German software company SAP SE saw triple-digit growth in its China cloud business in the second quarter of the year, as it taps into the country's e-commerce boom and local manufacturing enterprises' intensified efforts to embrace digital transformation.
Chinese coal producer Shenhua Group Corp is seeking a merger with State-owned China General Nuclear Power Corp, people with knowledge of the matter said, a deal that would create a utility giant with about $204 billion of assets.
Global logistics companies are battling in China's skies alongside the booming air express industries. And, the growing demand for speedier delivery is driving logistics development across China, including its smaller and more far-flung towns and cities.
China's financial leasing companies are enhancing their competitiveness in the global markets to give stronger support to the overseas expansion of Chinese companies and the exports of high-end equipment.
Chinamarket will givethe entire global travel industry new impetus for future growth, says IAG's chief executive
In a world where there's a smartphone app for everything, one company - Amazon.com Inc - has long been the host for an outsized share of online software and computing services.
Three large SOEs cooperate to build docking infrastructure and buy passenger liners
Google Inc just paid for part of its acquisition of DeepMind in a surprising way.
The visual effects house behind Titanic and Transformers aims to change how Chinese audiences see videos and movies by bringing its virtual-reality technology to the world's second-largest film market.
China's latest easing of its rules for foreign investment, a move toward a more open market policy, will bring in heated competition, but will not put too much pressure on local manufacturers, industry insiders said.
To get rid of one-way expectations that the yuan will depreciate, China must liberalize its capital market to allow foreign participation and attract renewed capital inflows, said Liu Ligang, managing director and chief economist for China at Citigroup Inc.
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