China Railway Rolling Stock Corp, the country's railway vehicle and equipment manufacturer and exporter, announced on Thursday that it will build a plant in Canada to further expand its marketing channels in North America.
China's demand for gold bars and coins soared 30 percent year-on-year to 105.9 metric tons in the first quarter of this year, the fourth strongest quarter on record, according to report released by the World Gold Council on Thursday.
The traditional frugality of Chinese people and their high rate of household savings are being challenged by the younger generation, who are motivated to spend with borrowed money, a new study has found.
China's State Council has asked the country's big commercial banks to set up "inclusive finance" departments by the end of the year to offer small businesses and low-income households financial services at affordable costs.
Having served more than three decades at the world's biggest oil producer, few know better than Amin Nasser about Saudi Arabian Oil Company, also known as Saudi Aramco.
E-commerce powerhouses in China are extremely bullish about strengthening trade ties and invigorating economic activities in economies along the Belt and Road Initiative, industry observers said.
Apple Inc reported a drop in revenue in China for its fiscal second quarter ended April 1, the fifth consecutive quarter of decline in the region, caused by ever-growing competition from local rivals.
China National Petroleum Corp, the country's largest oil and gas producer, has pumped the first crude oil through the China-Myanmar oil pipeline and the oil is expected to arrive in China within three weeks, the energy giant said on Wednesday.
Chinese media owners, especially the internet ones, are quickly catching up with their international counterparts in terms of advertising income.
FRANKFURT/BEIJING - HNA Group Co, the Chinese aviation-to-hotels conglomerate, increased its stake in Deutsche Bank AG to almost 10 percent, overtaking Blackrock Inc as the top shareholder in Europe's biggest investment bank.
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Raymond Zhou
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Chen Weihua
