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Business

Alibaba buys stake in Lazada for $1b

[2016-04-13 08:00]

Online shopping major has large and growing consumer base outside China

CRRC seeks more US railcar deals after landing Chicago order

[2016-04-13 08:00]

High-speed locomotives maker China Railway Rolling Stock Corp is eying contracts in more cities in the United States, including New York, Los Angeles and Philadelphia, after winning a $1.3 billion railcar deal in Chicago last month.

Robots take up role in equity investment

[2016-04-13 08:00]

It was difficult to imagine just 10 years ago how a robot could help you select projects instead of financial advisers when managing money, but nowadays artificial intelligence technology is being increasingly used in investment and wealth management services.

Blackmores downplays tax change on goods sold online

[2016-04-13 08:00]

The head of Blackmores Ltd, the Australian vitamin maker whose shares are heading for the steepest two-day drop since 1987, said investors are overreacting to China's tax changes on imported goods bought online.

Make wind power pledges more than hot air

[2016-04-13 08:00]

From excitement to a sort of disappointment, this all happened to me in a matter of just two weeks.

What's news

[2016-04-13 08:00]

Govts & policies

Shenyang company offers world's first smart machine tool

[2016-04-13 08:00]

Shenyang Machine Tool Co Ltd, China's leading manufacturer of numerical controlled machine tools and machinery equipment, has launched i5M8, the world's first integrated smart machine toolmaker.

Danfoss aims to double China sales by 2021

[2016-04-12 08:26]

Danfoss, the largest industrial group in Denmark, plans to double its sales in China over the next six years despite the country's economic slowdown, a top executive said.

Car sales zoom on tax reduction

[2016-04-12 08:26]

A tax reduction on smaller vehicles and the introduction of new models have helped a 6.8 percent growth in Chinese passenger vehicle sales in the first quarter of this year, compared with the same period in 2015, for a total of 5.64 million units, industry data showed on Monday.

Alibaba signs deal to develop rugby

[2016-04-12 08:26]

E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division - Alisports.

HNA extends M&A spree with Gategroup purchase

[2016-04-12 08:26]

China's HNA Group Co Ltd has agreed to buy Swiss airline catering firm Gategroup Holding AG for $1.5 billion in cash, as the aviation and shipping conglomerate steps up its global expansion.

Time for more honesty in the real estate market

[2016-04-12 08:26]

When I started my apartment hunting in Beijing last year, my agent at a top Chinese real estate brokerage with a transaction value of 700 billion yuan ($108 billion) in 2015, soon equipped me with an effective weapon - a friend of his, who pretended to be another potential buyer.

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