China will give the green light soon to a Chinese consortium's acquisition of an LED lighting unit of Osram Licht AG, after the German company gained approval from the anti-monopoly authorities in all other related countries, experts said on Monday.
Great Wall Motor Co Ltd, one of the major sport utility vehicle manufacturers in China, plans to launch its first high-end SUV brand in May, aiming to further expand its market share.
Alibaba Cloud (AliCloud), the cloud-computing arm of Alibaba Group Holding Ltd, said on Monday it would double the capacity of its data center in Hong Kong, as it upped the ante with rivals Amazon.com Inc and Microsoft Corp in the fast-growing cloud-computing market.
Billionaire Bill Gates is bringing an unexpected gift to his Chinese fans right before Valentine's Day.
Whether you've just fallen in love or have been in a relationship for years, getting a decent present online for the Valentine's Day has become a new norm to celebrate the holiday of love.
High-end hotels recorded a surge in the sales of their rooms with the approach of Valentine's Day, but demand for budget hotels has cooled down as young Chinese prefer to spend more.
While fluctuations will continue, China's yuan will stabilize around current level as China's economy improves, and the country's relations with the United States advance, said a foreign exchange expert on Sunday.
Homebuyers face more pressure getting financing after mortgage lending has tightened in several major cities, in a series of measures curbing speculative buying and cooling down the overheated property market, said analysts.
Miao Wenjun, a 32-year-old IT system equipment distribution manager, is thinking of abandoning her plan to buy an apartment in central Shanghai after a year of hunting for the ideal residence.
Becoming a trans-city commuter has become a solution for many young professionals who work in major cities as a way to balance their quality of life and the housing budget, a situation that benefits the overall housing market, said analysts.
Economy-trackers are highlighting facts and figures to indicate that the Chinese economy is entering 2017 on a strong footing, eclipsing last year's tepid data that roiled financial markets.
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