McDonald's Corp is planning a sale of 20-year franchise rights in Malaysia and Singapore that could collectively fetch at least $400 million, people with knowledge of the matter said.
Huawei Technologies Co Ltd grew its half-year smartphone shipments 25 percent to 60.56 million units, thanks to its increased efforts to expand global retail channels and the growing popularity of its high-end devices in overseas markets.
Intel Corp's upgraded chip factory in Dalian, Liaoning province, will help it better tap into China's growing demand for memory chips, but the United States giant needs to be wary of rising competition from local rivals, as the country speeds up efforts to reduce its reliance on foreign technology, experts said.
Baidu Inc may have to keep pumping money into its video-streaming operation for the foreseeable future following the withdrawal of a proposed buyout plan that could have made the cash-burning division a standalone business.
Last week, two south Indian regional language movies with Chinese elements or links released, suggesting Sino-Indian synergy in entertainment is there for the taking.
Intelligent massage appliances incorporated with traditional Chinese medicine practices have great potential in the Chinese market as awareness of a healthy lifestyle grows, said the top executive of the only listed massage product manufacturer in China.
China is getting closer to building its first-ever floating nuclear power station, which will be installed in a vessel and could provide stable electricity to remote waters such as the South China Sea, a leading nuclear engineer said on Monday.
The government's determination to launch the long-awaited property tax would help cool down the real estate market in the long term, industry analysts said.
China will continue to upgrade its manufacturing industry and boost its intelligent manufacturing, as well as cut down its excessive capacity, the country's industry watchdog said on Monday.
The International Boxing Association (AIBA) and the sports offshoot of Alibaba Group Holding Ltd have agreed to set up a joint venture to spark the number of boxers and promote major events worldwide by leveraging the e-commerce giant's strength in internet technology and big data.
Shanghai International Port Group Co Ltd, one of China's largest ports by global cargo throughput, has signed a cooperation framework agreement with the Qatari government to provide multimodal transportation services for building sport venues of the 2022 World Cups.
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