I have harbored a long-standing distrust of taxi drivers, because when I was little my "tiger mother" told me traumatic stories about how young girls who got into strangers' cars ended up being kidnapped, losing a kidney, or even being killed.
Didi Kuaidi, China's largest mobile-based car-booking company, added a designated-driver service to its platform on Tuesday, a move that is expected to ignite fierce competition in the growing transportation service sector.
LME Clear, the clearing house for the London Metal Exchange market, said on Tuesday it would start accepting offshore renminbi as eligible cash collateral.
China's industrial profits dropped 0.3 percent in June from a year earlier, the worst in three months, indicating further deflationary pressures despite an alleviation in the debt servicing burden.
Total national energy consumption rose 0.7 percent in the first half of the year compared to last year, official figures showed on Monday, with a decline in coal use offset by increases in oil, natural gas and renewable power consumption.
A newly built Airbus 320aircraft took off from its factory in Toulouse, France, on July 3 bound for Kathmandu, the capital of Nepal-the first airplane of the fledgling Himalaya Airlines.
Huang Guangyu is pulling off a deal to consolidate control in China's second-biggest electronics retailer even while he is behind bars.
I have just spent four full days, including a weekend, at Peking University taking part in a business journalism course, which surprised many of my colleagues.
"the stock market during its recent slump included curbs on margin lending and a halt on initial public offerings. Right now investors are trying to reassess what this means for the brokers, and it is not clear if views were polarized between weighing the cost of intervention against the benefits for the markets."
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