As hydropower opportunities decline in the country, China Three Gorges Corp. is mulling on branching out to other forms of new energy, particularly wind, nuclear and solar, according to an article by China Daily.
In a bid to push domestic consumption and put pressure on tax evaders, the Chinese government has started to curb on alleged “smugglers” carrying suitcases of luxury goods as well as raised fees on packages ordered and bought overseas, Shanghai Daily reported.
A G20 workshop held in Nanjing in eastern Jiangsu Province tackled co-op trade and investments in a global scale ahead of this year’s G20 Summit to be hosted by China.
Chinese smartphone maker Xiaomi has made its first investment outside of the country in an Indian company known for providing music and videos.
Experts are anticipating that there would be a change in China's agricultural landscape, where farmers shifting to more lucrative crops such as soybeans in response to the government's announced corn market reforms, Reuters reported.
China's vice minister of finance Shi Yaobin has fired back at rating agencies shortly after the latter downgraded the country's credit outlook.
Global carmakers are eager to grab a bigger slice of China’s hot crossover sales pie amid slowdown in the overall market.
Beijing-based Anbang Insurance Group has scrapped its plans to purchase Starwood Hotels & Resorts Worldwide Inc. for $14 billion, which would have been the largest acquisition of a U.S. firm by a buyer from China.
U.S. electric car maker Tesla Motors has presented to the public the long-awaited Model 3 at Tesla’s design studio in Hawthorne, California, on Thursday, March 31, with its sight set for the mass market in China. According to analysts, the success of the model is too early to predict.
In consideration of China's efforts for market-driven economic reforms and the importance of the China-EU relations, a global economic and policy analyst is urging the European Union (EU) to grant China market economy status (MES) as soon as possible, the Xinhua News Agency reported.
Companies selling helicopters in China are positive about the possible growth of the industry in the near future. At present, business is doing well, with buyers often choosing Bell helicopters.
Foxconn will acquire Sharp for $3.5 billion, a generous discount of $900 million based on previous talks.
An initial investment of 1 billion yuan ($154 million) was received by Cainiao Network, the logistics affiliate of Alibaba Group Holding, to get its logistics alliance ready for the expected surge of parcels, as the government expressed its support for rural and cross-border e-commerce, the company announced on Monday, March 28.
China’s Anbang Insurance Group on Tuesday said that it is well within the rules with its increased offer of $14 billion for Starwood Hotels & Resorts Worldwide, beating the latest bid from hotel chain Marriott International.
