Tencent buys 5% Tesla stake in AI drive2017-03-30
Tencent Holdings Ltd's investment in electric car maker Tesla Inc, announced on Tuesday, highlights the internet giant's strategic focus in artificial intelligence-backed applications, notably in the realm of smart vehicles, experts have said.
UPS adds six new stations to key Euro-China container transport2017-03-29
United States logistics delivery giant UPS announced on Tuesday that it would add six more stations to its multimodal container rail service between Europe and China, saying it was responding to rising demand for goods deliveries along the route and that railway freight services had proved more cost efficient than other solutions.
HNA 'in talks' to gain control of Forbes2017-03-29
Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of Forbes magazine's publisher, two sources with knowledge of the matter said.
MTR expands UK presence2017-03-29
Hong Kong-based MTR Corp has significantly expanded its presence in the United Kingdom rail sector, as a partner in a consortium that won a seven-year and 2.6 billion pound ($3.3 billion) contract to run one of Britain's busiest and largest commuter networks.
PwC launches excellence center2017-03-29
Attracted by China's booming startups and investment environment, accounting firm PricewaterhouseCoopers on Tuesday opened a China Centre of Excellence in Shenzhen, Guangdong province.
CRRC bonanza as railcars to supply US rail systems2017-03-29
Chinese railcars will soon be humming along both coasts of the United States, after Beijing-headquartered China Railway Rolling Stock Corp signed deals with various US transport authorities.
Unigroup gets funds to boost chip drive2017-03-29
Beijing-based chip company Tsinghua Unigroup Ltd signed deals on Tuesday that would grant it up to 150 billion yuan($21.8 billion)in financing, enabling it to champion the country's efforts to develop homegrown chips.
Jilin group sets goal of putting 60 satellites in orbit by 20202017-03-28
A private company in Jilin province-Chang Guang Satellite Technology Co-aims to launch 60 satellites into orbit by 2020. This is part of the province's push to renovate its manufacturing industry and transform itself into an aerospace technology hub.