Wednesday, 27th, 2024 | 9:40PM Updated

State-run enterprises will have to deal with tighter regulations.
New Mergers and Acquisitions Rule Creates Tremors in the Business Sector

The Chinese government released new guidelines for mergers and acquisitions that make managers accountable for life.

Amazon China denies rumors that LeEco is buying them.
LeEco’s Business Model 'Unscrupulous'; Amazon China Not Up for Sale

The new Chinese tech company LeEco is spreading rumors of buying Amazon China to gain popularity for its upcoming event.

The AIIB is a multilateral financial institution led by China.
ADB Supports China’s Belt Road Initiative, Promotes Regional Integration in Central Asia

The initiative in Central Asia by the Asian Development Bank (A.D.B.) will be heightened as the bank collaborates with China in efforts in building the Belt Road.

A man emerges from a post office where a Postal Savings Bank of China branch offers remittance service.
Postal Savings Bank of China Raises $7.4 Billion in World’s Biggest IPO

State-run Postal Savings Bank of China Co. made the world’s biggest initial public offering (IPO) this year after it was able to raise $7.4 billion in its offering, the Wall Street Journal reported.

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Jack Ma speaks before delegates of the 13th China-ASEAN Expo & China-ASEAN Business and Investment Summit (CAEXPO & CABIS) at Nanning International Convention and Exhibition Center on Sept. 11, 2016.
Jack Ma Becomes New UN Adviser on Youth Entrepreneurship and Small Business

Alibaba Group founder and executive chairman Jack Ma has been appointed as special adviser on youth entrepreneurship and small business to the United Nations Conference on Trade and Development (UNCTAD), an article published by Variety.com reported.

A man fills a water tank for a cow at the Iowa State Fair on Aug. 6, 2014, in Des Moines, Iowa.
China to Reopen Beef Market to US Producers After 13-year Ban

American beef producers may soon get access to China for the first time in 13 years following the Chinese government’s decision to lift the ban on U.S. beef on Thursday.

Rodeo Drive is one of the iconic places in Beverly Hills.
Wanda Hotels Accused of Stopping Legislation in Beverly Hills

The richest man in China and its American subsidiary are being accused of stopping the legislation for the construction of a new hotel in Beverly Hills.

NYSE: AMD is losing its war with Nvidia
JP Morgan to Be Penalized by US Federal Reserve for China Hiring Case

The American Federal Reserve and the Office of the Comptroller of the Currency (O.C.C.) have plans to penalize JP Morgan.

A company sign is displayed outside Marriott's headquarters in Maryland, U.S.
Marriott's Deal to Buy Starwood Gets Nod of Chinese Antitrust Regulators

Marriott International Inc's deal to buy Starwood Hotels & Resorts Worldwide Inc has received the approval of Chinese antitrust regulators, which paved the way for the merger to become the world's largest hotel chain, Reuters reported.

Martha Stewart was in China to participate in Alibaba's super kitchen day.
American Household Mogul Martha Stewart Partners with Alibaba; Goes to China to Promote Products

Martha Stewart was in Shanghai this week to promote her line of kitchen goods and in a tie-up with Alibaba.

Lufthansa and Air China formalized a joint venture to increase China-Europe flights.
Lufthansa and Air China Formalize Joint Venture to Increase Routes to Europe

Lufthansa and Air China has made official a joint venture to increase flights to Europe and China.

A worker unloads a roll of steel sheet in Baosteel steel mill in Shanghai.
China’s Baosteel to Become World’s Second Largest Steelmaker After Takeover of Wuhan

China's Baoshan Iron and Steel (Baosteel) may soon become the second-largest steel producer in the world if the deal to acquire its rival Wuhan Iron and Steel, pushes through, as part of the country’s efforts to revive the ailing industry.

Alibaba founder Jack Ma
Alibaba Is Now Asia's Most Valuable Tech Company

Alibaba Group Holding is now the top Asian tech company in terms of value, surpassing rivals Tencent Holdings and China Mobile.

The ADB intends to improve China's connectivity to the Uyghur Autonomous Region.
ADB and China Improve Cooperation for Development

The Asian Development Bank (ADB) and China agree on increasing partnerships for the country’s development.

A clothes shop in Lijiang, Yunnan Province, displays a signboard telling customers that it accepts payments through Alipay.
Alibaba Using Subtle Strategy to Gain US Presence Through Alipay

Instead of going directly to e-commerce, Alibaba Group Ltd is trying a subtle strategy to gain presence overseas, particularly in the U.S. by enticing retailers to use Alipay, the International Business Times reported.

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