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Google's sibling Waymo to start driverless car service next month
Business2018-11-16 16:43November 17 2018 14:27:51

Google's sibling Waymo to start driverless car service next month

Waymo, a subsidiary of Google's parent company Alphabet, will launch the world's first commercial self-driving car service in early December, according to Bloomberg.

Chinese online lender Weidai makes NYSE debut
Business2018-11-16 09:46November 17 2018 14:27:51

Chinese online lender Weidai makes NYSE debut

Weidai, which provides an auto-secured loan platform for small businesses in China, rang the New York Stock Exchange (NYSE) opening bell on Thursday in celebration of its initial public offering (IPO).

Chinese automaker Zotye plans to sell vehicles in US in 2020
Business2018-11-15 20:09November 17 2018 14:27:51

Chinese automaker Zotye plans to sell vehicles in US in 2020

Chinese automaker Zotye Auto said it plans to start selling vehicles in the United States in 2020.

China's industrial output up 5.9 pct in October
Business2018-11-14 10:46November 17 2018 14:27:51

China's industrial output up 5.9 pct in October

China's value-added industrial output, an important economic indicator, expanded 5.9 percent year on year in October.

China's Single's Day sales hit 1.4 bln USD in first 2 minutes
Business2018-11-11 11:03November 17 2018 14:27:51

China's Single's Day sales hit 1.4 bln USD in first 2 minutes

Another record-breaking "Singles Day" shopping promotion has taken place in China.

China's consumer inflation up 2.5 pct in October
Business2018-11-09 13:37November 17 2018 14:27:51

China's consumer inflation up 2.5 pct in October

China's consumer price index (CPI), a main gauge of inflation, rose 2.5 percent year on year in October, unchanged from that in September, data showed Friday.

China's imports and exports surge in Oct.
Business2018-11-08 14:43November 17 2018 14:27:51

China's imports and exports surge in Oct.

China's imports surged 26.3 percent year on year in October, while exports rose 20.1 percent, with the pace of growth both beating expectations, data showed Thursday.

Group to help private firms access financing
Business2018-11-05 09:27November 17 2018 14:27:51

Group to help private firms access financing

The All-China Federation of Industry and Commerce will beef up efforts to help private businesses address financing difficulties as part of a broader push to assist them in pursuing high-quality development, its top official said on Saturday.

Ford partners with Baidu to test driverless vehicle in China
Business2018-11-02 09:03November 17 2018 14:27:51

Ford partners with Baidu to test driverless vehicle in China

U.S. automaker Ford has teamed up with Baidu, China's equivalent of Google, for a two-year autonomous vehicle test project in China.

China's manufacturing activity remains stable in October
Business2018-10-31 11:10November 17 2018 14:27:51

China's manufacturing activity remains stable in October

China's manufacturing activity remains stable in October

China's Xiaomi surpasses Apple in sales in Israel
Business2018-10-25 10:41November 17 2018 14:27:51

China's Xiaomi surpasses Apple in sales in Israel

China's Xiaomi surpasses Apple in sales in Israel

U.S. Treasury says no major trading partner manipulates currency
Business2018-10-18 09:16November 17 2018 14:27:51

U.S. Treasury says no major trading partner manipulates currency

The U.S. Treasury Department said on Wednesday that no major trading partner of the United States manipulated its currency.

Mobike files lawsuit against Didi Chuxing over patent infringement
Business2018-10-10 19:43November 17 2018 14:27:51

Mobike files lawsuit against Didi Chuxing over patent infringement

Mobike, one of China's bike-sharing giants, has filed an eight million yuan claim for compensation against ride-hailing giant Didi Chuxing over alleged patent infringements, according to Chinanews.com.

China's English learning platform LAIX makes NYSE debut
Business2018-09-28 09:19November 17 2018 14:27:51

China's English learning platform LAIX makes NYSE debut

LAIX Inc., a Chinese English learning platform driven by artificial intelligence (AI) technology, rang the New York Stock Exchange (NYSE) opening bell on Thursday in celebration of its initial public offering (IPO), trading under the ticker symbol of "LAIX."

JD shares slump on new allegations against its CEO
Business2018-09-26 08:56November 17 2018 14:27:51

JD shares slump on new allegations against its CEO

Shares of Chinese e-commerce giant JD slumped 7.47 percent to $24.51 on the Nasdaq Stock Market on Tuesday, after Reuters reported more details about sexual assault allegations against the company's founder and CEO Liu Qiangdong.

Microsoft offers password-less, enhanced security tools for cloud service
Business2018-09-25 09:08November 17 2018 14:27:51

Microsoft offers password-less, enhanced security tools for cloud service

U.S. leading tech company Microsoft Corporation Monday unveiled a series of new enhanced security tools that help its users remember fewer passwords but better secure their accounts of Microsoft's cloud service.

BMW will stop selling diesel cars in America
Business2018-09-13 09:44November 17 2018 14:27:51

BMW will stop selling diesel cars in America

BMW spokesman, Alexander Schmuck, has announced that the company will stop selling its diesel-powered cars in American market next year. He was speaking at the press preview for the company's redesigned 2019 X5 crossover SUV in Atlanta.

Apple customers may pay price of trade tension
Business2018-09-12 10:09November 17 2018 14:27:51

Apple customers may pay price of trade tension

Apple Inc is likely to suffer greatly from the ongoing China-US trade tension, as experts said moving production of its iPhones from China to the United States could lead to a price rise of as much as 20 percent.

Chinese automakers seek growth in Russian market
Business2018-09-10 14:32November 17 2018 14:27:51

Chinese automakers seek growth in Russian market

Recent stats show that sales of Chinese cars are picking up steam in Russia after years of sluggish growth.

China's CPI up 2.3 pct, PPI up 4.1 pct in August
Business2018-09-10 14:30November 17 2018 14:27:51

China's CPI up 2.3 pct, PPI up 4.1 pct in August

According to data released by the National Bureau of Statistics on Monday, China's consumer price index (CPI), a main gauge of inflation, rose 2.3 percent year on year in August, compared with 2.1 percent for July.

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