Giving red envelopes containing gift money remains a tradition among Chinese people during the Spring Festival, and this year China's tech companies are adjusting to the digital age by adding Pokemon Go-inspired features to their mobile red envelope apps.
About 75 percent of Chinese people are planning to give digital red envelopes of gift money as they welcome the Year of the Rooster, a significant increase from last year's 30 percent, according to an annual study on consumers' spending intentions.
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016 - and is likely to continue to play a significant role in the global property market in the next few years - although more domestic capital may look at opportunities on the mainland in 2017, a leading real estate services providers said.
Samsung Electronics Co's profit more than doubled in the last quarter of 2016 on robust semiconductor sales and a recovery in its mobile business, giving it enough stamina to buy back 9.3 trillion won ($8 billion) of its own shares.
The global footprint of AMC Entertainment Holdings Inc, the US movie-theater chain owned by Dalian Wanda Group, is getting bigger.
I had not expected my masseuse to be so insightful.
Trade protectionism could hurt the vitality of the US tire market, after the country made a final ruling that tires from China were dumped and subsidized.
Li Yechen waited four months for his sold-out SUV to arrive at a Chinese auto dealer. He was determined to buck tradition and bypass the trusty sedan that's a hallmark of the nation's highways.
Vehicles powered by hydrogen - the world's most abundant element - have moved off the pages of science fiction novels into the real world in recent years. And China and the United Kingdom are driving forward with efforts to make the technology mainstream.
China has begun to upgrade the design of its first-ever floating nuclear demonstration platform and is nearly finishing the building of a new manned submersible capable of reaching the majority of seabeds in the world, said China Shipbuilding Industry Corp, the primary contractor for the country's navy.
Samsung Electronics Co Ltd said on Monday flaws in battery manufacturing and design have led to the global recall of its flagship model the Galaxy Note 7.
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Raymond Zhou
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Chen Weihua
