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The other side of tourism's golden promise

[2016-06-04 07:18]

Several tourists excitedly hold their selfie sticks to take pictures. A young couple anxiously queue up for fried chicken chop and iced milk tea. A few cyclists ring their bells and shout "Out of the way, please", trying to get through the crowds.

ADB focusing as know-how provider

[2016-06-03 08:13]

How can an international organization with limited resources stay relevant in a vast country awash with money, such as China? Asian Development Bank's experience might offer an answer to that question.

Innovative startups become driving force behind Binhai New Area

[2016-06-03 08:13]

Innovative startup companies have become a new driving force for Binhai New Area's growth, according to an official of the new area in Tianjin as it celebrates its 10th anniversary.

Parallel-import car sales speed up

[2016-06-03 08:13]

China's parallel-import car sales are growing at the fastest pace in the past two years, at 31.5 percent to more than 150,000 this year, according to a leading industry insider.

State Grid ready for technology exports

[2016-06-03 08:13]

China's top electricity supplier, State Grid Corp, is set to export its ultra-high-voltage technology to India soon, as it pushes to expand its large-scale network both at home and abroad, a senior official at the utility company said.

Temasek, GIC buy $1b stake in Alibaba

[2016-06-03 08:13]

Singapore's state-owned investment firms Temasek Holdings Pte and GIC Pte, long-term Alibaba Group Holding Ltd investors, bought a combined $1 billion stake in the Chinese e-commerce behemoth, the second-biggest stakes being sold by SoftBank Group Corp.

Roller coaster day leaves China stocks on a high

[2016-06-03 08:13]

Chinese stocks rose to the highest level in almost a month, led by consumer-staple and technology shares, adding to the benchmark gauge's steepest rally since March this week.

Patent deals help Xiaomi expand

[2016-06-02 07:48]

Xiaomi Corp has bought nearly 1,500 technology patents from Microsoft Corp in a deal that may smoothen potential legal tangles over intellectual property as it pushes beyond China.

Gay app Blued taps into pink economy

[2016-06-02 07:48]

Blued, China's most popular gay social-networking app, said on Wednesday it has completed Series C and C+ rounds of financing, and netted several hundred millions of yuan in those two rounds, without disclosing details.

SMG buys stake in US group Jaunt

[2016-06-02 07:48]

Shanghai Media Group, one of China's largest media groups, announced a strategic investment in Silicon Valley-based virtual-reality company Jaunt Inc - to expand its business into the virtual-reality market.

BOC Aviation ends flat on HK debut

[2016-06-02 07:48]

BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd that raised $1.1 billion from a share sale last month, rose as much as 4.4 percent during the intraday trading on its debut in Hong Kong on Wednesday.

Rally in Chinese mainland stocks fizzles as banks, utility shares retreat

[2016-06-02 07:48]

The biggest jump in Chinese mainland stocks in almost three months petered out, led by a decline in banks and utility companies, as manufacturing data failed to ease concern about the economic outlook.

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