China's largest oil and gas company, the China National Petroleum Corporation (CNPC) has signed a $1.77 billion deal with the Abu Dhabi National Oil Company (ADNOC), getting an eight percent share in the onshore oil concession in the United Arab Emirates.
How to deal with the challenge of robots and automation that will impromptu lead to loss of jobs for many people? The answer is quite straightforward from Microsoft co-founder Bill Gates: tax the robots.
The business development general manager of Alibaba Tmall, John O'Loghlen, announced that its newly launched Australian Office would build on the Chinese relationship that will put Australian brands spread worldwide.
Ant Financial Services Group has agreed on a $200 million strategic investment in Kakao Pay, according to Ant and Kakao's joint announcement. This marks the third major investment of Ant Financial in the online payment sector within the last 12 months.
China’s top economic planner is set to implement plans for the integrated development of Beijing, Hebei and Tianjin provinces, as part of a national strategy to create the next growth engine through a global city cluster, which is expected to push growth in the capital region and in the whole Bohai Bay area in the next decades.
Ant Financial Services Group, the financial arm of Alibaba Group Holdings, is making a strategic move as it invests to get a 45 percent stake in Globe Fintech Innovations Inc. to help accelerate financial inclusion in the Philippines.
French shipping line CMA CGM has signed a deal with Chinese e-commerce giant Alibaba on Tuesday, Feb. 14, joining Maersk line to help to provide online booking for shipment through Alibaba’s One Touch platform, according to an article by seatrade-maritime.com.
Alibaba is now selling lobsters from Nova Scotia on its e-commerce site as the Canadian province launched a pilot project to sell its best produce on Alibaba’s retail site Tmall, the Chronicle Herald reported.
Lenovo Group has tapped a former Samsung executive to head the product strategy and management of its Mobile Business Group (MBG), China Tech News reported.
Almost 7 million Chinese debtors were banned from taking flights and high-speed trains in the past four years as a penalty for not repaying their debts, China’s Supreme Court announced.
China has turned an ancient Song dynasty site into an exclusive enclave for its hedge fund managers, patterned after the famous Greenwich Village in Connecticut where Wall Street professionals, money managers and financial experts reside.
European ski companies have seen an opportunity for expansion in China where winter sports are gaining popularity as anticipation to the 2022 Winter Olympics to be held in Beijing. On Thursday, two French firms who headed to China confirmed securing deals with Chinese companies to build ski resorts in the country, Reuters reported.
Chinese companies keen to invest in Australia have taken on a new stance by playing down the "Chinese" element to assuage the concerns of people on Chinese acquisitions.
The world has witnessed the booming of China’s e-commerce industry in the past years, and tagged along with it is the promising growth of the courier service sector. But with their major contributions in the Chinese economy also comes the inevitable problem in handling the packaging waste these industries have been generating.
While e-commerce giants Alibaba Group Holding Ltd., and JD.com Inc., have pushed hard on imported goods, Red plans to set itself apart with a special focus on the community through user sharing.
Ancient Taiyuan County, which dates back to Ming Dynasty (A.D. 1368-1644), begins to take shape with efforts to restore relics to what they were like around 600 years ago.