Dessert lovers in Shanghai are likely to have heard of Bonus, one of the most popular gelato stores in the city. But it's unlikely that many of them know how the brand first started out - it operated within a hairy crab shop.
Apple Inc is likely to suffer greatly from the ongoing China-US trade tension, as experts said moving production of its iPhones from China to the United States could lead to a price rise of as much as 20 percent.
Chinese investment group Tus-Holdings and the Russia-China Investment Fund (RCIF) announced a number of major technology and innovation joint investment projects on Tuesday, with one of these worth more than 90 billion roubles ($1.28 billion).
Boeing Co said China is the world's fastest-growing market for long-haul flights, boosted by robust demand for business and leisure air travel and the growing number of middle-income consumers.
China's vehicle sales fell 3.8 percent in August to 2.1 million units from a year earlier, continuing the downward trend seen in July in the world's largest vehicle market, said the China Association of Automobile Manufacturers on Tuesday.
China will accelerate the pace of revising and drawing up China-Russia, China-Mongolia and China-Vietnam railway cooperation agreements to create new trade growth momentum and strengthen connections between domestic and international railroads, officials said on Tuesday.
One month after the central regulator gave the green light to pension target securities investment funds, asset management companies have sped up their growth in the market.
China's top financial regulatory body warned it may take measures to prevent unexpected major shocks in all financial sectors, as escalating Sino-US trade tensions may affect market sentiment, according to a statement released on the State Council's website on Monday.
Two to three of China's six rare earth groups are to take the lead in evolving into major deep-processing companies, as the nation promotes efforts to raise the overall quality of its rare earth industry, said Vice-Minister of Industry and Information Technology Wang Jiangping.
Regulators will further strengthen the quality of ratings after the authorities punished Beijing-based Dagong Global Credit Rating with a one-year suspension of its business, analysts said.
Shanghai-based digital energy company Envision Group plans to develop an electric vehicle battery plant in Wuxi, Jiangsu province, following the acquisition of a controlling stake in Nissan's electric battery business.
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