Car2go, Daimler AG's car-sharing rental service, has made a strong start to its new operations in southwest China's Chongqing after launching in the city on April 15, its first service in Asia.
Google Inc unveiled its answer to Amazon's Alexa virtual assistant, along with new messaging and virtual reality products, at its annual I/O developer conference on Wednesday, doubling up on artificial intelligence and machine learning as the keys to its future.
German privately owned industrial company Freudenberg is looking at merger and acquisition opportunities in China in a bid to expand its product portfolio and diversify its business, a senior executive said on Wednesday.
Hong Kong's securities regulator says Chinese e-commerce giant Alibaba Group Holding Ltd breached takeover rules in the purchase of a healthcare firm in 2014. It says that is because it also bought a company owned by the brother of the healthcare firm's vice-chairman on "favorable terms".
Chinese mainland stocks traded in Hong Kong fell to the lowest level in more than two months amid concern potentially higher US interest rates will spur capital outflows and hurt the earnings outlook for airlines and property developers.
Jack Ma, chairman of Alibaba Group Holding Ltd, has canceled a speech at an anti-counterfeiting conference in the United States after the trade group behind it suspended the e-commerce giant's recently gained membership.
Fonterra, New Zealand's dairy cooperative and a leading dairy food services player in China, has launched its new brand, Anchor Food Professionals, in Shanghai, in a move designed to take advantage of a fast-expanding dairy market in the Chinese mainland, estimated to have an annual compound growth rate of more than 20 percent.
Bank of China Ltd says it is pushing to help small and medium-sized Chinese companies looking for market share, advanced technologies and management expertise overseas, in an initiative aimed at boosting cross-border investment and trade cooperation with their foreign counterparts.
ABB Group, the Swiss power and automation company, has pledged to produce more service robots in China to keep up with growing demand.
Shaanxi province, at the start of the ancient Silk Road in northwestern China, has been attracting billions of dollars worth of new investment, much of which is from South Korea, which top officials say is largely down to the country's pivotal role in the Belt and Road Initiative.
Sumavision Technologies Co Ltd, China's leading provider of video delivery, has invested $300,000 in France's VideoStitch, which is engaged in offering virtual reality video production solutions.
Anji Automotive Logistics Co, a unit of China's largest carmaker SAIC Motor Corp, has picked banks for an initial public offering that could raise at least $500 million, people with knowledge of the matter said.
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Raymond Zhou
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