Business
FDI into Chinese mainland dips in April
Foreign direct investment (FDI) into the Chinese mainland dipped 1.1 percent year on year to 59.24 billion yuan (about 9.3 billion U.S. dollars) in April this year.
China's Weichai to buy 20-pct stake in fuel cell maker Ceres Power
Weichai Power, a leading Chinese automobile and equipment manufacturing firm, signed a strategic collaboration deal Wednesday with British solid oxide fuel cell (SOFC) maker Ceres Power.
China's housing prices continue to hold steady in April
Housing prices stayed largely stable in major Chinese cities in April as the government continued tough purchase restrictions, official data showed Wednesday.
BMW first foreign carmaker to receive self-driving road test license
China on Monday issued its first road test license to a foreign automobile firm granting BMW China Services Ltd. permission to test its self-driving vehicles.
Dandong to cool property speculation as investors predict DPRK boom
Authorities in northeast China city of Dandong have moved to restrict property speculation, after buyers flocked to the city near the country's border with DPRK in anticipation of Pyongyang's potential economic opening up.
China's industrial output expands 7 pct in April
China's industrial output expanded 7 percent in April and its fixed-asset investment rose 7 percent in the first four months of the year, official data showed Tuesday.
China's Didi approved to test autonomous vehicle in California
China's drive-sharing company Didi Chuxing Technology Co. was approved by California Department of Motor Vehicles (DMV) to test its self-driving vehicles.
Stocks of U.S. suppliers to ZTE soar after Trump's comments
Shares of American companies that supply chips and other components to Chinese telecom equipment maker ZTE Corp. rebounded strongly on Monday, after U.S. President Donald Trump said that Washington and Beijing are working to get the company back into business.
Tesla sets up wholly-owned subsidiary in Shanghai
U.S. electric vehicle maker Tesla has set up a wholly-owned subsidiary in Shanghai, the latest effort to penetrate the Chinese market.
China praises Trump's ZTE comments
China praises the latest positive comments made by the United States regarding the issue related to Chinese telecommunication giant ZTE Corp, Foreign Ministry spokesman Lu Kang said on Monday.
Xi's special envoy to visit U.S. for trade talks
Chinese President Xi Jinping's special envoy and Vice Premier Liu He will visit the United States from May 15 to 19 for economic and trade consultations, a foreign ministry spokesperson said on Monday.
Foxconn to issue 1.97 bln shares in Shanghai listing
Foxconn Industrial Internet, a subsidiary of the Taiwanese manufacturer Hon Hai Precision Industry Co. Ltd., said it plans to issue 1.97 billion shares in its initial public offering (IPO) in the A-share market.
Annual U.S.-China innovation conference to kick off in Houston
The third U.S.-China Innovation and Investment Summit (UCIS) is kicking off Monday through Tuesday in Houston with about 500 senior officials and entrepreneurs from the two countries will participate in the two-day event.
U.S., China working to get ZTE back into business: Trump
U.S. President Donald Trump said on Sunday that Washington and Beijing are working to get Chinese telecom equipment maker ZTE, which is suffering from a U.S. exports ban, back into business.
Ambassador says China-U.S. trade imbalance will not last in long run
Chinese Ambassador to the United States Cui Tiankai said on Friday that the trade imbalance between China and the United States cannot and will not last in the long run.
China's macro leverage to see slower growth: PBOC report
China's macro leverage growth will likely continue to slow, said the People's Bank of China (PBOC), the country's central bank.
China's soybean imports predicted to edge down
China's soybean imports from October 2018 to September 2019 are expected to edge down from a year earlier due to increased output and slower consumption growth.
China approves IPO of Foxconn Industrial Internet Co.
China's securities regulator on Friday approved the initial public offering (IPO) application from Foxconn Industrial Internet Co.
Chinese game live-streaming site Huya makes NYSE debut
Huya, a Chinese live-streaming platform for video games and e-sports, rang the New York Stock Exchange (NYSE) opening bell on Friday in celebration of its initial public offering (IPO).
J.P. Morgan applies to set up majority-ownership brokerage in China
J.P. Morgan Broking (Hong Kong) Limited has applied to set up a majority ownership securities firm in China as the country takes steady steps to open up the sector to foreign investment.