State-owned Unisplendour Corp Ltd and US storage solutions provider Western Digital Corp officially launched a joint venture called Unis-WDC Storage Co Ltd on Thursday in Nanjing, with an investment of $158 million, which is aimed at China's huge storage market.
China's imports in August rose for the first time in nearly two years while the decline in exports decelerated, signaling that government measures to stabilize growth may have taken effect, experts said on Thursday.
The government will continue to support trade and investment links across the Taiwan Straits, Wang Shouwen, vice-minister of commerce, said on Thursday.
Speaking four languages and having traveled and worked around the world, Gillian Tans' experience points to her being a savvy backpacker who has been discovering the wonders of being "on the road".
Hewlett-Packard Enterprise Co will spin off a big chunk of its business software line-up in an $8.8 billion deal with Micro Focus International Plc, continuing the unraveling of what once was Silicon Valley's largest company.
German carmaker Volkswagen AG is to set up a 50:50 joint venture on new-energy vehicles with China's Anhui Jianghuai Automobile Co, according to a memorandum of understanding the two signed in Germany on Wednesday.
Chinese-owned Volvo Cars and the Swedish-based automotive safety group Autoliv Inc say they are creating a jointly-owned company to develop autonomous driving software.
Anbang Insurance Group Co will focus on integrating its overseas purchases such as South Korea's Tongyang Life Insurance Co as it continues to seek acquisitions, Vice-Chairman Yao Dafeng said in an interview on Tuesday.
Due to the limited improvements seen in successive iPhone models and a wider range of alternatives from domestic smartphone makers, Chinese consumers are less enthusiastic about the upcoming iPhone, which will be unveiled on Thursday Beijing Time, experts said.
Eight of China's major State-owned enterprises are being encouraged by the national assets watchdog to jointly work on key industrial projects amid a massive national push for reform in the State sector.
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