Officials say $16.3b will be raised to improve links with foreign markets
Qatar's sovereign wealth fund has joined hands with Chinese investment conglomerate CITIC Group to set up a $10 billion fund that will scout for deals in China, even as the Gulf state's investment arm looks to further expand its presence in Asia, the Qatar Investment Authority revealed on Tuesday.
Honoring his years of contribution to China's economy and society, Frank Deiss, president and CEO of Beijing Benz Automotive Co Ltd, has earned the country's highest award for international experts - the Friendship Award.
Efforts to cut smog come as iron ore prices decline on weakening demand
Xiaomi Corp is in talks for a funding round that values the smartphone maker at about $40 billion to $50 billion, people familiar with the matter said.
Macao's casino revenue plunged by the most since the city started monthly records in 2005, as the Chinese mainland's crusade against corruption prompted gamblers to cut back on spending.
Top expert says 'Occupy Central' is negative factor for cross-border trading program
The renminbi could become convertible under the capital account "within a three-year time frame", said a Chinese scholar with an official background.
Exporters make tough switch from original equipment manufacturers to makers of recognized products, reports Xu Wei.
Analysts expect Sony Corp to continue to have a strong presence in China's smartphone market, despite its announcement last week of plans to reduce its exposure to the world's largest handset market by cutting jobs.
Mayor says Pearl River hub begins slower but more sustainable expansion to move up the tech ladder
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