US firm to work with Chinese company on project in Kenya
China is making good progress in the creation of a network of aviation training and maintenance facilities in Africa, being built in an effort to boost potential sales of the China-made aircraft, and help improve the continent's air transport sector.
Plane maker Bombardier Inc is close to sealing an order from a Chinese lessor for its CSeries aircraft.
China Electronics Corp, the nation's largest State-owned information technology company, is in preliminary talks to acquire United States-based Atmel Corp, according to industry sources.
Intel Corp has invested a total of $67 million in eight Chinese technology startups, in an effort to give it an edge, it said, in emerging sectors such as next-generation smart devices, robotics and cloud services.
Pressure exerted by the yuan's recent depreciation has almost subsided and the Chinese currency's value will stay stable even though the possibility of a United States Federal Reserve rate hike remains, according to China's foreign exchange regulator.
The slowdown in the Chinese automobile market, the world's largest, may be affecting the entire industry, but will hit German makers the hardest given their strong presence in the country, analysts said.
Extravagant mooncake gift-sets are ubiquitous for the Sept 27 Mid-Autumn Festival, brightening the glorious weather witnessed in Beijing and other places last week.
Officials have warned consumers to be vigilant about the safety of mooncakes bought from overseas on e-commerce platforms, ahead of the upcoming Mid-Autumn Festival.
China National Nuclear Corporation, one of China's largest nuclear operators, said on Wednesday that it is seeking deeper cooperation with other countries by localizing its homegrown nuclear technology.
A former Chinese vice-minister of commerce is predicting that China and the United States will reach a basic agreement on the long-awaited Bilateral Investment Treaty during President Xi Jinping's state visit to the US later this month.
Taiwan's leading technology company Inventec Corporation has joined hands with the mainland software services provider Kingsoft Co Ltd to roll out a new online English-to-Chinese and Chinese-to-English dictionary.
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Raymond Zhou
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