Wednesday, 27th, 2024 | 9:41PM Updated

China is gearing up bullet train sales in other countries.
China’s Bullet Trains Now Running in Liaoning Province, Gearing Up for Global Sales

The national railway, China Railway Corporation, launched its first bullet train route in Liaoning Province last Monday.

China is facing a real estate crisis because of slow urbanization.
China’s Real Estate Market Plunges to Low Levels in 2016; Urbanization Becomes Stagnant

The real estate market in China, considered as one of the most important pillars of the country’s economy, is at a historic low.

Visitors view artworks at the National Art Museum of China on Dec. 9, 2008, in Beijing, China.
China's Art Market Gets a Reality Check

China’s ongoing supply-side reform has injected a much-needed dose of reality in the country’s hyped-up artwork market, according to experts.

A man walks down the stairs of the JD + milk tea shop.
Incubators Helping China's Young Entrepreneurs Develop Businesses in Hometowns

A number of incubators are providing young entrepreneurs, especially IT startups, with skills and training on how they can start and grow business in their hometowns, the Xinhua News Agency reported.

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A bank employee counts new 5-yuan (60 U.S. cents) bank notes in Beijing.
Chinese Investors Lose Millions to British Firm's Global Pyramid Scheme

A number of Chinese investors, many of them ordinary citizens, have lost millions of cash after being victimized by the pyramid scheme of British firms posing as foreign currency traders, according to Reuters.

Chinese mobile subscribers will experience cuts in their phone subscription.
Chinese Ministry Urges Cutting Mobile Phone Charges to Subscribers

China Mobile and China Telecom have announced that they will be cutting roaming charges

McDonald's has stopped using chicken injected with antibiotics in the U.S.
McDonald’s Continues to Use Antibiotic-injected Poultry in China Despite Use of Drug-free Poultry in the US

Questions were raised by consumers after McDonald’s announced that they will still be using poultry with antibiotics.

More Chinese consumers are buying Australian milk formula and other grocery items.
Chinese Consumers Heavily Buy Australian Food Online; Fear of Tainted Health Food on the Rise

Many Chinese consumers are looking for Australian food to order online because they fear that local health foods are tainted.

London's iconic back taxis line up the streets of London.
Britain’s Black Taxi to Be Resurrected by China’s Geely; Electric Taxis to Have Wifi and Wheelchair

Chinese manufacturer Geely reinvented the famous black taxi of Britain and will be launching mid next year.

Jack Ma is Alibaba's chief executive.
Alibaba Posts Big Earnings Growth

Chinese e-commerce giant Alibaba announced its biggest earnings to date and is expected to grow even bigger with its latest acquisitions.

Chengtong Holdings aims to raise funds to help reform state-owned enterprises like those in the steel industry.
Chengtong to Raise Funds to Speed Up China’s SOE Reform

State-owned assets operation and management group China Chengtong Holdings Group Ltd is planning on raising funding to help speed structural reform of China’s state-owned enterprises (SOEs), the group’s chairman Ma Zhengwu said in Beijing on Thursday.

An electric vehicle (EV) sports car made by startup Faraday Future on display at the Beijing International Automotive Exhibition in Beijing in April 2016.
EV Startup WM Motor to Take on Tesla in China’s Mass Market Electric Cars

WM Motor, an EV startup, is set to compete with Tesla Motors in the mass market for electric cars in China, according to an article published by Fortune.com.

An electric car gets served at the BYD Co. EV charging station at the company's headquarters in the Pingshan district of Shenzhen.
LeEco to Build $1.8b Electric Car Factory in China

Chinese tech company LeEco is planning to build an electric car factory, worth $1.8 billion, to be located in Zhejiang Province, which can produce 400,000 cars per year, and will also become part of a bigger $3 billion auto-related theme park, according to a report by Fortune.com.

China National Chemical Corporation made the biggest M&A deal with its $43-billion bid for Swiss seeds and pesticides group Syngenta AG.
Chinese Outbound Mergers, Acquisitions Reach Record High in First Six Months

Driven by the A-share market’s smooth performance and the rise of financial investors coming from state-owned enterprises and private companies, the outbound mergers and acquisitions saw a significant growth in the first half of 2016, a report from PricewaterhouseCoopers (PwC) said on Wednesday, Aug. 10.

Alibaba founder Jack Ma wants to establish a new online free trade platform for small businesses.
Alibaba’s Growth Skyrockets as China’s Consumers Increase Spending

Since Alibaba made its initial public offering (IPO), the company reported record-breaking and the fastest rate of revenue.

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