China’s leadership is preparing to radically consolidate the country’s bloated state-owned sector, telling thousands of enterprises they need to rely less on state life support… Read More »China Prepares Mergers for Big State-Owned Enterprises
High-end electric vehicle maker Tesla Motors Inc on Monday said it is cutting jobs in China under a restructuring plan launched earlier this year, after… Read More »Tesla shedding jobs in China as sales target missed
China’s long-awaited international payment system to process cross-border yuan transactions is ready and may be launched as early as September or October, three sources with… Read More »Exclusive: China’s international payments system ready, could launch by year-end – sources
Carrefour SA, the world’s second-largest retailer by revenue, is expected to open 15 new hypermarkets in China this year and roll out more “convenience stores”… Read More »Carrefour to open 15 new hypermarkets in China
Motorola Mobility, a subsidiary of Lenovo Group Ltd, has received 2 million smartphone orders on the Chinese mainland, said Yang Yuanqing, CEO of Lenovo. The… Read More »Motorola notches up 2 million orders in China
China’s financial institutions made outbound direct investments of 91.37 billion yuan (about $15 billion) in other countries and received 68.03 billion yuan of direct investment… Read More »China’s financial institutions invest $15 bln abroad in 2014
Smartphone maker HTC plans its first move into the increasingly crowded virtual reality market with a new headset that it hopes will popularise the next… Read More »HTC to launch virtual reality headset
Emerging markets in Asia and Africa still reign supreme: They’re at the top of global growth projections over the next two years. The world is… Read More »The 20 Fastest-Growing Economies This Year
China aims to nurture five globally famed horologe brands through innovation in the next six years, it was announced Wednesday. China will further boost sales… Read More »China to nurture world-class timepiece brands
Uber Technologies Inc., provider of a mobile application that lets people book cars using smartphones, plans to hire hundreds of people in China this year… Read More »Uber Plans China Hiring Spree to Expand as Rivals Мерге