China General Nuclear Power Group is one step closer to exporting its Hualong One reactor design to Kenya, after having signed an agreement with the Kenyan government on nuclear expertise and talent training.
Guangzhou, Shenzhen, Hangzhou, Wuhan and Nanjing have been ranked as the top five cities for opportunity in China, according to a report jointly launched by PricewaterhouseCoopers and the China Development Research Foundation.
Chinese companies are forming the mainstay of foreign direct investment in Latin American and African markets as globalization suffers setbacks elsewhere, an international law firm has said.
Asia's biggest oil refiner China Petrochemical Corp, known as Sinopec, said on Wednesday it had nailed an agreement to acquire a refinery and key assets of Chevron South Africa and Chevron Botswana for about $900 million.
For Australian entrepreneur Kevin Zhang, the Belt and Road Initiative means huge potential for the expansion of his hotel business in China.
Chinese internet services provider Tencent Holdings Ltd posted a hefty increase in net profits for 2016, citing its strategy to connect its online services as the main success driver.
The newly released property purchasing policy in Beijing is likely to cause terminations on existing contracts and help cool down the capital's property market, according to industry insiders.
BEIJING - The chief scientist helping drive Baidu Inc's artificial intelligence push is quitting the search giant, putting at risk its efforts to place the sector at the center of its business revival.
More inclusive forms of globalization are vital as catalysts for growth in emerging economies amid a global economic downturn, Secretary-General of the Boao Forum for Asia, Zhou Wenzhong said on Wednesday.
BEIJING - Chang Linglong has just returned from a trip to Shanghai that she describes as "a nightmare". The 160-square-meter apartment she booked on a short-term rental website turned out to be just 70 square meters.
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Raymond Zhou
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