Experts expressed relief after the yuan showed stability and appreciated as a result of the government's financial reforms.
Didi Chuxing co-founder and chief executive Cheng Wei becomes the fastest growing business mogul in China after his company finally defeated the cab-hailing platform giant Uber, bringing the Chinese company’s value to $35 billion.
Nervana Systems, which is a start-up and is considered to be a leader in developing machine learning technology is all set to complete its acquisition by the IT giant Intel. Intel's artificial intelligence innovations are expected to capture the market with this acquisition.
Totwoo launched its smart jewelry line on JD.com in late July.
China will be cutting down on imports of corn and feed grains as Beijing increases the amount auctioned from state reserves and domestic prices dropping to a decade low, according to analysts.
An organization is calling for greater participation of women in the workforce around the world during the G(irls) 20 summit held in Beijing on Tuesday, Aug. 9, China Daily reported.
Basketball superstar Yao Ming unleashed the business-minded man inside him after retiring from the NBA and his professional athlete life.
Apple released its new $399 iPhone SE in March 2016, which included the internal hardware of the iPhone 6s and the smaller body of the iPhone 5s released three years ago. The latest iPhone is also over 60 percent cheaper than the $649 iPhone 6s. A recent study by market research firm Kantar shows the SE is a big hit in the United States and Europe.
Weibo Corp’s net profit increased more than fivefold in the second quarter, attributed mainly to its strong advertising revenue as it expects a better financial performance in the third quarter, China Daily reported.
Alibaba, Walt Disney and Nvidia are the top three firms leading the latest investment action plan released by investors.com. Alibaba is expected to report a 47 percent revenue increase.
China’s jade and redwood traders are seeking to diversify their business as domestic demand drops and the Myanmar’s new government tightening its grip over natural resources.
The Ministry of Commerce (MOFCOM) revealed recently that Didi Chuxing did not seek approval from the government regarding their merger with Grab China.
A local Chinese food manufacturer recently obtained his New York City license to operate a store to sell baozi, or steamed buns stuffed with meat.
Ducati Motor Holding SpA and Harley-Davidson Inc. are adding less powerful and lighter models to their product line to cater to new bike riders and women.
The Gezhouba Group is proceeding with the construction of a hydro-powered plant in Savarane Province in Laos according to a statement released last week.
