Българо-Китайска Търговско-промишлена палaта

Apple’s official website now supports China’s national consumer subsidy program for the first time. According to the promotional page, selected products are eligible for up to RMB 2,000 ($279) in Chinese government subsidies. Consumers purchasing selected iPhone, iPad, or Apple Watch models can enjoy an additional 15% off the final price, capped at RMB 500…

Venezuelan President Nicolas Maduro on Monday said he “would constitutionally declare a republic in arms” if the South American country were attacked by forces that the United States government has deployed to the Caribbean. His comments during a news conference come as the US government this week is set to boost its maritime force in…

Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a broader consumer services platform, CEO Eddie Wu said in a June 23 internal email. The units will retain independent operations but align strategically under e-commerce…

A visitor (right) experiences a massage treatment conducted by an intelligent robot at a health maintenance store in Qinhuangdao, Hebei province, on June 18. CAO JIANXIONG/FOR CHINA DAILY China is overhauling its pricing law after nearly three decades, a critical revision aimed at curbing cutthroat price wars, algorithm discrimination and other unfair market practices in the…

Guatemala is ready and willing to receive some 150 unaccompanied minors per week of all ages from the United States, President Bernardo Arevalo said on Monday, a day after a US federal judge halted the deportation of 10 Guatemalan children. US President Donald Trump’s administration said in a court filing on Monday that the 10…

China has rolled out new tax reporting rules for internet platforms in a move to boost transparency and enforcement. The regulations, which took effect June 23, require platforms to submit quarterly reports to tax authorities on the identity and income of sellers and workers, including livestreamers, online shop owners and content creators. The first reports…

A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the group from increasingly risky US dollar-dominated trade while accelerating key infrastructure work, according to analysts. Such a concessional lender – part of an idea that has long been put on hold – would serve China,…

Starbucks has responded to rumours of a potential stake sale in its China operations after reports resurfaced that the American coffee giant is looking for buyers for its business in the country. “We see significant long-term potential in the market and are evaluating the best ways to capture the future growth opportunities,” the company said…

Seniors check out air conditioners at a shopping center in Shanghai. CHINADAILY As China“s silver economy is gaining growth momentum, top Chinese home appliance makers are ramping up efforts to launch products suitable for seniors — a demographic that has shown an increasing demand for diversified, easy-to-use and health-oriented household appliances. Experts said that with…

Consumers try out shoes at a Steve Madden store in Shanghai on July 23. CHINADAILY Global brands that once shifted part of their production out of the country are now turning back as they rediscover China“s enduring manufacturing edge. Steve Madden, the US-based footwear and accessories brand, began diversifying production last November, announcing in the…