Business news: China market and economy, Finance, Auto, Stocks, IT, Manufacturing, Real Estate

Business

Making magic with Michelin: 30 years in China

French tire giant Michelin is committed to sustainable mobility with a focus on innovation to create a safe, green and accessible lifestyle for Chinese consumers....

April 22, 2019, Monday

Q1 growth boosts China economy

China will maintain policy support for the economy, which still faces “downward pressure” and difficulties after better-than-expected first-quarter growth, a top decision-making body of China has said...

April 22, 2019, Monday

‘Earth’ fuels growth of sci-fi goods

The rise of domestic Chinese sci-fi has brought about a boom in related merchandise....

April 22, 2019, Monday

BMW hit by airbag woes

BMW will recall 360,000 vehicles in China to replace defective airbags, according to a State Administration for Market Regulation statement....

April 22, 2019, Monday

Economic census aims to guarantee data accuracy

Statistician Wang Ting has spent nearly four months visiting businesses and collecting data on their operation, so is well placed to sense the changes in China’s economy....

April 22, 2019, Monday

Authorities flip switch for Tencent gamer move

Tencent has won a key approval to start selling the Nintendo Switch in China, paving the way for the console to enter the world’s largest video games market two years after it was first released world...

April 19, 2019, Friday

Radar steers way ahead for autos

Leading auto chipmaker NXP Semiconductors yesterday announced a strategic partnership with Chinese radar firm Hawkeye Technology to work on radar applications for smart driving....

Zhu Shenshen | April 19, 2019, Friday

Interest building up for 2nd import expo

Trade services providers vowed to better serve exhibitors at the second China International Import Expo in Shanghai in November....

Ding Yining | April 19, 2019, Friday

Forex flows steady, boost coming

China’s cross-border capital flows remained basically unchanged in March, official data showed yesterday....

April 19, 2019, Friday

Real estate off to a good start in 2019

Shanghai’s real estate investment market is off to a vibrant start in 2019 with transactions of major deals exceeding 90 billion yuan (US$13.38 billion) in the first quarter, property services provider...

Cao Qian | April 19, 2019, Friday

Luckin in US$150m fundraising

Chinese startup Luckin Coffee has completed its Series B+ round of financing worth US$150 million, the company said yesterday....

April 19, 2019, Friday

Nation’s FDI grows 8% to US$14.2b

Foreign direct investment into the Chinese mainland expanded 8 percent year on year to reach 95.17 billion yuan (US$14.2 billion) in March, the Ministry of Commerce said yesterday....

April 19, 2019, Friday

Amazon to shut China e-commerce operations

Amazon.com Inc plans to close its domestic marketplace in China by mid-July, people familiar with the matter said, focusing efforts on more lucrative businesses selling overseas goods and cloud services...

April 19, 2019, Friday

Focus on innovation, IPR at tech fair

SHANGHAI will focus on building a new pattern of open innovation, bring together global resources and talent, and strengthen intellectual property protection, the city’s Mayor Ying Yong said yesterday. ...

Huang Yixuan | April 19, 2019, Friday

Measures to reduce MSEs’ financing costs

CHINA will work to further reduce financing cost of micro and small enterprises, with an aim to increase outstanding loans offered by five large state-owned commercial banks to MSEs by more than 30 percent ...

April 18, 2019, Thursday

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