The Asian Infrastructure Investment Bank announced on Wednesday its board of governors has approved applications from Papua New Guinea and Kenya to join the bank, thus increasing its approved membership to 86.
Mobile payment was the most popular way China's outbound tourists chose to spend their cash during the recent May Day holiday, according to a report from the nation's leading mobile payment service.
BEIJING - China has moved to support the issuance of rental property-backed securities to help finance a burgeoning rental housing market, a crucial part of its planned policy package that aims to stabilize the real estate sector.
China's development is a robust model that benefits governments, businesses and communities, PwC Asia-Pacific chairman says
Please use three words to describe China's changes in the past 40 years.
Exports from the United States to China grew faster than US export growth to the rest of the world, according to a report from the US-China Business Council released on Monday.
US whiskey makers say they see great demand and rapid growth in China, but right now, they also see both being hurt if China imposes a 25 percent tariff
The apple industry in California, the fifth-largest producer of apples in the United States, is concerned about the indirect impact from China's new tariffs, which may create domestic oversupply.
Qingdao Movie Metropolis, a mega movie industry center with an investment of 50 billion yuan ($7.9 billion), opened in Qingdao, Shandong province during the May Day holiday, giving a major boost to the domestic film industry as "China's Hollywood".
Two weeks after the central authorities unveiled plans to develop South China's Hainan, the island saw the opening of its first seven-star hotel Atlantis in Sanya, taking a further step toward the goal of growing into an international tourism destination.
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