The new joint venture between Tsinghua and HP will become the second-largest enterprise hardware provider in China after Huawei Technologies.
China will likely take a 25-30 percent stake in the Asian Infrastructure Investment Bank and India is likely to be the second-largest shareholder.
Mergers among China central SOEs will be fast tracked as govt overhauls the underperforming sector to deepen economic reforms.
Improving sales but still weak construction
Finding a way out of local debt
Chinese brands in the driving seat
Expect further monetary easing
Days of high profit growth are over
Support builds up for crucial renminbi move
Policy support to be stepped up further
Tourism exchange and cooperation was at the center of a memorandum signed between Chinese provinces and Italian regions on Friday here at the China Pavilion of Expo Milano 2015.
The Chinese appliance company Gree introduced its latest zero-energy consumption air conditioner model to the Brazilian market Thursday.
China Railway Construction Corp is expected to receive a compensation of $1.31 million after a high-speed rail project it won in a bidding process in Mexico last year was suspended for four months.
Didi Kuaidi, China's largest taxi-hailing app provider by market share, said on Friday that it expects to serve 30 million people a day in three years.
Charles Phillips, chief executive officer of the New York-based Infor, said that his company is at a critical point in its development as it seeks ways to sustain growth.