Billionaire Wang Jianlin's Wanda Movie Park in Wuhan, Hubei province, "temporarily" closed for "upgrading" on Sunday, Dalian Wanda Group announced, in a move made by the company just 19 months after the park opened.
France's Christian Dior has become the first luxury brand to sell top-end bags on WeChat, the most popular messaging and social network in China, offering its iconic Lady Dior bag on the platform.
Didi Chuxing and Uber China may not have an easy victory in China, even though their newly announced merger is expected by analysts to create a dominant player in the country's rapidly growing ride-hailing market.
In the late 1980s, Japan had over-inflated stock and property markets. Its companies, fleeing the lack of opportunities in Japan itself, vastly overpaid for all manner of US assets. I often dreamed that some Japanese investor would overpay for the house I owned at the time.
China is willing to take an open attitude to work with the British government to conduct a feasibility study for a China-United Kingdom free trade agreement to deepen bilateral business ties, the Ministry of Commerce said on Tuesday.
State-owned Qingdao West Coast Development Group Co Ltd has bought Media Chinese International Ltd's subsidiary, the owner of Ming Pao Weekly in Hong Kong, for HK$498 million ($64.2 million), in the latest step by mainland companies into the overseas media market.
China is considering a sweeping overhaul of its steel industry that would consolidate major steel producers into two giants, with one located in the north and the other in the south, according to people familiar with the plan.
China urged Britain to reach a decision on a controversial multibillion dollar power station project as soon as possible, as a key minister behind London's closer ties with China was reported to be considering resigning.
GlaxoSmithKline Plc, the UK's biggest drugmaker, is forming a joint venture with Google parent Alphabet Inc's life-sciences business to research and develop bioelectronic medicines.
A consortium of Chinese companies led by game developer Shanghai Giant Network Technology Co will buy Israeli casino-style online gaming developer Playtika Ltd from Caesars Entertainment Corp for $4.4 billion, the companies announced during the weekend.
China's major cities saw home prices grow for the 15th month in a row in July, with the growth rate continuing to accelerate, a report showed on Monday.
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