Guangzhou Vanlead Group Co, one of China's leading radial tire producers, expects the construction of its $1 billion plant in the US state of South Carolina to start in the first half of next year.
BEIJING - Chinese technology conglomerate LeEco plans to lay off more than 300 employees in the United States, reducing the headcount to about 50 people, according to a company source.
Value Partners Group, one of Asia's largest asset managers by market capitalization, plunged 4.3 percent on Tuesday after it confirmed talks over a potential stake sale on Monday evening.
Cainiao Network Technology Co Ltd, a courier aggregator backed by Alibaba Group Holding Ltd, unveiled on Monday a smart logistics platform that uses 1 million new energy vehicles for express delivery, the latest move to ride China's logistics boom.
The Belt and Road Initiative has brought tremendous opportunities to technology company Motorola Solutions Inc, the head of its mainland operations said.
Chinese internet major LeEco said it is reshuffling the executive team of its listed arm, Leshi Internet Information & Technology Corp - as the tech conglomerate continues to struggle with a cash crunch issue.
Zhengzhou Coal Mining Machinery Group Co Ltd, the China-based company mainly engaged in the manufacture and distribution of coal mining integrated equipment, said it would continue its move into high-end and intelligent manufacturing, amid China's efforts to implement the Made in China 2025 plan.
Chinese investors have begun to shift target industries in the US to the high-tech sector and the trend just took a big step in Boston.
BEIJING - The Bamyan province in central Afghanistan not long ago had the rare opportunity to witness the world's tallest standing Buddha. In June 2015, a visiting Chinese couple successfully projected it in the Bamyan Valley, utilizing image projection technology, in the process winning cheers from the local people.
Branding is emerging as an all-important pillar of the growth in value of Chinese companies - -particularly for those in the consumers products and high-tech sectors - according to research conducted by universities and market research firms in Shanghai who surveyed some 3,000 companies.
Sonova, the biggest hearing aid maker globally by revenue, said that it is aiming to drive up sales in China, whose population suffers the world's highest levels of hearing loss, with the help of its newly-opened international training institute in Jiangsu province.
Chinese investment is pouring into London's commercial property at an unprecedented rate, according to realtor CBRE, which said there was 2.72 billion pounds ($3.52 billion) of investment in the first quarter of 2017, a sixfold increase year-on-year.
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Raymond Zhou
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Chen Weihua
