Chinese stocks rallied on Thursday amid positive trading sentiment buoyed by robust tourism and consumption data over the Lunar New Year holiday and stabilizing global equity markets following previous steep selloffs.
The number of trade investigations involving Chinese exports launched by the United States has reached four so far this year, as Washington hasn't prudently handled the investigations and overprotected many domestic industries, said experts on Thursday.
Restaurants and ready-to-eat foods are becoming viable options for Chinese consumers to celebrate the traditional Lunar New Year's Eve dinner, an industry report shows.
Tencent Holdings Ltd has reached the top five in an annual global listing that tracks companies' performance in business innovation due to the importance it attaches to content.
More than 768 million people participated in sending and receiving hongbao, or red envelopes, through the nation's leading social media platform WeChat, during the six-day Spring Festival holiday from Feb 15 to 20, an increase of 10 percent year-on-year, according to a report released by WeChat on Wednesday.
JINAN - It used to be trendy for the Chinese to dress in clothes of foreign brands, but now China is helping shape the latest trends in the fabric and apparel world. At first glance, the blue and gray sportswear in the showroom of this fabric and garment maker in Longkou doesn't appear to be anything special. However, its advantage lies in its cloth, which is made from fine wool.
HANGZHOU - More than 35 million vacuum bottles were produced last year by Haers Vacuum Containers Co Ltd in Yongkang, the second largest output of its kind worldwide. "A robot assembly line will be launched soon, and we are confident of surpassing the current leading producer this year," said Wang Shuyi, supply chain general manager of the company in Zhejiang province.
Chinese investors are eyeing renowned but struggling international fashion brands in an effort to cash in on luxury-savvy and global shopping Chinese consumers.
US semiconductor company Qualcomm Inc has announced it will raise its bid to acquire Dutch automotive chip maker NXP Semiconductors NV to $44 billion, which analysts see as a key step for the heavyweight to shore up support for the deal and fend off the hostile $121 billion bid from its rival Broadcom Ltd.
The Hong Kong stock market rose on Wednesday led by the gains of mainland financial and energy companies, showing improved investor sentiment after the wild swings triggered by sharp market falls in the United States earlier this month.
China has shone in the latest list of the world's richest cities, thanks to the rapidly accumulated personal wealth in the country.
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