Airbnb, universities team up to nurture future entrepreneurs

Airbnb Inc, a United States-based home-sharing service provider, has signed partnerships with three Chinese universities to expand research on the development of tourism in China.

IN BRIEF (Page 18)

JD to expand presence in Europe

JD, one of China's leading online retailers, will challenge Amazon.com Inc in Europe by establishing operations across the continent within the next few years, said the firm's boss.

SPD to tap UK market with its first London branch

Shanghai Pudong Development Bank on Tuesday opened its first London branch, the latest in a series of Chinese banks opening offices in the city.

Internet giant warns of dark chain dangers

With all the good things that have come about through the development of national financial innovation and artificial intelligence technologies, there's also been the gradual formation of a dark internet industry chain, which now poses an increasing threat to the safety of personal information and property, according to a recent report.

Dow banks on product innovation

Dow Chemical, the world's second-largest chemical company, is banking on product innovation to better cater to demand from Chinese customers and further expand its presence in the country.

China may overtake UK in wine consumption

China is likely to displace Britain as the world's second largest wine consumer, in terms of value, by 2021, according to research from Vinexpo, one of the largest exhibitions for wine and spirits professionals globally, and the UK-based International Wine and Spirit Research.

Sales slowdown to hurt prospects for smartphone firms

Global sales of smartphones declined in the fourth quarter of 2017 due in part to lagging demand in China, according to two consulting companies.

Lender to enhance efforts with HK on B&R

The Asian Infrastructure Investment Bank will further enhance cooperation with the Hong Kong Special Administrative Region in boosting the Belt and Road Initiative, AIIB President Jin Liqun said on Saturday.

European luxury brands see good growth

Demand for European luxury goods is expected to continue in China, but in a more rational way, due to the ongoing efforts by the central government to curb capital outflows, industry experts said.

Tech leaders battle for supremacy

The battle between China's top two internet heavyweights has reached a new high, with Tencent Holdings Ltd making an intensified push into the offline retail market, where its arch rival Alibaba Group Holding Ltd has an established presence.

Banking, transport sectors lead rebound in equities

SHANGHAI - China's stocks recouped early losses sparked by a slide on Wall Street and ended higher on Monday, underpinned by robust gains in banking and transport shares that offset a slump in consumer shares.