20191205 China News

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Dec.05

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China News


1

Huawei Technologies Co Ltd is planning to shift its research center to Canada from the United States, as the Chinese tech giant readjusts its business layout amid restrictions from Washington.


2

New energy vehicles are expected to account for 25 percent of the total car sales in China by 2025, up from the 20 percent estimated in 2017, an indication that the country is even more committed to making steady progress in the burgeoning sector.

 

3

China's service sector expanded in November at the fastest pace since March as corporate confidence improved with a substantial increase of new orders, a private business survey showed on Wednesday.


4

The Australian business community has said that it is looking forward to next year's China International Import Expo (CIIE) following the conclusion of the second edition of the trade fair in Shanghai last month.


5

The cargo volume at southwestern China's Tianpeng port, located on the border of Yunnan province and Vietnam, totaled 63,095 metric tons in the first three quarters of 2019, up 22.86 percent year-on-year.


6

Oil and gas giant China Petrochemical Corp, or Sinopec, has completed the re-gasification capacity expansion work for the second-phase of its liquefied natural gas receiving terminal in Tianjin, marking a step closer in the completion of the country's largest-to-be LNG terminal.


7

Tech behemoth Amazon.com Inc said on Wednesday that the sales revenue in the Chinese market on the Black Friday shopping spree, which falls on Nov 29 this year, were three times higher than its sales during China's annual Singles Day shopping extravaganza.


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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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