Legend Holdings Corp, the major shareholder of the world's biggest PC maker Lenovo Group Ltd, has invested in the first round of financing for the electric-vehicle project of Le Holdings Co Ltd.
LeVR Technology Ltd, the virtual reality arm of Beijing-based technology company LeEco Holdings Co Ltd, is reported to be undergoing a round of financing worth more than 300 million yuan ($45 million).
The European Union's new strategy on China will accelerate the pace of cooperation, especially in the areas of trade and market status under the World Trade Organization rules, analysts said.
Foxconn Technology Group plans to close costly and redundant overseas operations of its new acquisition Sharp Corp, and bring to the market products using Sharp's valuable patents and technology as quickly as possible, said the chief of the world's largest electronics manufacturer.
Circle Internet Financial, a US mobile payment company, has raised $60 million from investors and launched an independent China venture to tap into local consumers' growing purchasing power.
For Alain Dehaze, new chief executive officer of the world's biggest job recruitment and human resources company Adecco Group, his driving ambition does not simply lie in numbers.
Oklahoma State pitcher Tyler Buffett was money in his first game at the College World Series.
Power Construction Corporation of China, one of the country's largest hydro and thermal power project providers in terms of both revenue and overseas market share, will complete the world's largest solar plant by energy output - the Noor complex solar plant - in Morocco by 2018, an executive said on Wednesday.
International Monetary Fund Deputy Managing Director Zhu Min intends to leave the IMF when his term expires in late July, IMF Managing Director Christine Lagarde said on Tuesday.
McDonald's Corp has received more than half a dozen bids for its planned sale of Chinese mainland and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower Group and China National Chemical Corporation in a deal worth about $3 billion, people familiar with the matter said.
China will become one of the largest markets of high-net-worth individuals in the world, with the number of high-net-worth families rising from 2.07 million in 2015 to 3.88 million at the end of 2020, a report released on Wednesday said.
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