BERLIN - Eintracht Frankfurt boss Niko Kovac will become the next coach of Bayern Munich in succession to Jupp Heynckes but the swoop will cost the Bundesliga champion more than two million euros ($2.5 million), German media reported on Thursday.
The 2018 and 2019 Champions Trophy, or Trophée des Champions, will be held in the southern Chinese city of Shenzhen, officials announced on Thursday.
MILAN - AC Milan's Chinese owner Li Yonghong insisted on Thursday he remains committed to the Serie A club as he marked the first anniversary of his takeover.
Top-level competition can be a precarious business as this week's selection of our favorite sports pictures illustrates.
The World Bank raised China's GDP growth forecast for this year to 6.5 percent on Thursday, up from 6.4 percent in its last forecast in January. Analysts said the Chinese economy may gradually bottom out this year, with quality of growth continuing to improve.
The Ministry of Commerce will accelerate the implementation of opening-up measures that President Xi Jinping pledged at the Boao Forum for Asia Annual Conference 2018 and seek enhanced cooperation with Belt and Road economies and international organizations, a top official said on Thursday.
China released a national guideline on road tests for self-driving vehicles on Thursday, as part of a broader drive to accelerate the development of the technology and gain the advantage in commercializing such vehicles.
A unit of Chinese internet giant Tencent Holdings Ltd has teamed up with State-owned Chongqing Changan Automobile Co to develop business related to smart and connected vehicles.
The country's digital economy accounted for 32.28 percent of its gross domestic product in 2017 and remained an important pivot for the country's economic growth, a new report said on Thursday.
The National Development and Reform Commission, the country's top economic regulator, will push forward mixed-ownership reforms by encouraging foreign and private capital to pour into State-owned enterprises to advance the reform and restructuring of the SOEs.
LOS ANGELES - On the heels of China's box office coup in the first quarter of 2018, beating out US grosses and catapulting it to the top of the global box office for the first time, Hollywood is exploring how to adapt to the changing landscape of a "world's largest market" that is not its own.
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Raymond Zhou
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Chen Weihua
