Xiaomi Corp unveiled a flagship smartphone series on Tuesday featuring advanced fingerprint identification technology, marking the first rival product by Chinese firms to compete with Apple Inc after the launch of its latest iPhone.
Huawei Technologies Co Ltd will focus on using artificial intelligence to boost its core networking gear business while stepping up efforts to recruit AI talents from the United States, its founder and CEO Ren Zhengfei said.
Trading in credit default swaps is unlikely to trigger a substantial correction in China's property market, economists said on Tuesday, saying that concerns that speculators would use credit default to short the market were unfounded.
Xiaobai Xiaobai goes downstairs to KFC,
Yum Brands Inc - the sprawling fast-food empire that owns KFC and Pizza Hut - said its board had approved the spinoff of Yum China. Muktesh Pant would resign as CEO of Yum's China division on the completion of the spinoff.
In the year 383, during the Jin Dynasty rule, 80,000 soldiers in the town of Feishui successfully warded off attackers who outnumbered them ten-fold. It has been lauded as one of the most famed underdog victories in Chinese history.
Billionaire Wang Jianlin's Dalian Wanda Group Co is in talks to buy Dick Clark Productions, the closely held producer of the Golden Globe Awards, as the Chinese tycoon seeks to expand his influence in Hollywood.
Chinese mainland stocks tumbled to a two-month low on Monday as investors feared about market liquidity being drained by the country's runaway property market, new share sales as well as the monetary authority's intention to curb financial leverage.
Four six-square meter apartments sold this weekend in Shenzhen made a splash in the media, but the sales were later declared illegal due to unauthorized modifications made to the properties.
Sales of China's three largest property developers have exceeded 200 billion yuan ($29.98 billion) so far this year, fueled by a huge housing boom.
Didi Chuxing, China's largest car on-demand service provider, is gearing up to diversify its urban transportation offerings by adding bicycles to its existing product portfolio.
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