Northeast China's Heilongjiang province on Thursday ordered a local ski resort management committee to apologize to a private company in the sector and would punish its staff involved for "serious disciplinary violations."
Ant Financial Services Group is calling off its acquisition of US-based Money-Gram International Inc, after failing to gain approval from Washington's national security panel, which is increasingly obstructive toward Chinese investment in US firms.
China and the United States have experienced a bumpy start to 2018 as skepticism about Chinese investment and trade is clouding over Washington.
Experts warned on Wednesday that US chip manufacturer BiTMICRO's filing of a complaint against other global tech companies for infringing intellectual property rights would be counterproductive and goes against the trend of globalization.
Japan's Honda Motor Co said it is partnering with Alibaba Group Holding Ltd to develop a smart and internet-connected system, one of the latest examples of closer cooperation between carmakers and tech companies to herald the age of smart mobility.
Alibaba Group Holding Ltd announced on Wednesday the opening of another 30 Hema Xiansheng fresh food supermarkets throughout Beijing this year, as internet giants focus increasingly on the lucrative fresh-food retail sector.
Chinese telecommunications giant Huawei Technologies Co Ltd has called for a greater focus on low-end smartphones, marking the latest move to better tap into the global market.
Rapid development in new modes of foreign trade will help upgrade traditional manufacturing and boost reform and innovation efforts in the traditional trade sector in the Pearl River Delta region, according to industrial insiders.
China is gearing up to become a force in the global aviation market with its own large passenger aircraft.
The ARJ21, China's first homemade regional jetliner, has been in commercial use for more than two years now, and has netted 433 orders from 20 customers.
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Raymond Zhou
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Chen Weihua
