Companies
Huawei, Guizhou to deepen partnership in big data area2019-05-28
Huawei Technologies Co will deepen its partnership with Guizhou province in digital governance, data centers and smart city projects, as the Chinese tech heavyweight leverages the southwestern province's resources and booming big data industry to lower costs and fuel growth.
Huawei reportedly gets nod to help build British 5G network2019-04-25
The United Kingdom has given the green light to Chinese telecom giant Huawei Technologies Co to help build the country's next generation mobile communication technology network, said the Daily Telegraph newspaper.
China's Fosun expected to bid for UK travel firm2019-04-23
Chinese conglomerate Fosun International is considering a bid for all or part of United Kingdom-based travel company Thomas Cook, according to reports.
ExxonMobil inks supply deal with Zhejiang Energy for 1m tons of LNG2019-04-23
US-based ExxonMobil Corp announced a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas supply on Monday, under which Zhejiang Energy is expected to receive 1 million metric tons of LNG annually over 20 years.
Cargill to boost Jilin corn processing unit2019-04-23
Cargill Inc, the US-based agricultural conglomerate, will invest $112 million to expand the capacity of its corn processing facility in Songyuan in northeastern China's Jilin province, its global head said on Monday.
Amazon to shift focus of its business in China2019-04-19
US-based tech giant Amazon.com Inc plans to shut down its third-party seller services on its Chinese online marketplace in July as it shifts its focus to the more lucrative businesses of cross-border e-commerce, cloud services and e-reader devices in the country.
Chinese company signs new contract to build Moscow metro line2019-04-17
China Railway Construction Corporation Limited (CRCC) signed a contract with a local company on Tuesday to build a section of a subway line in southwest Moscow.
Short-video site TikTok expresses ‘confidence’ as it faces ban in judicial India2019-04-16
Chinese short-video platform TikTok on Tuesday expressed confidence in India's judicial system, after India's Supreme Court refused to stay a lower court order to ban the Chinese app from the Indian market.
GreyBird Ventures invests in Chinese med-tech company JF Healthcare2019-04-16
American venture capital firm GreyBird Ventures signed an agreement with Chinese med-tech company JF Healthcare on Monday, pledging an investment of 5 million U.S. dollars to help the company develop intelligent technologies for better diagnosis at the community level.
Ctrip seeks bigger Japan presence via local railway operator tie-up2019-04-16
China's biggest online travel agency Ctrip is seeking wider inroads into the Japanese tourism market by inking a partnership with a local railway operator.
State Grid Corp makes major strides in clean power2019-04-12
State Grid Corp of China, which runs the majority of China's electricity distribution networks, said its clean power generation installed capacity has reached 550 million kilowatts, 73 percent of the nation's total capacity of 700 million kilowatts.
Lenovo charts way ahead with smart technology2019-04-11
Chinese PC maker Lenovo will push ahead its new strategy in three areas of smart technology-smart IoT, smart infrastructure and smart verticals, the company's CEO announced at the company's annual kickoff meeting in Raleigh, North Carolina, on Tuesday.
Unigroup has 1st 5G chipset for IoT devices2019-04-10
Chinese technology conglomerate Tsinghua Unigroup has unveiled its first 5G chipset for the internet of things devices, as it strives to pounce at the big opportunities brought by fifth-generation mobile communication technology.
JD delivery staff facing pay cuts2019-04-10
Chinese e-commerce giant JD is reducing salaries for its delivery staff across the country by adopting a commission-based payment scheme and reducing benefits, in a bid to reduce costs and boost margins after three senior executives of the company announced their resignation.
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