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Mengniu hikes stake in Modern Dairy

[2017-01-06 06:53]

China Modern Dairy Holdings Ltd saw its shares surge almost 10 percent on Thursday, after China Mengniu Dairy Co Ltd announced an offer to buy it out in order to guarantee its stable supply of raw milk.

Didi to speed up overseas services

[2017-01-06 06:53]

Didi Chuxing, China's biggest car-hailing company, indicated on Thursday that it was stepping on the accelerator of global expansion, with an investment in its Brazilian counterpart.

Wallpaper-thin television grabs the spotlight at CES

[2017-01-06 06:53]

LG Electronics showed off a "wallpaper" thin television as TV makers vied for the spot-light ahead of the Las Vegas based international Consumer Electronics Show opening on Thursday.

Australia trade set to get boost with tariff cuts

[2017-01-06 06:53]

Up to 98.5 percent of Chinese products exported to Australia will enjoy zero tariffs, after the two countries implemented the third round of tariff cuts on Janu 1 under a bilateral free trade agreement, the Ministry of Commerce said on Thursday.

Steel bears brunt of remedy investigations

[2017-01-06 06:53]

The number of trade remedy investigations against Chinese products reached a historic high in 2016, with nearly half of the cases aimed at the steel industry, Ministry of Commerce spokesman Sun Jiwen said on Thursday.

What's news

[2017-01-06 06:53]

Caixin services PMI rises to 17-month high

LeEco offers first production vehicle

[2017-01-05 07:44]

US-based electric car startup Faraday Future, backed by LeEco, unveiled its first production vehicle FF 91 in Las Vegas at the 2017 Consumer Electronics Show, a move to drum up more investment and extricate LeEco from cash flow woes.

Tesla gears down Q4 deliveries

[2017-01-05 07:44]

Tesla Motors Inc fell short of analysts' estimates for fourth-quarter deliveries, as production delays continued to plague the carmaker led by Chief Executive Officer Elon Musk.

CRC on track for new management models

[2017-01-05 07:44]

China Railway Corp, the world's biggest railway operator by rail length, will carry out a mixed ownership reform this year to explore new management models featuring capital use rather than basic operation, a leading executive said.

Mobile wallets becoming way of life: Study

[2017-01-05 07:44]

Mobile wallets have grown into a lifestyle choice embedded into daily activities and interactions, as more Chinese embrace third-party services to pay back credit cards and run errands, a latest study has found.

SPD Bank's slowing profits may herald grim year ahead for banking industry

[2017-01-05 07:44]

China's banking industry received a worrying new year wake-up call on Tuesday, with the first preliminary earnings report for the 2016 fiscal year from a commercial lender showing a significant slowdown in profit growth.

Tourism market still has great deal of catching up to do

[2017-01-05 07:44]

Recently, while on holiday in Phnom Penh, Cambodia, I was asked if I was interested in firing a Russian-made rocket-propelled grenade for $500 at a local shooting range.

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