Chinese state-owned telecommunications company, China Mobile, posted operating revenue that reached 708.4 billion yuan in 2016, an increase of 6 percent year-on-year, according to chinatechnews.com.
The U.S. government has launched an extensive investigation Wednesday, April 19, to determine if steel imports, including those from China, threaten national security, the USA Today reported.
China’s policies on new energy vehicles (NEV) have compelled Toyota to reverse its plan to introduce its own hybrid and hydrogen cars to China but instead will sell plug-in electric hybrid cars next year and an all-electric battery car in the future, Business Insider reported.
Several companies selling imported cosmetics and skincare products, especially foreign brands, are confused about the Chinese government’s requirements to have their products tested on animals.
China has become the largest e-commerce market in the world, with the middle-income consumers as the sector’s emerging market.
French luxury fashion house Longchamp intends to open more stores in China, aiming to expand its presence.
Australia is getting more from its relationship with China than with India, according to James Laurenceson, professor and deputy director of the Australia-China Relations Institute at the University of Technology in Sydney.
Alibaba’s Alipay plans to expand its business to more Asian mobile payment users through a merger with Lazada’s HelloPay.
Following the withdrawal of the U.S. from the Trans-Pacific Partnership (TPP), Japanese leaders have found a way to gain greater dominance than China through a reformulated Pacific Rim trade liberalization pact, Forbes reported.
Due to the strong momentum of the Chinese economy last year, the International Monetary Fund (IMF) has raised its growth forecast for China’s economy in the next two years, the Xinhua News Agency reported.
Alibaba is continuing its intensified efforts to crack down on counterfeits. In a recent move, the e-commerce firm has taken down fake cigarette tax stamp ads that appear on its websites.
Positive figures from China’s economic data may help boost the Australian Stock Exchange (ASX), although commodities are expected to open at a low level, the Australian Financial Review said.
China’s Bright Food gave up Weetabix after the British breakfast cereal failed to satisfy the taste of Chinese consumers.
China’s oil market is attracting more suppliers vying to get a share in the growing market, as OPEC’s decision to cut production has opened doors for other suppliers to join in and compete.
The latest data from the U.S. Treasury Department showed on Monday, April 17, that China increased its U.S. Treasury securities stocks in February, after reducing it to $7.3 billion in the previous month.
