Business

Ford seeks recovery in China

A report by Reuters claims that Ford is keen for more of its Chinese business to be managed locally in order to respond more promptly to market demand.

AIIB inks natural gas deal with Chinese firm to improve air quality

The Asian Infrastructure Investment Bank (AIIB) signed a natural gas project with a Chinese company Monday to improve the air quality in Beijing.

Boeing's new 737 MAX 7 aircraft completes successful maiden flight

U.S. top aerospace manufacturer Boeing Company announced Friday the successful test flight of its new 737 MAX 7 airplane, which is put on track for delivery in 2019.

Direct Edinburgh - Beijing flight revealed

The capital cities of China and Scotland will be linked directly for the first time after Hainan Airlines revealed plans to launch flights between Edinburgh and Beijing.

Hong Kong tycoon Li Ka-shing announces retirement

Hong Kong tycoon Li Ka-shing said on Friday that he is retiring from his business empire.

Li Ka-shing retires and passes his business empire to elder son

Hong Kong billionaire Li Ka-shing has announced his retirement from business. The 89-year-old will be succeeded by his elder son, Victor Li.

IKEA being sued in China over exploding glass cup

The world's largest furniture retailer is being sued after a glass cup exploded in the face of a Chinese customer. The court case scheduled to be heard on Thursday was delayed as IKEA did not show up.

China leads global heli-market rebound: Bell Helicopter

China is set to boost the development of its civil aviation industry to create a market that is expected to be worth more than a trillion yuan (158.4 billion U.S. dollars) by 2020.

MSCI launches new China indexes as reference for investors

​The launch of 12 new China-related indexes by MSCI provides a new reference and preparation for global investors, according to analysts.

Chinese stock regulators levy $870M fine in scandal

China's securities regulator said Wednesday it fined a company a record 5.5 billion yuan ($870 million) for manipulating share prices in the latest scandal to roil the country's turbulent markets.

Jan-Feb industrial output rises, investment quickens

China's industrial output expanded at 7.2 percent year on year in the first two months, accelerating from 6.2 percent growth in December 2017, official data showed Wednesday.

California honors BYD Motors president as "Woman of the Year"

President of China's electric vehicle manufacturer BYD Motors Stella Li was honored Monday by the California Legislative Women's Caucus with their Woman of the Year award.

China's HNA may sell stake in Hilton Grand Vacations

Chinese conglomerate HNA, a 25% shareholder in Hilton Grand Vacations, is said to be in talks to sell some, if not all, of its estimated $1.2 billion US dollars' worth of HGV shares, reports The Wall Street Journal.

Welsh exports to China grow by a third

There's been a sharp rise in exports from Wales to China. 

Xiaomi to make new push into India

​Chinese smartphone maker Xiaomi has unveiled its ambitious new plan for tapping the Indian market this year, including launching six new smartphone models and establishing 100 new retail outlets.

LeEco founder's electric car undergoes winter testing

LeEco founder Jia Yueting has set out a series of new photos on his Sina Weibo account showing a red-colored model of Faraday Future's new electric vehicle, the flagship FF91, undergoing winter testing in Minnesota.

90 percent of luxury car gains in China

90 percent of luxury car gains in China! That's according to The Nikkei, who have calculated the figure based on data from the world's leading luxury car manufacturers.

China welcomes foreign enterprises in SOE mixed-ownership reform: regulator

China welcomes all types of enterprises, including foreign ones, to participate in mixed-ownership reform of state-owned enterprises (SOEs), the state assets regulator said on Saturday.

China calls for fair treatment on its overseas investment

China's top state-owned enterprises (SOE) regulator Saturday called on other countries to treat Chinese investment fairly and equally.

Debt level at China's central SOEs under control: regulator

The overall debt level of China's centrally administered state-owned enterprises (SOEs) is under control and in steady decline, the country's state assets regulator said on Saturday.

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