BYD Co, the Chinese automaker partially owned by Warren Buffett's Berkshire Hathaway Inc, is offering $400 million in new stock, according to a term sheet obtained by Bloomberg News.
The number of travelers from the Chinese mainland to Taiwan rose during the May Day break and visits to Hong Kong fell.
Chinese companies' financing costs are rising. Some financial experts said they should sell corporate bonds directly to residents and companies rather than to financial institutions.
The preliminary Purchasing Managers Index for Chinese manufacturing in May beat expectations with a five-month high, suggesting the world's second-largest economy is stabilizing.
Foreign drugmakers may face more scrutiny of their operations in the Chinese market after Switzerland-based pharmaceutical company Roche Holding AG said local authorities called on its offices in Hangzhou, Zhejiang province, on Wednesday.
Pact will give China a stable energy source and a stronger hand in talks with other suppliers, reports Du Juan
The People's Bank of China released detailed rules on Thursday for the free trade account system in the China (Shanghai) Pilot Free Trade Zone, a step in the process of financial reform that will make it easier to raise funds and invest across the border.
Both sides determined to surpass speed of US treaty negotiations
E-commerce to focus on retail, cross-border trade, service sector, commerce bureau says
Bright Food (Group) Co Ltd, China's second-largest food vendor, announced on Wednesday it is acquiring a majority stake in an Israeli counterpart, demonstrating its commitment to overseas expansion.
Chinese e-commerce company JD.com Inc has priced its initial public offering in the United States above the marketing range to raise $1.78 billion, suggesting strong demand for Chinese e-commerce companies as larger rival Alibaba Group Holding Inc prepares its own highly anticipated US debut.
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Op Rana
Berlin Fang
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Liu Shinan
