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  • SAFE amends interbank forex market maker directive to further boost liquidity

    The State Administration of Foreign Exchange (SAFE) released on January 8 a circular on amending the interbank foreign exchange (forex) market maker directive, which, as experts said, will further optimize the forex market structure and improve liquidity, reported Xinhua-run financial information platform Xinhua Finance.

    January11,2021


  • Polish aircraft maker sets up production base in east China

    Polish aircraft maker Marganski has teamed up with an airport industrial park in east China's Nantong City to jointly produce its light utility aircraft model.

    February22,2017


  • Unit of Guangzhou's Kingfa Science to create 150 jobs in U.S. state of Michigan

    A Michigan-based subsidiary of China's biggest plastics maker will invest $60 million and create 150 jobs over the next three years with an expansion of its suburban Detroit plant.

    February07,2017


  • Seagate to cut more than 2,000 jobs in China

    Hard-disk drive maker Seagate Technology Plc said it would cut more than 2,000 jobs as it shuts down its Suzhou factory in China.

    January13,2017


  • Leading drone maker DJI expects 2016 global sales to top 10 billion RMB

    Drone manufacturer DJI has nearly realized its ambition of topping 10 billion RMB in global sales by the end of 2016, which will be an increase of 60 percent year on year, according to a vice president of the company.

    December13,2016


  • Chinese company withdraws takeover bid of German chip equipment maker

    China's Fujian Grand Chip Investment Fund (FGC) announced on Thursday on its website to withdraw its offer for German chip equipment maker Aixtron.

    December09,2016


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