China Mobile Ltd saw its data traffic more than double in the first half of the year, as the world's biggest phone company by number of users shifts focus from voice and message services to data services.
The long-awaited deal between Apple Inc and China Mobile Ltd might be announced soon, after China Mobile's Chairman Xi Guohua said that both sides have shown "a positive attitude" in the ongoing talks to launch an iPhone that can run on China Mobile's network.
China's first investment fund targeting the public rental housing market while retaining equity ownership will be launched in Shanghai's Hongkou district. It could be converted into a real estate investment trust to trade publicly when the regulatory environment allows, sources said.
Not all of the business activities of China National Petroleum Corp in Chad have been suspended after a crude oil spill incident that it is cleaning up while negotiating with the government, said a source in the State-owned oil company.
In the world of the "Big Six" agriculture-chemical companies, marketing a product is like trying to find shelf space in the cereal aisle dominated by a handful of brand names, but that's what Chinese pesticide producers are looking to do.
China's regulators are supporting the development of new forms of online finance - within certain limits - as traditional banks watch the encroachment of revenue-hungry Internet companies onto their turf.
Buying struggling BlackBerry Ltd would help a Chinese smartphone vendor to build a stronger global presence in the short term, analysts said on Wednesday, adding Lenovo Group Ltd and Huawei Technologies Co Ltd could be the top bidders for the Canadian company.
Tencent Holdings Ltd, China's biggest Internet company, reported lower-than-expected second-quarter results on Wednesday as higher marketing costs for its fledgling messaging and social media app WeChat eroded earnings.
Editor's Note: Cautiously optimistic, that can be the description of the economists' general feedback on the latest data about China's economic performance, at least according to the views that China Daily has collected here.
The planned expansion of Tesla Motors Inc into the local market is being blocked by a Chinese person that currently holds its trademark, according to US media.
In what is being called a landmark ruling for intellectual property nationwide, a Shanghai court recently issued the country's first ban on the circulation of trade secrets, according to the report from Legal Daily.
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Raymond Zhou
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Chen Weihua
