Author: Cedar Park Staff

China‘s CPI soars to 94-month high of 4.5% in November

China‘s CPI soars to 94-month high of 4.5% in November

Photo: GT Soaring pork prices pushed China‘s inflation level to a 94-month high in November, according to official data released on Tuesday morning.  But experts reassured that the country‘s CPI rise will slow in 2020 as trade frictions calm and pork prices are corrected.  China‘s consumer price index (CPI), a […]

HKSAR government, political parties to continue to cooperate: Lam

HKSAR government, political parties to continue to cooperate: Lam

Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor speaks during a media session in September. File photo: Xinhua Carrie Lam Cheng Yuet-ngor, chief executive of the Hong Kong Special Administrative Region (HKSAR), said the SAR government is directly responsible for the pro-establishment camp‘s defeat in the district council elections, and […]

China likely lead global edge computing development thanks to 5G

China likely lead global edge computing development thanks to 5G

A model of smart car equipped with Thundersoft‘s smart system being displayed at an exhibition over the weekend in Beijing. Photo: Li Xuanmin/GT China‘s early 5G rollout is fueling a boom in emerging high-tech industries including edge computing, through which data is being rapidly processed closer to devices in real-time, […]

Special Tibet exhibit

Special Tibet exhibit

Pictured is a niche of a tooth of a late Panchen Lama from 18th century on display at the Palace Museum in Beijing on Monday, as part of a joint exhibit by the museum and the Tashilhunpo Monastery of Southwest China‘s Tibet. More than 70 cultural relics from the temple […]

Declining US-China trade trend hard to reverse

Declining US-China trade trend hard to reverse

Photo:Xinhua It has been 18 months since the US began imposing 25 percent tariffs on the first tranche of Chinese goods, and bilateral trade between the world‘s two largest economies is still sliding. The General Administration of Customs showed that China‘s trade with the US fell 11.1 percent year-on-year to […]

China‘s economic policy does not depend on US actions

China‘s economic policy does not depend on US actions

Illustration: Luo xuan/GT This year‘s annual tone-setting economic conference of China‘s senior policymakers is likely to be held earlier than usual, which may signal that China will set its next year‘s economic policy goals and agendas at its own pace regardless of the dynamic in bilateral trade talks. The Political […]

‘Not shocking‘ to replace foreign equipment

‘Not shocking‘ to replace foreign equipment

Yu Chengdong, CEO of Huawei‘s consumer business, unveils the company‘s HarmonyOS on Friday in Dongguan, South China‘s Guangdong Province. Photo: Courtesy of Huawei Foreign media was shocked by a report on Chinese government‘s decision to replace foreign made computer equipment and software within three years, and believe this is a […]

China‘s human devt rapidly rises: UNDP

China‘s human devt rapidly rises: UNDP

UNDP resident president in China Beate Trankmann presents the 2019 Global Human Development Report on Monday. Photo: UNDP China has achieved notable progress in human development over the last three decades, with an increase of 51.1 percent in human development index (HDI) between 1990 to 2018, according to a United […]