A Chinese court has ruled Samsung Electronics Co Ltd's Chinese subsidiaries must pay 80 million yuan ($11.6 million) to Huawei Technologies Co Ltd for patent infringement.
Consumer electronics maker Hisense Group has become an official sponsor of the 2018 FIFA World Cup Russia, joining a group of Chinese brands in an effort to strengthen their global exposure and awareness.
China Huarong Asset Management Co Ltd, the country's biggest distressed debt manager, is accelerating the process of listing on the A-share market, hoping to use the proceeds from the share offering to expand its core business, its chairman said on Thursday.
A leading Chinese fishery company and the Dalian University of Technology have established a laboratory to develop underwater robots, which are expected to take the place of divers to catch precious seafood.
China needs to strengthen its efforts to boost the private sector in order to keep the economy on the right recovery path, a report by the Asian Development Bank said on Thursday.
Kevin Connelly, a seasoned corporate headhunter and managing partner and chief executive officer of US-based global headhunter Spencer Stuart, said he felt quite excited about fresh developments in his industry. He and his colleagues have been successfully using their expertise to source professionals globally for Chinese State-owned companies.
The planned Xiongan New Area received another boost when the country's largest State-owned investment holding company by volume said it would help accelerate its construction.
Hong Kong is eminently placed to contribute to, as well as benefit from, the grand plan to create a new economic zone in Hebei province, but efforts in that direction should go beyond stock market speculation, analysts said on Wednesday.
China's first high-speed railway project in Indonesia will push Southeast Asian countries to adopt Chinese standards in building the best quality rail networks, according to Zhou Zhiliang, chairman of China Railway Signal and Communication Co, on Wednesday.
An investment consortium led by sovereign wealth fund China Investment Corp has acquired a majority stake in a natural gas pipeline unit from Brazil's state oil company Petrobras SA.
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Raymond Zhou
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Chen Weihua
