China COSCO Shipping Corp Ltd, now the world's largest bulk vessel and oil tanker operator by fleet size, is to deploy more resources to six new businesses, Chairman Xu Lirong said on Thursday.
Apple Inc launched its mobile payment service Apple Pay in the Chinese mainland on Thursday, pitting itself against strong domestic rivals.
Fast-food retailers McDonald's Corp and KFC are among the first group of merchants in the Chinese mainland to use Apple Pay, the smartphone-based payment system launched in the country, on Thursday.
Commercial banks in China are increasingly turning to data collected via mobile payment technology to assess future customer needs, according to the findings of a new study.
On Feb 7, I drove nearly 1,000 kilometers home so as not to miss the chance of spending the most important family reunion occasion of the year - Spring Festival, which started the following day - at my home village in the southwest of Henan province in Central China.
China has expressed its concern over a raid by Spanish law enforcement officers on the Madrid branch of Industrial and Commercial Bank of China Ltd as part of an investigation into alleged money laundering.
Closures are first in production base in more than five decades
China's top economic planner inked an agreement with Alibaba Group Holding Ltd on Wednesday to develop rural e-commerce, as part of its broad plan to alleviate rural poverty and boost employment as the country's economy slows down.
China's outbound direct investment in overseas manufacturing sectors surged dramatically in January, highlighting the shift of Chinese capital into technology-intensive projects from traditional energy- and resource-focused ones, official data showed on Wednesday.
Lyft Inc, the online ride-hailing and sharing service provider, is looking to leverage its alliance with China's largest player in the fast-expanding sector, in an effort to become a dominant force in the United States within two years.
The best way of getting your firm's name in lights, is to be inducted into what I'd like to call the Verbal Hall of Fame.
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Raymond Zhou
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