US card service provider American Express is preparing to apply for a license to operate in China, a senior executive of the company said.
Leading travel operator Thomas Cook forecasts that its business in China will grow tenfold in the next year.
Xi'an-based Northwest Electric Power Design Institute Co Ltd, a subsidiary of China Power Engineering Consulting Group, has signed a framework agreement with Fichtner GmBH Co of Germany to develop overseas projects.
Chinese and EU think tanks have urged a fresh bilateral investment treaty, or BIT, between China and European Union members.
ZhongAn Online Property and Casualty Insurance, the Chinese mainland's largest online insurer backed by Alibaba, was oversubscribed by a factor of more than 400 with HK$200 billion ($25.6 billion) in funds frozen when its initial public offering closed on Thursday, according to market news.
SHANGHAI - China's largest phone company is in talks with Brazil's telecom regulator on buying the mobile phone division of Oi SA.
China Guangfa Bank, one of the earliest-incorporated joint-stock commercial banks on the mainland, has launched a computerized investment advisory service, aiming to better integrate its business of offline professional wealth management and online artificial intelligent service.
In his United Nations General Assembly speech on Tuesday, United States President Donald Trump called the Iran nuclear deal "one of the worst" agreements ever reached by Washington and "an embarrassment" to his country. "We cannot abide by an agreement if it provides cover for the eventual construction of a nuclear program," he said, renewing speculation that he may soon seek to withdraw the US from the deal.
As a report by the US Treasury Department confirmed on Wednesday, a growing number of Chinese bids to acquire US companies have fallen prey to US government reviews on the grounds of national security concerns.
THE GOVERNMENTS OF LANZHOU in Northwest China's Gansu province and Quanzhou in East China's Fujian province have adjusted their policies on car-hailing services, lowering the threshold requirements for both cars and drivers. Thepaper.cn comments:
THE "ORANGE BACKPACK" FUNDRAISING CAMPAIGN, launched by the Audiology Development Foundation of China last year to help teenagers with hearing impairments, has picked up speed recently with the endorsement of online opinion leaders and showbiz celebrities. The project is designed to provide distinctive orange backpacks to students suffering from impaired hearing, so they can be offered assistance if needed. Beijing Youth Daily commented on Thursday:
THE 2017 BEIJING Marathon was held on Sunday. However, some runners reportedly cloned their race bibs and shared them with those who failed to register for the activity. A photo of three runners wearing bibs with the same number was even widely spread online. Thepaper.cn comments:
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