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Alibaba buys NetEase's import e-commerce unit for US$2 billion

06-09-2019 15:50

Alibaba Group has bought the e-commerce platform of NetEase for about US$2 billion and will participate in a US$700 million investment in NetEase's music streaming service, the two Chinese firms said on Friday (Sep 6).

US, China to talk trade on Thursday: Trump

30-08-2019 09:24

President Donald Trump said US and Chinese trade officials were due to hold discussions on Thursday (Aug 29), days before Washington is due to raise tariffs on billions in Chinese goods.

Chinese yuan weakened to 11-year low in response to new tariffs

26-08-2019 23:55

Earlier on Monday morning, the Chinese yuan weakened to an 11-year low. The onshore renminbi weakened as much as 0.7 per cent against the dollar to its lowest since February 2008 following comments from the White House that President Trump’s only regret was not raising tariffs more than he already had.

A larger slice of global capital rearrangements

26-08-2019 09:43

Numerous international investors, including Chinese groups, plan to relocate their facilities to ASEAN countries to avoid the impact of the US-China trade dispute. Phan Huu Thang, former head of the Foreign Investment Agency under the Ministry of Planning and Investment, writes about multinationals’ concerns, particularly about human resources, and the exact potential of the market in Vietnam.

17 Chinese, Ukrainian seamen kidnapped off Cameroon

17-08-2019 09:38

Nine Chinese and eight Ukrainian seamen were abducted on Thursday (Aug 15) when two merchant vessels came under attack in Cameroonian waters, sources said Friday.

Yuan price reduction affects on local industry: experts

14-08-2019 09:50

The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Viet Nam’s yarn industry, according to Viet Nam Textile and Apparel Association.

Chinese and US trade negotiators speak on phone

14-08-2019 09:09

Chinese and American trade negotiators spoke on the phone on Tuesday (Aug 13), state media reported, two weeks after US President Donald Trump ratcheted up tensions by announcing fresh tariffs on Beijing's exports.

European stocks tumble on tariff moves as Chinese yuan sinks

06-08-2019 10:19

European stock markets tumbled on Monday (Aug 5) after the Chinese yuan fell sharply in what analysts said was Beijing's riposte to US President Donald Trump vowing to impose fresh tariffs on Chinese goods in the latest trade war flare-up.

JD.com usurps VNG to become Tiki's largest shareholder

06-08-2019 00:00

VNG used to be Tiki's largest shareholder with an investment of VND384 billion ($16.7 million) but it has just lost this position to JD.com, a Chinese e-commerce giant.

VN stocks fall on US-China trade news

02-08-2019 14:42

Vietnamese shares dipped on Friday morning after global markets tumbled following the US president’s latest announcement on imposing more tariffs on Chinese goods.

US to slap 10% tariff on another US$300b in Chinese goods

02-08-2019 14:19

President Donald Trump announced on Thursday (Aug 1) he will hit China with punitive tariffs on another US$300 billion in goods, escalating the trade war after accusing Beijing of reneging on more promises.

US, China to hold more trade talks after 'constructive' meeting

31-07-2019 21:36

US and Chinese negotiators agreed to meet again in the United States in September after holding "frank" and "constructive" talks in Shanghai on Wednesday (Jul 31), state media said following meetings overshadowed by a Twitter tirade from President Donald Trump.