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Stealing spotlight with best sports cars

[2017-01-20 07:42]

Luxury sports car brand McLaren has gone a long way from selling its first car in China four years ago to now generating a major chunk of its global sales from the country, riding on the keen interest in the marque shown by China's rapidly growing wealthy consumers.

Netflix's shrinking DVD service faces uncertain future

[2017-01-20 07:42]

Originally cast in a starring role, Netflix's original DVD-by-mail service has been reduced to a bit player that may eventually get killed off as the company focuses on its booming video streaming service.

Sovereign fund banks on prospects in United States

[2017-01-20 07:42]

China's sovereign fund China Investment Corp, which manages about $800 billion assets including $200 billion of overseas investments, is actively looking for investment opportunities in the US infrastructure and manufacturing sectors - to graft their products and industries onto the Chinese economy, a senior executive told the World Economic Conference in Davos, Switzerland.

Kentucky governor eager to work with China

[2017-01-20 07:42]

There are only a handful of Chinese companies in Kentucky, but its governor wants to change that.

Dow Chemical expects to keep fast growth in nation

[2017-01-20 07:42]

Dow Chemical Co expects to maintain its double-digit growth rate in China, by pushing for more products and solutions that are environmentally sustainable, company executives say.

Legendary founder quits post

[2017-01-20 07:42]

Thomas Tull, founder and CEO of Legendary Entertainment, will be leaving the Hollywood studio, reportedly due to pressure from Dalian Wanda Group.

China Resources to pump $14.5b into Guiyang cluster

[2017-01-20 07:42]

China Resources (Holdings) Co Ltd is to invest 100 billion yuan ($14.5 billion) to construct a service industry cluster by 2022 in Guiyang, capital of China's southwestern Guizhou province, taking advantage of the city's key geographic location and existing strengths in its big data industry.

Shanghai Jahwa faces huge loss in fourth quarter

[2017-01-20 07:42]

What former chairman Ge Wenyao predicted two months ago has been proven entirely correct, after Jahwa released a dismal 2016 earnings forecast on Wednesday.

COSCO 'bidding' for Orient Overseas

[2017-01-19 07:41]

Chinese media outlet Caixin reported China COSCO Shipping Corp and other liners will bid for Orient Overseas International Ltd, owner of Hong Kong's biggest container-shipping line.

Suppliers in fast lane as China embraces winter sports

[2017-01-19 07:41]

Anta Sports Products Ltd, China's biggest athletics apparel company, said it plans to launch its first snow sports product under its own brand this year - as the domestic skiing market and other winter activities are expected to be on track for a major boost.

Sanpower launching fund to buy cinemas

[2017-01-19 07:41]

Chinese conglomerate Sanpower Group is launching a fund with a 3 billion yuan ($435 million) target that will be used to acquire up to 150 domestic cinemas in a bet on rapid growth in the country's movie market, two sources with direct knowledge of the matter said.

Didi helps migrant workers go home

[2017-01-19 07:42]

Didi Chuxing, China's largest ride-hailing firm, is partnering with a nonprofit organization to help migrant workers go home during the Spring Festival travel rush - the largest annual human migration in the world.

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