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Lego to double number of stores in China
Business2019-02-25 09:05March 21 2019 19:48:17

Lego to double number of stores in China

Danish toy maker Lego is planning to double its number of stores in China.

Game-streaming platform Douyu planning US IPO for $500m
Business2019-02-21 09:11March 21 2019 19:48:17

Game-streaming platform Douyu planning US IPO for $500m

It's reported that Douyu has secretly applied for an IPO on the Nasdaq.

Alibaba raises stake in investment bank CICC
Business2019-02-20 09:09March 21 2019 19:48:17

Alibaba raises stake in investment bank CICC

China's e-commerce giant Alibaba Group has raised its stake in Hong Kong-listed shares of investment bank China International Capital Corporation (CICC), according to an exchange disclosure on Tuesday.

Chinese vice premier heading to U.S. for 7th round of trade talks
Business2019-02-19 09:25March 21 2019 19:48:17

Chinese vice premier heading to U.S. for 7th round of trade talks

President Xi Jinping's Special Envoy and Vice Premier Liu He is heading to Washington for the seventh round of high-level economic and trade consultations from February 21 to 22 at the invitation of the U.S. side.

China remains largest holder of U.S. Treasuries
Business2019-02-18 09:16March 21 2019 19:48:17

China remains largest holder of U.S. Treasuries

After decreasing for six consecutive months, China's holdings of U.S. Treasuries slightly rebounded to 1.123 trillion U.S. dollars in December, according to data released Friday by the U.S. Department of the Treasury.

China suspends registration and approvals of direct selling
Business2019-02-15 09:12March 21 2019 19:48:17

China suspends registration and approvals of direct selling

China has suspended the registration and approvals of direct selling and cracked down on irregularities in the health product market, the Ministry of Commerce (MOC) said Thursday.

Former PBOC governor wins UK's 2019 Central Banking lifetime achievement award
Business2019-02-14 09:06March 21 2019 19:48:17

Former PBOC governor wins UK's 2019 Central Banking lifetime achievement award

Zhou Xiaochuan, the former People's Bank of China (PBoC) governor, has been given a lifetime achievement award from the British publication Central Banking Journal. Zhou is the sixth recipient of a lifetime achievement award from the journal.

Chinese telecom companies upbeat ahead of 5G roll-out
Business2019-02-13 09:03March 21 2019 19:48:17

Chinese telecom companies upbeat ahead of 5G roll-out

Leading Chinese telecom companies are forging the way into the 5G era with 5G data terminals and smart phones expected to launch this year.

Chinese shares jump on 1st trading day of Year of Pig
Business2019-02-12 09:04March 21 2019 19:48:17

Chinese shares jump on 1st trading day of Year of Pig

China's major stock indices ended notably higher Monday as investors greeted the Year of the Pig in China's lunar calendar with bullish sentiment.

China Merchants Bank reports over 100 mln saving accounts
Business2019-02-11 09:03March 21 2019 19:48:17

China Merchants Bank reports over 100 mln saving accounts

China Merchants Bank reported over 100 million savings accounts, the first domestic joint-stock bank to reach that threshold.

China solicits opinions on industry catalog for encouraging foreign investment
Business2019-02-08 07:09March 21 2019 19:48:17

China solicits opinions on industry catalog for encouraging foreign investment

China has started to solicit public opinions on a new industry catalog aimed at encouraging foreign investment as part of the effort to push forward opening-up.

Chinese-made electric buses arrive in Ecuador
Business2019-02-07 10:54March 21 2019 19:48:17

Chinese-made electric buses arrive in Ecuador

Ecuador has received its first fleet of Chinese-made electric buses designed to modernize urban public transit and improve sustainability in Guayaquil, the country's main port and second most populous city, with some two million residents.

Facebook says Apple is restoring a key developer tool
Business2019-02-01 14:17March 21 2019 19:48:17

Facebook says Apple is restoring a key developer tool

Facebook says Apple is restoring its access to a key development tool that the iPhone maker disabled Wednesday.

Guangdong province continues to lead China in GDP
Business2019-01-31 09:52March 21 2019 19:48:17

Guangdong province continues to lead China in GDP

South China's Guangdong province recorded year-on-year economic growth of 6.8 percent, growing to 9.73 trillion yuan ($1.4 trillion) in 2018.

Apple profit stable as service gains offset iPhone slump
Business2019-01-30 09:19March 21 2019 19:48:17

Apple profit stable as service gains offset iPhone slump

Apple said Tuesday that profits held steady in the most recent quarter, with revenue growth in music, movies, apps and other services offsetting slumping iPhone sales, sparking a rally in shares of the California tech giant.

China's industrial profits up 10.3 pct in 2018
Business2019-01-29 13:45March 21 2019 19:48:17

China's industrial profits up 10.3 pct in 2018

Profits of China's major industrial firms maintained steady growth last year, the National Bureau of Statistics (NBS) said Monday.

China consumer trend index grows in Q4: report
Business2019-01-28 10:39March 21 2019 19:48:17

China consumer trend index grows in Q4: report

An index measuring China's consumer confidence increased steadily in the fourth quarter of 2018 as the economy continued to see stable growth, a research report showed.

Apple announces debut of Microsoft Office in online App Store
Business2019-01-25 09:23March 21 2019 19:48:17

Apple announces debut of Microsoft Office in online App Store

Apple Inc. announced Thursday that Microsoft Office 365 is available for the first time on Mac App Store where Apple users can download directly the signature apps such as Word, PowerPoint and Excel that are popular in Microsoft Windows system.

China's public budget expenditure hits record high
Business2019-01-24 09:30March 21 2019 19:48:17

China's public budget expenditure hits record high

China's public budget expenditure reached a record high while revenue grew steadily, official data showed Wednesday.

Starbucks rolls out delivery service for coffee drinkers
Business2019-01-23 09:20March 21 2019 19:48:17

Starbucks rolls out delivery service for coffee drinkers

Starbucks is expanding its delivery service and aims to offer it at nearly one-fourth of its U.S. company-operated coffee shops.

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