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.
More Chinese companies are expected to sell bonds in overseas markets this year, continuing the trend in 2017 as they seek to take advantage of lower financing costs in offshore markets and a stronger domestic currency, analysts said.
Chinese ratings agencies expanded their global influence amid a booming dollar bond market in 2017.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
