Tencent drops 4% on Naspers' stake-cut plan

Shares of Tencent Holdings Ltd experienced a record intraday fall on Friday, as its largest backer announced a holdings cut plan for the first time in nearly two decades.

PetroChina net profit surges on oil rally

China National Petroleum Corp, or PetroChina, the country's largest oil producer, said its production and operations remained stable in 2017 with profits almost triple the previous year as earnings from exploration and production overcame asset write-downs.

Jahwa's goal to become global cosmetics leader

Having celebrated the 120th anniversary of its founding, Shanghai Jahwa United Co Ltd - China's most historical consumer goods company - is looking to not only secure its leading position in its home market, but also rise to become a globally competitive player with the likes of L'Oreal and Proctor& Gamble.

Smart meteorology can help better manage weather-related risks

Friday is the 58th World Meteorological Day. It has the theme "Weather-Ready, Climate-Smart", which reflects meteorology's key role in mitigating the negative effects of extreme weather and climate events, and protecting lives and property.

Taking baton of reform

The reform and opening-up set in motion 40 years ago was a "crucial move" for the country, Xi Jinping, general secretary of the Communist Party of China Central Committee, stressed in October.

Restructuring to benefit public

The Communist Party of China Central Committee released the plan for the restructuring of Party and State institutions on Wednesday.

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Trump igniting a trade war he can't win

Robert Zoellick, a former US Trade Representative and head of the World Bank, once said: "Trade was more about politics than economics". Indeed, international trade among nations is all about business, but once politicians step in, it becomes polarizing with unexpected consequences that could lead to a trade war.

Innovation in the times of quality growth

There is much talk about China's capabilities to innovate, its innovation policy and the growth that can be expected to result: What kind of growth and how much of it?

Trump trying to fool US public with tariff claims

Anyone who believes that there is unanimous support in the United States for the Trump administration's proposed Section 301 tariffs on China should refer to the House of Representatives hearing on Wednesday when US Trade Representative Bob Lighthizer was grilled.

Rest of the world must stand together to prevent trade war

The world's major financial leaders rejected protectionism at their meeting in Argentina on Tuesday, but failed to exorcise the specter of the trade war being materialized by the protectionist moves of the United States.

China-Myanmar ties will continue to prosper

Although Myanmar President U Htin Kyaw abruptly resigned on Wednesday saying he needed a rest, the move, which comes amid reports that the 71-year-old is in ill health, is unlikely to affect the political situation in the Southeast Asian country too much. First Vice-President U Myint Swe, a retired general, will temporarily step into the executive role for now, with Htin Kyaw's successor to be selected by parliament within seven days.