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China / Business

Building boom will help boost overall capacity

[2017-08-10 08:30]

A construction boom is underway as major companies in the flat screen sector increase production in high-tech AMOLED display units.

Domestic companies move in to grab a larger slice of the cake

[2017-08-10 08:30]

Display screen manufacturers in China are expanding their market share in the smartphone sector as they move into high-end products.

Slight loosening of credit policy likely

[2017-08-08 08:24]

China is likely to slightly loosen its credit policy in the second half of the year.

H1 profits to boost banks' asset quality

[2017-08-08 08:24]

Chinese banks' asset quality will likely improve as a profitable first half of the year will likely encourage corporate borrowers to repay loans, experts said.

Efficiency quest shrinks Walmart store size

[2017-08-08 08:24]

Walmart China is getting smaller in terms of store size to improve its efficiency and enhance convenience for shoppers.

China data to trigger a raise in the copper price

[2017-08-08 08:24]

Strong economic data and increased demand are driving up copper prices in China after they slumped by nearly 10 percent earlier this year.

Orient set to retain HQ, listing in HK

[2017-08-08 08:24]

New owner COSCO to operate shippers as two brands under one group

China Everbright joins rivals in Luxembourg

[2017-08-08 08:24]

China Everbright Bank will relocate its European business to Luxembourg after the United Kingdom leaves the European Union, which could be as early as 2019.

AI startups win record 19.3 billion yuan in financing

[2017-08-08 08:24]

China's artificial intelligence-focused startups received record financing of 19.3 billion yuan ($2.87 billion) in the first half of 2017, with mid-and late-stage deals dominating across the period, according to a recent report.

Central bank to regulate rapidly growing fintech

[2017-08-08 08:22]

China's central bank said it will strengthen regulation of companies engaged in financial technologies or fintech in a bid to prevent risks.

Two SOEs extend share suspension

[2017-08-08 08:22]

China's largest coal miner Shenhua Group and energy producer China Guodian Corp, which are mulling a merger, have extended suspension of trading in their shares for the fifth time.

With $1b war chest, Ping An set to become AI innovation giant

[2017-08-08 08:22]

Chinese financial giant Ping An Insurance (Group) Co will spend more than 7.77 billion yuan ($1.16 billion) on technology research and development this year, and artificial intelligence will be the focus of that R&D, according to a senior executive of the company.

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