Business

China's Geely buys shares in Daimler to develop electric car technology

Chinese automaker Geely has reportedly bought a stake in German car manufacturer Daimler in an effort to seek cooperation for the development of its electric car technology.

Rocket fires up Chinese scientists' interest

The successful test flight of the US Falcon Heavy, now the world's most powerful carrier rocket, has provided experience to China's space sector as the nation strives to design its own super-heavy rocket.

China's forex reserves keep growing


China's foreign exchange reserves rose for the 12th straight month to reach 3.1615 trillion U.S. dollars at the end of January, official data showed Wednesday.
 

Chinese, UK firms to build finance and tech park in Xiong'an New Area

Companies from China and Britain will jointly establish a finance and technology park in Xiong'an New Area, the major new state-level development hub connecting Beijing, Tianjin and Hebei.

Huawei in UK Brexit pledge

Huawei, one of the leading Chinese investors in the UK, has made a £3 billion commitment to the United Kingdom.

Innovation, B&R fuel global expansion of Chinese brands

Driven by innovation and the Belt and Road Initiative, Chinese brands have won growing recognition in global markets, especially electronics and e-commerce brands, according to the latest brands report released on Tuesday. 

Dow turns 567 point loss into 567 point gain as stocks rally

U.S. stocks rallied Tuesday as a late surge helped them regain almost half their losses from the day before.

U.S. stocks rebound shortly after opening bell

U.S. stocks rebounded shortly after the opening bell on Tuesday, trying to recover from steep sell-off in the previous session.

Huawei, Telefonica complete world's 1st assisted driving technology test

Chinese telecom company Huawei and its Spanish counterpart Telefonica have confirmed the completion of the world's first test of technology to aid assisted driving.

Apple to build another data center in China

Apple Inc., the United States tech giant, will build a data center in Ulanqab City in north China's Inner Mongolia Autonomous Region, after its first data center in southwestern Guizhou Province.

Chinese shares plunge more than 3 pct Tuesday

China's major stock indices plunged by more than 3 percent Tuesday, tracking losses on Wall Street overnight.

BBC accuses Beijing company of trademark infringement

The British Broadcasting Corporation is accusing a Beijing-based company, iYuba, of infringing on its trademark.
 

AIIB to work with Malaysia to support infrastructure in ASEAN region

The Asian Infrastructure Investment Bank (AIIB) will work with Malaysia, one of the founding members, to seek ways to support infrastructure development in the ASEAN region, said the bank's president Jin Liqun on Tuesday.

Chinese shares close lower Tuesday

Chinese stocks closed lower on Tuesday, with the benchmark Shanghai Composite Index down 3.35 percent, at 3,370.65 points.

£2 billion of British goods coming to JD.com

"From luxury British couture and tea, to chocolate, beauty products, home appliances and other items, UK products have gained popularity in China in recent years."

Ctrip to use AI to promote China-UK travel

Asia's largest online travel agent, Ctrip, has announced they are investing in AI software to help promote China-UK tourism.

Dow plunges over 1100 points as sales turn panicky

U.S. stocks closed sharply lower on Monday, with the Dow plummeting 4.60 percent, as the market took a heavy hit from panic sales.

World's most valuable brand revealed, huge China growth

Amazon has been crowned the world's most valuable brand... for now!

E-commerce giant JD.com to expand market in Europe

E-commerce giant JD.com plans to invest at least one billion Euros to set up a logistics network in France before 2019.

Three of the world's five leading smartphone vendors in Q4 from China

Three Chinese companies were among the world's top five smartphone vendors in the fourth quarter of last year, according to a report released by the International Data Corporation (IDC).

HomePrev...93949596979899...NextEndTotal 100 pages