Apple Inc has shipped the most number of smartphones in China in the fourth quarter, overtaking Samsung Electronics Co Ltd and homegrown companies such as Xiaomi for the first time.
China added a record 17 million new cars on the road in 2014 as car ownership reaches 154 million, said the Ministry of Public Security on Tuesday.
China's Ping An Life Insurance has acquired the Tower Place landmark building in London, adding another landmark site that the company has purchased after it bought the Lloyds of London building.
Jack Ma, founder of China's e-commerce giant Alibaba Group, spoke candidly about his life experiences and his confidence in China despite the slowing economy on Friday at Davos.
Zhejinag Sunon Group Co Ltd recently unveiled a wireless charging desk in Hangzhou, East China's Zhejiang province.
Hutchison Whampoa Ltd, the conglomerate controlled by Hong Kong's billionaire Li Ka-shing, is poised to reach a deal to buy UK's second-largest mobile operator, O2, for more than 10 billion pounds.
Huawei CEO clears the mystery surrounding him by saying at the Davos forum that he only owns about 1.4 percent share in the company.
Multinational companies' increased interest in the Chinese market and the rapid expansion of domestic companies will boost job prospects and salaries in the country this year.
Although no ground was broken on new nuclear plants in 2014, experts believe this year will be a crucial one, with several new projects expected to begin construction.
China's national home sales in December recorded a surge over the previous month, wrapping up 2014 with the second-highest sales volume in years.
Sales of luxury goods slowed in China during 2014, with the growth rate falling for the first time amid slowing economic expansion and brand proliferation, a new study said.
Chinese banks will face rising pressure from bad loans, narrowing of net interest margins and financial disintermediation due to reforms and slowdown.
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Raymond Zhou
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