Ford Motor Co. is reportedly in talks with partnering firm Changan Automobile Group for a manufacturing agreement in Chongqing as it eyes to make China its top market for its luxury line, Lincoln, according to Bloomberg.
Three of China's biggest firms--Baidu, JD.com and Tencent--are chipping in $50 million each as Bitauto Holdings recently announced a fundraising worth $300 million, TechCrunch reported.
For the first time, China will give the United States a 250 billion yuan ($38 billion) investment quota to buy Chinese stocks, bonds and other assets, the vice governor of China’s central bank said on Tuesday as part of the country’s efforts to spread the use of the yuan overseas.
Chinese Premier Li Keqiang believes his country is still one of the best places to invest in and vowed to create a fairer and more transparent market environment for foreign businesses.
Small Chinese brands are making big bucks in online selling as a surge of customers from the West appreciate innovative products promoted via the Internet.
A Shanghai-based construction and logistics company is buying a majority share in Frankfurt-Hahn Airport in an effort to boost tourism and trade.
China’s import and export growth based on the figures released by the General Administration of Customs (GAC) prove to be quite a puzzle as several media outlets interpret it differently amid the country’s economic slowdown.
Adidas will make 50 new shoes using plastic found in ocean trash. The German sports shoe and apparel giant's new running shoe is named Adidas x Parley and is made from plastic gathered from the Maldives in the Indian Ocean. The trainers also contain plastic from deep-sea fishing nets used to illegally catch fish by
China shows more love to Bitcoin thanks to its innovative payment system that presents a way to dodge the government’s corruption crackdown as the country experiences declining stock prices amid speculations of yuan devaluation.
Condiment giant Lee Kum Kee remains strong after being in the business for more than a century. The first half of the year found the firm getting recognized in an international food summit, making a multi-million dollar donation and sponsoring a huge food event.
For alleged design piracy issues, Jaguar Land Rover is suing Chinese automaker Jiangling Motor Co. Experts agree that this prompts all local firms to be mindful of intellectual property rights.
Haier Group has announced a new refrigerator plant in Russia as part of its localization efforts.
Watch out, Tesla and BMW, Volvo is sneaking in as one of the top automaker names in high-tech vehicles.
It seems that Walmart has a lot of catching up to do if it wants to become one of the prevailing forces in China's e-commerce space.
Two CEOs believe in the potential of AI and the industry might explode to a $70 billion industry by 2020.
