Saudi Arabia has agreed to build unmanned aerial vehicles (UAVs) for China after the signing of a partnership agreement on March 16 between Saudi Arabia's King Abdulaziz City for Science and Technology (KACST) and the China Aerospace Science and Technology Corporation (CASC), IHS Jane’s Defense Weekly reported.
Airbnb China has rebranded itself as Aibiying. The move was done for the company to cater to Chinese millennials.
Andrew Ng’s resignation as Baidu AI chief may come as a surprise for China’s tech titans but on the day the news came, the three tech giants--Baidu, Alibaba and Tencent--known as China tech trinity, reported a 48 percent increase in their full year revenues.
Australian Prime Minister Malcolm Turnbull has called on China to continue with significant reforms in the economy, as he highlighted Australia’s strong ties with China and the achievement of the China-Australia free trade agreement (ChAFTA).
Alibaba’s popular shopping site Taobao is now directly linked to shoppers in Singapore through online retailer Lazada’s website, taobao.lazada.sg, a step ahead of U.S. rival Amazon.
Plenty of Chinese people are struggling to meet monthly mortgage payments as China’s home market continue to bubble, an article by Bloomberg reported.
Chinese carmaker Geely is poised to hit record-breaking earnings for 2016. The increase can be attributed to the sales of its Volvo units.
The National SMEs Fund leads $18 million series round in Tianyancha, a Beijing-based business data and investigation platform.
Hebei’s economic planner has announced approval of the 42.4-billion yuan ($8 billion) project proposed by China’s biggest steelmaker, Hebei Steel Group, which aims to reduce its steel overcapacity by nearly 2 million tons and upgrade old technology.
A group of American businessmen has called on the Chinese government to ease import restrictions on agricultural goods and biotechnology products including genetically modified seeds, the San Francisco Chronicle reported.
China Unicom had a net profit of 630 million yuan, a 94.1 percent year-on-year decrease.
China will publish this year the rules on outbound investments, specifying the sectors where Chinese firms are encouraged to invest and sectors that are restricted, Chinese state media reported on Tuesday, March 21.
Bosch GmbH, the German mobility, industry and software conglomerate, is planning to develop solutions for Internet of Things (IoT) as well as set up new Bosch plants in China this year, Bosch chairman Volkmar Denner announced on Monday, March 20.
Xiao, who just attended the G20 Summit last week, says that policy uncertainties and the rise of protectionism can hinder global economic growth.
According to Linklaters, Chinese acquirers see a collapse of deals due to the scrutiny of outbound investments.
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.