Alibaba Group Holding Ltd said on Wednesday that it was setting up a new company to tap into China's multi-trillion-yuan sports market.
E-commerce giant Alibaba Group Holding Ltd has conceded the top slot in the Asian Internet market to rival Tencent Holdings Ltd after a slump in share prices sliced nearly $140.7 billion off its market value in the last 10 months.
Booming Chinese demand for foreign-produced vitamins and supplements has helped an Australian company triple its share price in the past year and prompted another to explore a possible sale.
France's EDF Energy has insisted it is still working well with its two Chinese partners on the Hinkley Point nuclear project in the United Kingdom, after separate reports in the British media suggested the two sides had hit problems on trashing out the terms of their shared investment.
Markets welcome move by the State Council to bring in transparency Z
Economic data points to a rough transition as the Chinese economy modernizes. Turmoil in the stock market and poorer-than-expected Purchasing Managers Index figures illustrate the challenges ahead.
There is increased pressure on companies to use new technology to provide customers with better products and services. It is hardly surprising then that many large organizations are struggling to compete against a new league of agile digital innovators.
China's agricultural production has undergone historic growth during the past 30 years.
People.cn Co Ltd, the online platform of the People's Daily's, has seen first-half revenue growth drop by 33.11 percentage points, after the suspension of its Internet lottery business.
Marriott International Inc, the United States hotel brand, is to allow the use of Alipay, the online payments service owned by Chinese e-commerce giant Alibaba Group Holding Ltd, at its hotels and resorts.
New figures from the Ministry of Commerce show that projects linked to the Belt and Road Initiative accounted for nearly half of all overseas deals by Chinese companies during the first seven months.
CEFC China Energy Company Ltd, considered the country's sixth-largest private company, has made its latest investment in the Czech Republic, taking a majority 59.97-percent stake for an undisclosed sum in SK Slavia Prague, one of the central European nation's oldest soccer clubs.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
