Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.
Officials say landmark project in Zhejiang is firmly on track
I joined the long lines of Chinese and foreign visitors at the Beijing Capital Museum over the weekend for a close look at the archaeological finds from the tomb of Haihun Marquis Liu He (92-59 BC), who has become a household name in just a few months since December, when archaeologists confirmed the identity of his tomb in Nanchang, capital of Jiangxi province.
The country's main finance houses are likely to focus on growing off-balance-sheet assets and increasing asset management activities, according to a report assessing China's asset management market.
Young Chinese are developing an appetite for affordable foreign brands even as fine jewelry reigns supreme
Smartphone maker moves swiftly to shore up vital market
Smartphone giant Xiaomi Corp is making its first investment in an Indian company, leading a $25 million cash injection into Hungama Digital Media Entertainment, an online provider of music and video content.
Chinese leading textile company Yong Sheng, a Hangzhou-based privately owned enterprise, has acquired French lace producer Desseilles Laces SAS, one of the oldest lace producers in the country, for 300,000 euros ($341,300).
China's largest beverage producer Hangzhou Wahaha Group Co Ltd is planning to set up a new factory to expand the production of industrial robots as part of a business transformation.
The Anbang Insurance-led consortium has blamed "various market considerations" for its failed attempt to buy Starwood Hotels & Resorts Worldwide Inc for $14 billion. Sour grapes?
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