China is currently experiencing an economic slowdown following years of breakneck pace in expansion. Yet the country's increase in its 2016 GDP is still enough to fit Indonesia's entire GDP and that of other G-20 countries.
Chinese e-commerce titan Alibaba is set to welcome the Year of the Rooster with a bang as it raises its revenue outlook for fiscal year 2017.
While Trump pulled the U.S. out of the Trans-Pacific Partnership (TPP), China is setting its sights to replace America in its role as the global economic leadership. But experts and analysts say that China is still far from qualified to fill in the shoes.
Chinese tech giants Tencent Holdings Ltd and Alibaba Group Holding Ltd led other Chinese listed Internet companies as the biggest, with more than 50 percent of the market share, according to the report by China Internet Network Information Center (CNNIC), the country’s online industry administrator.
Earlier this month, Alibaba founder and executive chairman Jack Ma made a promise to create one million jobs in the U.S. during a meeting with President-elect Donald Trump.
Retail sales of consumer goods in China rose 10.4 percent year-on-year in 2016, the same as the growth in the first three quarters, according to government data released on Friday, Jan. 18.
Chinese regulators have set a new requirement for banks that move renminbi out of the country by taking advantage of the few loopholes in the new capital controls regulation.
China is boosting deep-sea exploration capabilities with a new manned submersible that could reach the majority of seabeds in the world.
Hong Kong's flag carrier Cathay Pacific will slash its workforce as it tries to grapple with disappointing profits.
There’s no place like home. Despite business owners offering triple pay for staff working this Spring Festival, many workers still planned to go home.
While the new U.S. President has put Canada in quite a difficult position, Canada’s International Trade Minister says that “sitting down with China is the right thing to do” as it seeks to open its borders to more trade. If successful, enhanced economic relations will be an unprecedented move in China-Canada relations.
There’s a new U.S. President in town, and China is hoping that it would still be “business as usual” under the Trump administration. At this point, no one is sure how President Trump would be dealing with the very delicate relations between the two countries.
As the smartphone market becomes more competitive, local brands are increasing their retail prices. The increase in prices is mainly due to the rising cost of components and the pressure of increasing profits.
“Who’s had your back this past year?” The world-renowned beer brand has just released an ad in the country just in time for the Chinese New Year, one that celebrates the people behind our victories.
