According to Italian media, Ma has offered $450 million for a 70% stake in AC Milan and its club owner Silvio Berlusconi is taking it seriously.
The minimal growth is primarily attributed to saturation in developed markets, as well as a decline in market leaders Apple and Samsung.
The People's Bank of China (PBOC), the country's central bank, has unveiled its prioritized tasks for 2016.
New age, new balance and new breakthroughs
Is China running out of policy options?
Hello Huawei, Xiaomi, bye-bye big brands
Opening-up the service sector key for reform
Market economy status not a bilateral negotiation
Alibaba needs to think big on world stage
How to balance welfare and economic growth
Official figures published by China's National Bureau of Statistics earlier this month suggested that the country's economy was off to a good start in the first quarter of 2016.
In the first three months, Sinopec saw its net profits (unaudited) grow 206.8 percent to reach 6.67 billion yuan ($1 billion), a huge improvement over an 84.6-percent drop logged in the same period last year.
My experience is technology, big money, plush ambience, stylish service and arty seasoning－cinnamon-sprinkled milky foam anyone?－do not necessarily guarantee a good coffee.
Boosted by the government's supportive policy and subsidy incentives, China has seen an explosive growth for clean-energy vehicles last year.
Chinese ride-hailing company Didi is eyeing an alliance with local peers abroad for its global expansion strategy, the company founder said Thursday.