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CRC buys more Fuxing bullet trains
Business2017-08-16 10:45August 20 2017 15:57:08

CRC buys more Fuxing bullet trains

China Railway Corp (CRC) recently bought 104 Fuxing (Revival) bullet trains following a deal in April, taking the total deal for Fuxing bullet trains to 154, caixin.com reported on Tuesday.

China calls for more investment in security in Sahel region
Business2017-08-16 10:45August 20 2017 15:57:08

China calls for more investment in security in Sahel region

China on Tuesday called for more investment from both regional countries and the international community to tackle rampant terrorist acts in the Sahel region in Africa.

China's financial sector more open to fintech: CFA Institute
Business2017-08-15 17:02August 20 2017 15:57:08

China's financial sector more open to fintech: CFA Institute

China's financial sector has shown more openness to new technology than many developed markets

Internet companies launch AI contest with largest open data pool
Business2017-08-15 16:04August 20 2017 15:57:08

Internet companies launch AI contest with largest open data pool

Wang Xiaochuan, founder and CEO of Sougou, Lee Kai-fu, founder and CEO of Sinovation Ventures, and Zhang Hongjiang

Asia-Pacific needs 253,000 new pilots by 2036: Boeing
Business2017-08-15 16:04August 20 2017 15:57:08

Asia-Pacific needs 253,000 new pilots by 2036: Boeing

More than 253,000 new pilots will be needed in the next 20 years for the surging Asia-Pacific aviation market, Boeing China announced Monday.

Facebook launches new photo app exclusively in China
Business2017-08-15 15:23August 20 2017 15:57:08

Facebook launches new photo app exclusively in China

According to the New York Times, in May Facebook discreetly launched a photo-editing app called Colorful Balloons

Belt and Road connect platform launched at Singapore Regional Business Forum 2017
Business2017-08-15 15:23August 20 2017 15:57:08

Belt and Road connect platform launched at Singapore Regional Business Forum 2017

Singapore Business Federation (SBF) and China Enterprises Association (CEA) jointly launched the Belt and Road Initiative Connect Platform at the Singapore Regional Business Forum (SRBF) 2017 opening on Tuesday.

Russian ice cream producers eye Chinese market, gain high demand
Business2017-08-15 15:01August 20 2017 15:57:08

Russian ice cream producers eye Chinese market, gain high demand

Russian ice cream

New housing market suffers for another week
Business2017-08-15 14:31August 20 2017 15:57:08

New housing market suffers for another week

Shanghai’s new housing market continued to lose its strength with a double-digit decrease in sales and zero supply for the second straight week.

New home transactions in China rise at slower pace
Business2017-08-15 14:31August 20 2017 15:57:08

New home transactions in China rise at slower pace

The value and area of new home transactions across China rose more slowly in the first seven months of this year as the market entered into a traditional low season for sales.

Output slows but economy keeps in good shape
Business2017-08-15 14:31August 20 2017 15:57:08

Output slows but economy keeps in good shape

Growth in China’s industrial output, retail sales and fixed-asset investment slowed slightly in July with the economy remaining in good shape while supply-side reform deepened, the National Bureau of Statistics said yesterday.

Economic indicators lower, but resilient
Business2017-08-15 12:29August 20 2017 15:57:08

Economic indicators lower, but resilient

China's major economic indicators weakened slightly in July

Pharma companies eye U.S. acquisition
Business2017-08-15 12:29August 20 2017 15:57:08

Pharma companies eye U.S. acquisition

Rival Chinese groups in the same sector line up to bid for same targetOutbound Chinese pharmaceutical companies are cons

CSRC launches 'largest-ever' check on futures companies to ensure market stability
Business2017-08-15 12:29August 20 2017 15:57:08

CSRC launches 'largest-ever' check on futures companies to ensure market stability

The China Securities Regulatory Commission (CSRC) has launched its "largest-ever" spot check on futures traders

Sinopec goes big on geothermal
Business2017-08-15 12:29August 20 2017 15:57:08

Sinopec goes big on geothermal

Refiner to create 20 smokeless cities by replacing coal with clean energyState-owned China Petroleum & Chemical Corp

People's Daily slams debt problems at firms, mentions Wanda, LeEco
Business2017-08-15 12:29August 20 2017 15:57:08

People's Daily slams debt problems at firms, mentions Wanda, LeEco

Chinese newspaper People's Daily highlighted the importance of the real economy in China

Behind the wheel with China's electric car drivers
Business2017-08-15 11:48August 20 2017 15:57:08

Behind the wheel with China's electric car drivers

Beijinger Sun Hao has owned his plug-in hybrid electric vehicle for three years

China voices 'grave concern' over Trump's trade probe
Business2017-08-15 11:48August 20 2017 15:57:08

China voices 'grave concern' over Trump's trade probe

China's Ministry of Commerce (MOC) on Tuesday morning (local time) voiced "grave concern" over US President Donald Trum

Oil giant to wrap up key reforms by Nov
Business2017-08-15 11:48August 20 2017 15:57:08

Oil giant to wrap up key reforms by Nov

A worker from China National Petroleum Corp checks the figures on a gauge

Nation on track for 5 maglev lines by 2020
Business2017-08-15 10:38August 20 2017 15:57:08

Nation on track for 5 maglev lines by 2020

China will operate more than five magnetic levitation rail lines with maximum speed of 160 kilometers per hour in cities including Chengdu, Wuhan and Guangzhou by 2020, manufacturer CRRC Dalian Co Ltd said on Monday.

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