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China / Business

Private finance called vital for Belt and Road

[2017-08-06 13:55]

The Belt and Road Initiative calls for innovative financing methods to unlock private sector capital and enable its long-term sustainable development, according to Michelle Karavias, global head of infrastructure research at BMI Research, a subsidiary of the US rating agency Fitch.

The place to go when shopping for deals

[2017-08-06 13:55]

When Shanghai company DealGlobe emerged in 2015, its sole product was an app, available free from Apple's App Store, that served to connect financiers and entrepreneurs in Europe and China and facilitate mergers and acquisitions.

Internet connectivity must be more affordable, Li says

[2017-08-06 13:55]

Premier Li Keqiang urged the country's major telecom service providers on July 31 to implement faster internet connectivity and make it more affordable, while improving services for small and medium-sized businesses to help boost industrial upgrading and nurture new economic drivers.

The place to go when shopping for deals

[2017-08-06 13:55]

When Shanghai company DealGlobe emerged in 2015, its sole product was an app, available free from Apple's App Store, that served to connect financiers and entrepreneurs in Europe and China and facilitate mergers and acquisitions.

WeWork revs up expansion in China

[2017-08-04 09:20]

WeWork Cos, a global player that offers co-work spaces, says it will invest $500 million (426 million euros; £382 million) to expand its business and staff in China.

Next: E-vending machines for cars

[2017-08-05 07:03]

Imagine an online vending machine where you can buy the latest model from Audi, Mercedes-Benz or Maserati.

Telecom firms take cautious approach to 5G investment

[2017-08-05 07:03]

China's major telecom players are taking a cautious approach when it comes to 5G investment, an industry report has revealed.

Xiaomi scales pinnacle in wearables

[2017-08-05 07:03]

For the first time, Chinese technology giant Xiaomi Corp has leapfrogged Apple Inc to be the world's largest wearable product manufacturer, a new report said.

China and Brazil to upgrade ties

[2017-08-02 07:51]

China and Brazil signed a memorandum of understanding on Tuesday to diversify service trade to upgrade their commerce structure from commodity and goods exchanges.

Mobike to pedal into 200 global cities

[2017-08-02 07:51]

Chinese bike-sharing behemoth Mobike Technology Co Ltd is gearing up its overseas expansion, as the company aims to meet its ambitious goal of operating in 200 cities globally by the end of this year.

Alibaba to expand in telecom sector

[2017-08-02 07:51]

Chinese e-commerce giant Alibaba Group Holding Ltd is gearing up for expansion in the telecom sector, as it aims to meet the communication demand of millions of small and medium-sized enterprises across China.

Tian, 57, tipped for top post at CCB

[2017-08-02 07:51]

China Construction Bank Corp, the country's second-largest bank, has nominated Tian Guoli, head of Bank of China Ltd, as its next chairman, the bank confirmed on Tuesday.

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