Two Chinese-built locomotives arrived in Argentina on Wednesday, as part of an ambitious plan to revive the South American country's aging cargo rail network and spur the country's economic development. The locomotives' 2,950 horsepower doubles the drive of the current antiquated engines serving the Belgrano Cargas rail line, and can reach a maximum speed of 80 km per hour.
The hectic traffic at the Shanghai Disney Resort was among the few bright spots to partially offset the earnings drop suffered by The Walt Disney Co, which posted slack first-quarter revenue dragged by its cable businesses at home.
General Motors Co is firing on all cylinders, selling 10 million cars in a year for the first time, and riding a big gain in China with record sales for Cadillac.
Rio Tinto Group will pay a much higher dividend than expected and buy back $500 million of shares after the world's second-biggest mining company reported its first gain in annual profit since 2013.
Yum China Holdings Inc, the spinoff of the US fast-food chain which runs household names including KFC and Pizza Hut, registered flat same-store sales in 2016, three months after its New York listing.
German software company SAP SE will focus on small and medium-sized clients to grow its cloud business in China this year, after it posted its best-ever financial year in the region in 2016.
Fuzhou, the capital of Fujian province, has issued 10 investment-friendly policies including measures to stimulate the service and high-end industries to promote economic innovation, in a bid to improve its capacity to compete with rivals in other coastal provinces.
Transsion Holdings Ltd, a Shenzhen-based smartphone maker few Chinese have heard of, is securing the jewel in the crown of the mobile world - the African continent, one of the most promising mobile arenas in the world.
Transsion has set up two R&D centers in Nigeria - Africa's most populous country - and Kenya to offer tailor-made smartphone features for its African customers.
Wilston Shivachi is an enthusiastic user of smartphones. Like many people, the logistics consultant could not get through the day without his handset. He relies on the device to shoot selfies, stream videos on YouTube and check emails when he is out of the office.
Africa, with a population second only to that of the Asia-Pacific region, is ready for the smartphone evolution that will bring ubiquitous internet access.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
