Alibaba Group Holding Ltd's financial affiliate is in talks to invest in Chinese business magazine publisher Caixin Media Co as billionaire founder Jack Ma expands his media interests, according to two people familiar with the matter.
Initiative includes building e-commerce service center network in the province
The Hershey Company, the United States confectionary giant, has been treating thousands of disadvantaged children living in public welfare centers across China to free chocolates.
China Women's Development Foundation and Uber China have launched a joint initiative to encourage more women to work.
Effects of down payment easing, lower transaction costs show in February realty data
Businessmen from Wenzhou, Zhejiang province, among the China's wealthiest and also big-time property investors since 2000, appear to be not unduly excited by signs of incipient recovery in the housing sector in January.
Property stocks rallied on Tuesday as developers are likely to benefit from the additional liquidity released from the reduction in the banks' reserve requirement ratios by the Chinese central bank.
Despite booming real estate prices in Beijing, Wang Ke, a 32-year-old bank clerk, recently bought a 98-square-meter flat off the Third Ring Road.
Car-hailing company has been losing ground to Didi Kuaidi as sector gets locked into price war
Beijing Utour International Travel Service Co, one of China's top outbound travel agencies, announced on Monday it is buying 100 percent of the wholesale travel operator Huayuan MNB for 2.6 billion yuan($397.5million).
China Life Insurance Co Ltd gained 3.97 percent to close at 20.67 yuan ($3.16) per share on Tuesday, following an agreement to buy a 23.686 percent stake in China Guangfa Bank Co Ltd.
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Raymond Zhou
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