Final details of deal, which could be worth $1 billion, have yet to be hammered out
Chinese Internet giants Baidu Inc and LeEco Holdings Co Ltd are squaring up at the start of what could become a classic race to develop the world's first commercial self-driving vehicle.
The man who tracks the wealth of China's high-net-worth individuals believes the government's plan to build scores of new airports in the next five years will boost the country's business aviation sector.
UBS (China) Ltd, UBS AG's locally incorporated and wholly foreign-owned bank, has announced the opening of its Shanghai branch, which will focus on wealth preservation and succession planning services.
One does not need to bring along any cash to survive in Beijing for an entire day as long as he/she has a smartphone in the pocket, thanks to the quickly emerging mobile payment services. I tested this theory during a recent weekend.
Hunan Corun New Energy Co, which supplies batteries for Toyota Motor Corp's China-made hybrids, expects a sixfold jump in the number of vehicles it will equip next year with its own gasoline-electric systems as more automakers embrace the technology to meet a deadline for lowering fuel consumption.
Company 'proud to be part of China's growth story', says its chief
When AlphaGo defeated Lee Se-dol, one of the world's top Go players, 4:1 on Tuesday, China's artificial intelligence community decided it was time to take AI to the people. The people, in this case China's online community, have plenty of suggestions.
Beijing calls on Washington to handle the issue 'with discretion' to avoid harming growth of ties
China's largest lead-acid battery maker is planning to build a production base in Southeast Asia to expand exports amid rising costs in the world's second-largest economy, the company's chairman said.
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Raymond Zhou
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