More sectors are now open for foreign investment in China's 11 pilot free trade zones, ranging from helicopter manufacturing to financial services, the Ministry of Commerce announced on Thursday.
Chinese real estate giant Wanda closed a 470 million pound ($600 million) deal to buy a major piece of land in South London's Nine Elms area on Wednesday, the latest in a series of key Chinese investments in London property.
Buoyed by the success of the nation's ride-hailing and bike-sharing sectors, Chinese companies and consumers are set to benefit from the country's intensified efforts to drive the rapidly expanding sharing economy.
JD.com Inc, China's second-largest e-commerce player, said it will invest $397 million in London-based online fashion retailer Farfetch UK Ltd to further penetrate the luxury sector, amid fierce competition with Alibaba Group Holding Ltd.
Ocean Spray didn't realize that dried cranberries would be so popular with young women when it moved into the Chinese market two years ago.
Billionaire Pony Ma Huateng has called for the Greater Bay Area of Guangdong, Hong Kong and Macao to be turned into China's Silicon Valley and a "mecca for talent".
The head of Thyssenkrupp has plotted a new course for the German industrial giant in China, with an emphasis on high-tech components and clean energy projects
German insurance group, Allianz SE, helped turn around asset manager Pimco in the United States.
Business leaders from China and the United States attending a top level forum in Beijing on Wednesday urged the two countries to engage in full cooperation under the framework of the Belt and Road Initiative and multilateral financial institutions, such as the Asian Infrastructure Investment Bank.
Chinese authorities announced that the nation has lifted a 13-year import ban on some US boneless beef and beef on the bone, and industry insiders see it as a win-win result that is expected to drive the economic growth of both countries.
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