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Softbank to sell stake in Alibaba

[2016-06-02 07:48]

Japan's SoftBank Group Corp has announced its plan to sell $7.9 billion worth of its stake in Alibaba Group Holding Ltd in an aim to generate proceeds to cut debt.

$1.52b earmarked for hi-tech stadiums

[2016-06-02 07:48]

The sports offshoot of China's e-commerce giant Alibaba Group Holding Ltd said it will invest 10 billion yuan ($1.52 billion) with partners to turn the country's traditional sports venues into internet-enabled smart stadiums.

E-car firm Tesla powers ahead with new Model X

[2016-06-02 07:48]

US electric-car maker Tesla Motors Inc plans to deliver in advance its Model X to Chinese customers at the end of the month, instead of the first quarter of 2017, a senior Tesla official told China Daily on Wednesday.

CMG plans network of ports, terminals

[2016-06-02 07:48]

China Merchants Group said it plans to construct key infrastructure projects such as specialized marine terminals in countries along the Belt and Road Initiative - including Djibouti, Sri Lanka and Belarus - during the 13th Five-Year Plan (2016-20).

Community advertising should benefit homeowners

[2016-06-02 07:48]

Various advertisements are sometimes so disturbing that I habitually switch them off as soon as they appear on my cell phone, my laptop or personal computers at home and in the office.

What's news

[2016-06-02 07:48]

Regulator inspects investment risks

MasterCard, rural co-operatives in Zhejiang launch credit card

[2016-06-02 07:48]

MasterCard Inc and Rural Credit Cooperatives in Zhejiang province have jointly launched the Fengshou Card, the first rural credit card issued by provincial cooperatives in China, in a move they said further advances financial innovation and inclusive financial services in the countryside.

Talent wanted for Shanghai Disney park

[2016-06-02 07:48]

Performers needed for epic musicals and other acts

HNA to buy Virgin Australia stake

[2016-06-01 07:42]

Plans to lift interest further, as Air New Zealand signals to sell its major holding

Shares surge on hopes of MSCI index inclusion

[2016-06-01 07:42]

Mainland stocks jumped the most in two months on Tuesday with foreign funds flowing in, driven by expectation that MSCI Inc will next month add mainland shares to its index for the first time.

Cheesy habits offer insight to rapidly changing market

[2016-06-01 07:42]

Talking cheese can be an emotional thing for some Chinese people. Once I saw a Chinese woman distressed at the mention of it, on an internet video blog.

What's news

[2016-06-01 07:42]

Govts & policies

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