Business
HSBC to be first foreign company to trade on Chinese Stock Exchange
HSBC will be the first foreign bank to offer Chinese Depository Receipts which is a traceable security that represents shares that are listed elsewhere.
B&R countries eye production capacity cooperation with China
Deals for 65 production capacity cooperation projects, worth 142.7 billion yuan (about 20.6 billion U.S. dollars) in total, were signed at an international forum that concluded Saturday in central China's Hubei Province.
Chinese e-scooter maker Niu Technologies debuts on Nasdaq
Niu Technologies, a Chinese manufacturer of smart e-scooters, started trading on Nasdaq Stock Market on Friday.
Prices of made-in-China Christmas decorations could spike due to tariffs
Yiwu in east China's Zhejiang Province produces two thirds of the world's Christmas decorations. In September, the US imposed another 10 percent tariffs on 200 billion US dollars' worth of Chinese goods. That could drive up prices.
China Consumers Association urges Apple to face security complaints
China Consumers Association urged Apple on Friday not to shirk responsibility and play down its security loopholes in digital payment following reported financial loss by users.
Alibaba gears up for another sale boost on Single's Day promotion
Alibaba has announced it intends to boslter its on-demand delivery platforms for its Singles Day Shopping promotion this year. The company also intends to unveil a rewards program for online shoppers.
U.S.-listed Chinese firms trade mostly lower
U.S.-listed Chinese companies traded mostly lower on Friday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Chinese vice premier stresses growth stability, risk prevention
Chinese Vice Premier Liu He said Friday that the country will strive to maintain steady economic growth and properly ward off financial risks with the macro leverage ratio kept relatively stable.
China's stock market corrections create good investment opportunities: vice premier
Chinese Vice Premier Liu He said Friday that many factors have caused obvious stock fluctuations and declines in China recently.
Chinese SOEs and private enterprises interdependent: vice premier
Chinese Vice Premier Liu He said Friday that state-owned enterprises are in an interdependent relationship with private enterprises, where there is mutual support and cooperation.
Chinese vice premier vows unwavering support for private sector
Vice Premier Liu He Friday reiterated China's unwavering support for the private sector in an interview with Chinese reporters.
Interest rate hikes, trade frictions cause obvious stock declines in China
Chinese Vice Premier Liu He said Friday many factors have caused obvious stock fluctuations and declines in China recently, including interest rate hikes by major economies' central banks and the Sino-U.S. economic and trade frictions.
China's Huawei plans to set up manufacturing unit in India
Chinese telecom giant Huawei plans to begin manufacturing mobile phones in India by next year, Indian media quoted the company's Global Vice-President Jim Xu as saying on Friday.
JD to launch US online store on Google
E-commerce giant JD.com will launch an online store on Google this year to sell directly to American buyers for the first time, another big move of the retailer to dive deeper in the U.S. market.
China's GDP grows 6.7 pct in first 3 quarters
China's gross domestic product (GDP) expanded 6.7 percent year on year in the first three quarters of 2018 to about 65.09 trillion yuan (about 9.38 trillion U.S. dollars).
E-commerce platform JD.com launches individual delivery service
JD.com, one of China's most influential e-commerce companies, has officially launched an individual express delivery service.
BP starts construction of new oil lubricant plant in Tianjin
British Petroleum (BP) has started the construction of a new lubricant blending plant in northern China's port city of Tianjin.
Didi trials passenger and driver blacklisting feature
Didi has launched a feature allowing passengers and drivers to blacklist each other for 12 months, the latest security upgrade for Didi's service following several safety scandals.
Baidu becomes first Chinese member of U.S.-led AI alliance
China's search engine giant Baidu Inc. has become the first Chinese member of the U.S.-led alliance on AI, the Partnership on AI (PAI), which is committed to addressing the challenges and impacts of artificial intelligence.
Trump administration declines to brand China currency manipulator
The Trump administration has again decided not to brand China a currency manipulator. But the U.S. is targeting China and five others for special monitoring for what the administration says are practices that are worsening America's trade deficit.