A wave of blockbuster deals in China has driven global investment in fintech, according to a study by consultancy Accenture.
The central authorities said on Tuesday that more financing will be made available to manufacturers, as the country aims to move the sector up the value chain.
China Southern Airlines Co signed an agreement on Tuesday to sell a minority stake to American Airlines Group Inc for $200 million, in a deal which links top carriers in the Asian and US markets.
Hong Kong-based MTR Corp has significantly expanded its presence in the United Kingdom rail sector, as a partner in a consortium that won a seven-year and 2.6 billion pound ($3.3 billion) contract to run one of Britain's busiest and largest commuter networks.
Beijing-based chip company Tsinghua Unigroup Ltd signed deals on Tuesday that would grant it up to 150 billion yuan ($21.8 billion) in financing, enabling it to champion the country's efforts to develop homegrown chips.
HONG KONG - Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of Forbes magazine's publisher, two sources with knowledge of the matter said.
A young colleague of mine told me the other day that one thing he is most proud of is his decision to buy an apartment in Beijing in 2012, two years after his graduation from university.
Professionals working for businesses are confident China's economic growth this year will likely meet the official target and expect both their companies' headcounts and profits to increase, according to a survey report released on Tuesday.
TOKYO - The days when Chinese internet companies could simply rely on the country's sheer population are over. That's why Tencent Holdings Ltd's Pony Ma is betting on the future of artificial intelligence.
BEIJING - China's mobile app major Tencent is demonstrating its ability in gaming through "Jueyi", its own version of DeepMind's Alpha Go in Japan.
Leading residential property developer China Vanke Co has lowered its outlook on the real estate market in 12 cities, due to concerns regarding the booming market.
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