Diageo sees growth in whisky market

Diageo, the world's leading premium drinks company, is looking to become the biggest supplier of whisky by market share in China by the end of 2018, with a long-term goal of realizing 5 percent of its global sales of the brown liquid in the country in the next decade.

Balancing financial innovation, risk

BEIJING - In today's China, a quick response (QR) code is a must-have for retailing businesses. From grand department stores to food stands on street corners, they are put up everywhere to make things easier: by scanning the codes, people can pay for almost anything.

Forum in London to explore Belt and Road opportunities

Around 200 British and Chinese government representatives and business leaders will gather in London on Jan 18 to discuss opportunities related to the China-led Belt and Road Initiative and to talk about other business possibilities.

Topshop to open store in Shanghai

British fashion brand Topshop is opening its first flagship store in China in Shanghai this September.

Chinese drugmaker BeiGene shares soar on US market

The share price of Nasdaq-listed Chinese biopharmaceutical company BeiGene more than tripled in 2017 even though its products have not yet been put on the market, indicating investors' strong interest in the company's offerings.

E-commerce giants team up to reach female shoppers

China's second-largest e-commerce player JD and leading fashion e-commerce platform Meili Inc announced on Thursday the establishment of a new joint venture, as JD hopes to tap more female shoppers to compete with Alibaba Group Holding Ltd's Tmall.

Troubled tycoon asks wife to help settle financial woes

Chinese actress Gan Wei, better known as the spouse of beleaguered tycoon Jia Yueting, said on Wednesday that she would deal with the debt issues plaguing LeEco.

Domestic real estate market to consolidate this year

A new report by CRIC, a real estate research services provider, indicates that China's real estate market is going to become more consolidated in 2018, as large developers take up increasing shares of the sector.

Moutai renovates African school

Kweichow Moutai Group, a Chinese liquor producer, is sponsoring a school renovation project in an African country.

Silk venture to improve lives of Sichuan's poor

A Hong Kong-based clothing company has launched an organic silk planting base in a rural area in Sichuan province, as the company steps up efforts to get more involved in the mainland's poverty alleviation efforts.

Shoe seller steps up to stomp out poverty, help kids

Three years after Toms Shoes arrived in China and sold up to one million pairs of its canvas slip-ons in the country, Blake Mycoskie, the company's founder and CEO, thinks it's high time to remind consumers about the company's unique corporate social responsibility program.

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