China announces targeted RRR cuts to bolster economy

China announces targeted RRR cuts to bolster economy

China's central bank on Friday announced it will implement targeted reserve requirement ratio cuts for eligible banks from March 16 to support the economy.

Macro

Do not let economic globalization fall victim of pandemic

Do not let economic globalization fall victim of pandemic

With more than 118,000 confirmed cases in 114 countries and regions, the global novel coronavirus disease outbreak is now officially a pandemic.

Financials

Companies

SF Airlines opens cargo liner route between Shenzhen, Osaka

SF Airlines opens cargo liner route between Shenzhen, Osaka

SF Airlines, the aviation branch of China's express giant SF Express, Thursday launched a new direct all-cargo flight service linking Shenzhen in southern China with Osaka of Japan.

Starbucks to build coffee innovation park in China

Starbucks to build coffee innovation park in China

Starbucks on Friday announced a plan to build a coffee innovation park in eastern China, the largest manufacturing investment by the world's leading coffee chain outside the United States.

Changan starts mass production of L3 self-driving cars

Changan starts mass production of L3 self-driving cars

Chinese carmaker Changan Auto has started mass production of its level 3 autonomous driving car model "UNI-T."

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