China’s growing food delivery market has hit a snag after the country’s state broadcaster aired a scathing report against the industry’s biggest player.
The administrator for Shanghai’s pilot free trade zone is setting up a demonstration area to help improve the services of cross-border e-commerce firms, Shanghai Daily reported.
New Zealand is happy with its Chinese business partner for developing a signature hotel in Auckland’s Wynyard Quarter to be erected in 2018.
Car makers and energy firms are replacing copper with aluminum in their products after seeing how much they would save with the innovation.
Chinese telecommunications company ZTE Corp. plans to appeal U.S. export restrictions that took effect last week after lobbying efforts have been unsuccessful.
China plans to establish a company that will develop rockets and provide launches for commercial clients, a scientist working for a state-owned space technology enterprise said on Tuesday, March 15.
Big city dwellers aren’t the only ones experiencing a travel rush. According to several industry experts and travel agencies, people from the second- and third-tier Chinese cities have been infected with wanderlust, China Daily reported.
Cainiao, logistics arm of Alibaba Group Holding Ltd., has received funding from investors in Malaysia and Singapore, including Temasek Holdings Pte, in its first round of external fundraising. It intends to use the fund to bankroll expansion, China Daily reported.
Fourth Academy of China Aerospace Science and Industry Corp., the country's biggest missile manufacturer, unveiled plans to expand operations into the international commercial launch market, a senior rocket designer told China Daily.
CSR Sifang America, a subsidiary of China Railway Rolling Stock Corp. (CRRC), got a $1.3 billion contract to supply the Chicago Transit Authority (CTA) with 846 railcars, considered to be the biggest train order in the city's history.
Malaysia's Department of Environment has approved the construction and reclamation of a luxury housing project that is being built on an artificial island in the Johor Strait. The project is being invested in by Yang Guoqiang, a Chinese developer, reported People's Daily Online.
The State Administration of Press, Publication, Radio, Film and Television (SAPPRFT) cited a government catalogue that bans foreign investment in online publications in order to justify recent disputes regarding a new regulation. The list also includes other industries, including books, newspapers, magazines, digital publications and audiovisual products.
KFC has opened a branch in the Tibet Autonomous Region, which is over 500 square meters big and expected to serve an average of 1,000 customers on usual days. The branch employs 40 employees, half of which are from Tibet, including eight ethnic Tibetans.
China’s high-speed trainmakers continue to treat workers and employees as valuable human resources, even breaking gender barriers, amid overcapacity and weak market demand affecting many sectors that led to layoffs.
Philips Lighting Holding BV, a Royal Philips company, is set to further step up its research and development (R&D) pace in China to compete with other established rivals in the next five years, China Daily reported.
