Business
China's central state firms report strong profit growth in first two months
China's centrally-administered state-owned enterprises (SOEs) reported double-digit growth in business revenue and profit in the first two months in 2018, state assets regulator said Saturday.
Electric carmaker NIO prepares for U.S. IPO
Chinese electric car startup NIO is reportedly planning to raise up to 2 billion U.S. dollars in a New York IPO. If NIO reaches its top potential offering size, it would become the largest Chinese listing in America in recent years.
Apple China to investigate leak threat complaint
Apple China promises to investigate alleged threats by a tech support staff member to leak personal information from a customer's iCloud account.
Swiss company sees growth opportunity for cruise market in China
The naming ceremony for the latest ship of Switzerland-based Viking Cruises, the Viking Sun, took place in Shanghai this week after it arrived at the city's international cruise ship terminal, reports thepaper.cn.
Uber co-founder starts new fund to invest in China
Uber co-founder and former CEO Travis Kalanick started a new investment fund that will involve for-profit and non-profit projects.
China's forex reserves to keep basically stable: central bank
Economic fundamentals and a stable yuan will keep China's foreign exchange reserves basically stable, a central bank official said.
China to be bolder in opening up financial sector: central bank governor
China will be bolder in the opening up of its financial sector, the country's central bank governor said on Friday. Zhou Xiaochuan made the remarks at a press conference on the sidelines of the annual session of the National People's Congress.
New Peugeot model aims to reverse China fortunes
The new Peugeot 508 is clearly not geared towards Peugeot's home European market. That's because it's a midsize Sedan (Saloon), a category that remains extremely popular in China, but is in decline in Europe.
35 times train services between China and Europe in 10 years
Ten years ago, there were no direct train services linking Chinese and European cities. Now, there are 34 cities in Europe and 35 in China linked by such routes.
China likely to reduce reliance on wide capital support for growth: governor
China is likely to reduce reliance on wide capital support for economic growth as the country seeks high-quality development, China's central bank governor said Friday.
China's PPI up 3.7 pct in February
China's producer price index (PPI), which measures costs for goods at the factory gate, rose 3.7 percent year on year in February, the National Bureau of Statistics said Friday.
China's CPI up 2.9 pct in February
China's consumer price index (CPI), a main gauge of inflation, rose 2.9 percent year on year in February, up from 1.5 percent for January, data from the National Bureau of Statistics showed Friday.
EU outlines plan to counter U.S. steel, aluminium tariffs
The European commissioners on Wednesday gave political endorsement to a proposal aiming to counter the possible U.S. steel and aluminum tariffs.
Chinese company files more European patent applications than any other
A Chinese company has topped the European Patent Office's 2017 patent-filing league table for the first time, according to results announced on Wednesday in Brussels.
US economist's view on 2018 Chinese Government Work Report
Among those listening closely this week to Chinese Premier Li Keqiang's government work report were US-based economists.
Amazon's Jeff Bezos tops 2018 Forbes' billionaires list
Bezos is estimated to be worth $112 billion according to Forbes, up almost 40 billion U.S. dollars from last year, the biggest one-year gain ever. Pony Ma, chairman of Tencent valued at 45.3 billion U.S. dollars at number 17.
China capable of forestalling systemic risks: finance minister
China is confident of fully forestalling systemic risks, the country's financial minister said here Wednesday.
China's top bank ICBC becomes biggest bond issuer on Nasdaq Dubai
The Industrial and Commercial Bank of China (ICBC) became the biggest bond issuer on Nasdaq Dubai after listing two new bonds Tuesday, Dubai International Financial Center (DIFC) said.
China improves credit blacklisting mechanism to avoid undue punishment
China will improve its credit blacklisting mechanism to avoid undue punishment for credit defaulters, the country's economic planner said Tuesday.
Wechat hits 1 billion monthly users worldwide
Popular Chinese social media app WeChat has recorded one billion monthly users for the first time. A WeChat-focused consulting agency says the growth is coming from overseas, such as south-east Asia, Europe and the US.