Shanghai index surges 3% after rate cut
2015-05-11 15:56:13
Chinese stocks rallied the most in three months after the central bank announced a 25 basis points cut on benchmark interest rate.
Maker of drones gets $75M boost
2015-05-11 03:46:40
Chinese drone maker SZ DJI Technology Co Ltd dominates the world's low-end commercial market for drones, and the recent investment the company received reportedly values it at about $8 billion.
China Telecom launches mobile service in the US
2015-05-11 00:49:25
Vice-President of Plintron Americas Richard Pelly, Commercial Consul from Chinese Consulate General in Los Angeles Liu Haiyan, Vice-President of China Telecom Global Ou Yan, President of World Trade Center Los Angeles Stephen Cheung, and President of AVIC International USA and President of Los Angeles Chinese Enterprise Council Zhang Xuming celebrate China Telecom Americas' launching of its mobile service in the US on May 8. The new service, titled CTExcel, enables China Telecom Americas to become the first Chinese mobile virtual network operator in the US.
Chinese investors get tips on investing in US
2015-05-09 05:23:55
Chinese investors looking to do business in the United States need to "approach carefully" and keep in mind winning over local and state governments to succeed, said Jeff Shafer.
Funds pour in as Yao Ming turns to crowdfunding for winery
2015-05-09 10:54:08
Former National Basketball Association star Yao Ming is within reach of his goal to get $3 million from crowdfunding to expand his wine business.
Hershey sweetens China lineup with Brookside candies
2015-05-09 10:18:39
Undaunted by the sluggish sales during the first three months of the year, the Hershey Co remains confident of ending the year on a solid note with a slew of new product launches.
China doubles tax rate for cigarettes to 11%
2015-05-08 17:44:19
China raised the consumption tax on cigarettes from five percent to 11 percent, announced the Ministry of Finance in a statement on Friday.
A-share losing streak signals rising volatility: Analysts
2015-05-08 16:10:33
Whether recent market performance marks the beginning of the end or the end of the beginning of a long bull is a question among A-share investors.
Buoyant vessel builders on crest of a wave
2015-05-07 07:29:32
Demand for patrol boats increased by around 30 percent in 2014, and is expected to rise around the same this year in China.
Third day of decline for Chinese stocks
2015-05-07 16:26:42
Chinese stocks tumbled for a third day from seven-year highs as rumors that the government will rein in margin trading sparked concerns.
Rolling stock company forges ahead in Russia
2015-05-06 07:26:02
Manufacturers are bullish after a Chinese company wins the bid for a high-speed rail project linking Moscow to Kazan in Russia.
Right balance needed between traditional and online taxi firms
2015-05-06 10:17:03
Instead of throwing cold water on Internet-based innovative companies, the regulators should help them address their operational irregularities.