China developed technologies like the QR code, WeChat, and Alipay and is seen to move further ahead as it becomes the world’s leader in technology.
Chinese trucks face a slow demand this year, according to the country’s top truck exporters.
Mainland state-owned enterprise (SOE) Qingdao West Coast Development Group Co Ltd bought Media Chinese International Ltd in Hong Kong, for HK$498 million or $64.2 million.
As the opening of the much-anticipated 2016 Rio de Janeiro Olympics gets closer, Chinese manufacturers are reportedly having a hard time getting Olympic merchandise delivered into the country.
BYD is strengthening its presence in the Brazilian market. The Chinese automaker eyes to deepen its ties with Correios, the region's largest postal service firm.
The Shanghai Food and Drug Administration is requiring all food establishments with online ordering facilities to post their operating license on their websites.
The second largest economy in the world has the most number of transactions online. A survey revealed that e-commerce sales in 2015 amounted to $634 billion.
With the recent sale of Uber’s Chinese operations to Didi Chuxing, experts observed that many U.S. companies have tried to penetrate the market but failed.
After long negotiations with Didi, Uber has finally surrendered to the Chinese transport giant.
Uber has reportedly spent $500 million on a new mapping project so the ride-sharing company can free itself from Google Maps. The company announced that the new project involves mapping cars that collect street images to improve the experience of Uber customers. Its mapping system would especially help foreign customers because Uber drivers often have had to call people who ordered the taxi service, to get their exact location.
Alibaba founder and CEO Jack Ma, through Ant Financial, will start using blockchain technology used in Bitcoins to record donations and improve the accountability of Chinese organizations engaged in philanthropy, Bloomberg reported.
China’s state-owned energy companies, led by China Petroleum & Chemical Corp. (Sinopec), are investing billions of dollars to extract gas from shale, in a bid to double the country’s gas production in five years, the Wall Street Journal reported.
The Chinese Customer Service Index for 2016 was recently released by research firm J.D. Power stating that car buyers' satisfaction declined in the past 12 months amid the sales growth in the automotive industry in China.
Despite their immense popularity, ride-sharing services like Uber and Didi Chunxing are actually illegal in china. Until now.
A conglomerate of the Indian government is building a transshipment port in Vizhinjam built by the Adani Group. The construction costs $240 million.
