China National Chemical Corp (ChemChina) is to buy Pirelli (PECI.MI), the world’s fifth-largest tire maker, in a 7.1 billion euro ($7.7 billion) deal that will… Read More »ChemChina to buy Italian tire maker Pirelli in $7.7 billion deal
An eastern Chinese port city on Friday saw the arrival of the country’s first parcels booked through overseas direct purchase and transported by sea. The… Read More »China opens sea shipping for overseas direct purchase in e-shopping push
The range of imported items available at duty-free shops in Hainan was increased on Friday in a bid to promote the island province as an… Read More »Hainan expands duty-free program to boost tourism
By re-manufactured products sold to foreigners, China and the world economy to make themselves reborn. In 1990, China’s share of global manufacturing output in less… Read More »Foreign media praised the “Made in China ” : both high and low
Chinese smartphone maker Xiaomi Inc. said that it will open a facility in Taiwan in the next few months to showcase its products and provide… Read More »Xiaomi to open new store this year
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