The yuan registered the biggest gain in a year in overnight trading in the offshore market on Thursday as the dollar weakened and China's monetary regulators strengthened scrutiny of foreign exchange purchases.
Investors are showing stronger willingness to invest northbound, toward Shenzhen using the new Shenzhen-Hong Kong stocks link, according to figures for first full month of trading, as of Thursday. However, market analysts expect that the southbound flows, toward Hong Kong, are likely to be larger in the first half of this year.
Maersk Line A/S, the world's largest container shipping line, has teamed up with Alibaba Group Holding Ltd to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
Jaunt Inc, a Californian virtual reality software startup, is aiming to shoot, produce and distribute high-quality VR content for the Chinese market.
State Grid Corp of China has asked the Brazilian government and regulators to speed up environmental licensing of a planned power line connecting to the Belo Monte dam in the Amazon forest, according to official documents and a source with direct knowledge of the matter.
The growth rate of China's peer-to-peer lending transaction volume dropped by nearly half in 2016, as the industry faced reshuffling amid a slew of compliance regulations.
The head of China's third-biggest search engine Sogou said he expects his company to launch a US initial public offering with a valuation of as much as $5 billion - as it raises cash to close the gap with leader Baidu Inc in the mobile market.
Stocks of Chinese major paper mills continued to rise on Wednesday, as analysts remarked about the good prospects for the industry.
Chinese mainland shares climbed to a three-week high, led by an advance in rail companies and liquor makers.
Tens of thousands of migrant workers going home by motorcycle or minibus during the upcoming annual travel rush will get a lift. They will be offered free refueling services by Sinopec's subsidiaries in Guangdong province and the Guangxi Zhuang autonomous region, starting from Jan 13.
Twenty-nine Chinese families figured heavily in a list of the 100 most influential family donors worldwide, with most of them donating to the education and poverty alleviation sectors, according to a report by China Global Philanthropy Institute.
Boehringer Ingelheim Animal Health China, a subsidiary of German pharmaceutical giant Boehringer Ingelheim International GmbH, plans to add more scholarships and teaching resources to its talent development projects in China's animal husbandry sector.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
