Monday, 19th, 2018 | 11:03PM Updated

Ctrip Headquarters
Ctrip Posts 46% Growth in Net Revenue in First Quarter

Ctrip.com International Ltd. saw a 46 percent growth to 6.1 billion yuan ($884 million) in net revenues in the first quarter, according to the online service provider’s unaudited financial report released on Wednesday, May 10.

China's Cement Supply
China Cement Giant Benefits from Silk Road Projects, Plans Expansion

China National Building Material Group (CNBM), the biggest cement maker in the country, is taking advantage of business opportunities presented by the “Belt and Road” initiative, which spurred infrastructure boom in the region, Song Zhiping, the company chairman, said in a Bloomberg Television interview in Zhuzhou, Hunan Province.

SoftBank is helmed by CEO and founder Masayoshi Son.
Japanese Mobile Giant Softbank's Net Profit Triples, Hits Over 1 Trillion Mark

SoftBank announced that its net profit has reached the one trillion mark. This figure is three times higher than last year's.

China's Economy and Exports
China’s Economy Sees Improvement Amid Market Concerns: Goldman Sachs

China’s economy has obviously improved, with strong performance posted in the first three months of the year, amid concerns over market volatility, according to Goldman Sachs.

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Japan's FamilyMart
Japan's FamilyMart Plans to Partner with China's CITIC and Thailand's CP Group

Japan's FamilyMart UNY Holdings is considering a partnership with China's CITIC Ltd. and Thailand's CP Group.

Housing Projects in China
How China Managed Its Housing Bubble

China has used various measures to manage its unstable housing market and prevent the bubble to burst, according to an article on Forbes.

Australia Craft Beer
China’s Beer Market Opens Door to Australian Beer Company

China’s lucrative beer market has opened its doors to one of Australia’s most popular beer brands. The company announced on Friday, May 5, that they will be selling their products in China soon, the Xinhua News Agency reported.

Hebei's Xiongan
'Steady' Planning Needed for Hebei’s Xiongan: Vice Premier

Chinese Vice Premier Zhang Gaoli stressed that a “steady planning” is necessary for the new economic zone in Hebei’s Xiongan.

China's Migrant Workers
China's Aging Migrant Workforce Working More in Stores Rather than Assembly Lines: State Report

An increasing number of China’s migrant workers are working closer to home rather than travel across the country to work in factories in prosperous towns and cities, Bloomberg reported.

The Cheesegrater is located at 122 Leadenhall Street in London City.
Chinese Realty CC Land Buys The Cheesegrater, London's Tallest Skyscraper

CC Land has purchased London's tallest skyscraper. Called the Cheesegrater, the 46-storey building stands 225 meters high.

Norwegian Joy
NCLH Partners with Alibaba to Increase Awareness of Cruising in China

NCLH formed a partnership with Alibaba Group to increase the awareness of cruising in the country.

An employee shows a golden panda ingot at a gold store on Aug. 23, 2011 in Hangzhou, Zhejiang Province of China.
China’s Demand for Gold Bars and Coins Skyrockets in First Quarter

The demand for gold bars and coins in China rose 30 percent year-over-year to 105.9 metric tons in the first quarter of this year, the fourth strongest on record, according to a report published by the World Gold Council (WGC) on Thursday.

Sinopec Station
China’s Energy Markets to Open as Sinopec Moves for Overseas Listing of Marketing Unit

China’s energy markets are expected to open further following an announcement by Sinopec, the listed arm of China Petrochemical Corporation known as Sinopec Group, on Thursday, April 27, that it plans to initially approve the overseas listing of its marketing arm, Sinopec Marketing Co. Ltd.

Mobile Payment in China
Tencent Grabbing Market Share from Alibaba in China’s $5.5 Trillion Mobile Payments Market

Tencent has taken more than one-third of China's $5.5 trillion mobile payment markets, beating rival Alibaba whose shares had fallen to nearly half last year, according to the Financial Times.

Toys
Toys 'R' Us to Open More Stores in China

Toys ‘R’ Us sees China as its fastest growing market and has announced the opening of 30 to 40 stores in the country per year.

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