offering prices.

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