China's two largest trainmakers, CSR Corp and CNR Corp, inched one step closer to their impending merger after getting necessary approvals from overseas antitrust authorities, according to company announcements on Wednesday.
Inflation at the consumer level rebounded more than expected last month, lifted by a surge in food prices during Spring Festival, while industrial deflation accelerated, the National Bureau of Statistics said on Tuesday.
Fiscal deficit plans could put pressure on local government financing, reports Reuters.
Though Apple fans in China will have to wait another month to get hold of the latest Apple Watch, capital market investors on Tuesday made a beeline for the new shares issued by Lens Technology Co Ltd, a major Apple Inc supplier, on the Growth Enterprise Market board in Shenzhen.
Apple Inc's first wearable, the Apple Watch, is "exciting" yet "less appealing" to Chinese buyers, industry experts said on Tuesday.
Without the support of application developers, it is difficult for any smart gadget to survive. Fortunately, it may not be the case for the newly unveiled Apple Watch, at least in China.
China's auto sales accelerated in the first two months of this year, led by demand for sport utility vehicles and minivans.
Chinese fast-food-loving customers still have image problem with burger giant's products
DMG Entertainment's new partnership with United States-based comic book publisher Valiant Entertainment is a global marketing bonanza for the Beijing-based company, its chief executive officer said.
China will become the biggest generator of billionaires during the next decade, with a survey estimating that 154 new billionaires will emerge in the country.
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