Despite China's cooling economy, the enthusiasm of the world's top 500 firms for setting up new business in the nation shows no signs of abating.
Adventure sports continue to be the top draw for young, wealthy Chinese entrepreneurs with a growing number of them preferring it over riding or sailing, a new report said.
China COSCO Shipping Group Co, the country's newly combined and largest shipping company by capacity, has offered 700 million euros ($762 million) and become the sole bidder for a majority stake in Piraeus Port Authority SA, the largest port in Greece after waiting for nearly 18 months.
Last summer, Shanghai was constantly blighted by pouring rain, blocking some parts of the city. A taxi-hailing company came up with advertisements on social media applications which claimed that consumers could book boats from them. There were even pictures showing the locations of the available boats. However, this was nothing more than a practical joke.
More than 100 million residents from 124 cities in 19 provinces are now using Alipay, e-commerce giant Alibaba Group Holding Ltd's mobile payment unit, to handle social services and public-sector transactions.
Handling challenges through change is key to success, says BT Global chief
General Electric Co announced on Wednesday it will move its headquarters to Boston, leaving the sprawling suburban Connecticut campus it has called home over the past four decades for a technology-rich city it says better fits its ambitions as an innovation leader.
Project to be three times bigger than Hong Kong version, say company officials
China United Network Communications Group Co Ltd and China Telecommunications Corp inked a strategic resource-sharing deal on Wednesday, dispelling rumors of a possible merger between the two firms.
GAC Group has become a strategic investor in Uber Technologies Inc's China operations, a move that both sides believe will help boost the car-hailing service provider's presence and increase sales for the Guangzhou, Guangdong-based carmaker.
Share prices slumped on Wednesday to the lowest since the market rout in August as the better-than-expected trade data failed to boost investor sentiment.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
