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China / Business

Market law review underlines delisting

[2017-03-11 07:25]

Perfecting the system of delisting stocks and strengthening of efforts to crack down on illegal activities in the capital markets will be highlights in the second review of the revision of the Securities Law, said a member of the Standing Committee of the National People's Congress, China's top legislature.

Get focus right to achieve a grand vision

[2017-03-10 07:26]

Michael Kaschke has a relentless focus, vision and passion for his company. Which is understandable, given that he is president and CEO of Carl Zeiss AG, one of world's biggest optical and optoelectronic solutions suppliers.

Adidas boss plans fast-fashion business to catch up with rivals

[2017-03-10 07:26]

HERZOGENAURACH, Ger-many-Adidas AG's new chief executive officer is doubling down on surging sales of casual sneaker lines like Stan Smith and Tubular to trans-form the German sportswear maker into a fast-fashion business and gain ground on larger rival Nike Inc.

HK to draw more mainland buyers

[2017-03-10 07:26]

Chinese mainland property developers have been massively expanding their business in Hong Kong in recent years, turning into another strong investment force in the Hong Kong land market, and the trend is expected to continue, according to analysts.

New round of oil M&As on horizon

[2017-03-10 07:26]

With world oil prices appearing to have stabilized, analysts said they believe there could be a new round of merger-and-acquisition activities in the sector - as Chinese oil companies took advantage of relatively low asset prices to enter the arena and become active players.

CGGC plugs into project in Pakistan

[2017-03-10 07:26]

China has contracted to build a hydroelectric power project in Pakistan, with the first phase of investment reaching $2.5 billion.

Tsinghua to develop chips with UK company

[2017-03-10 07:26]

Beijing - Tsinghua Unigroup Ltd is teaming up with Britain's Dialog Semiconductor Plc to develop smartphone chips, in a deal that will help the Chinese technology giant expand its growing semiconductor empire.

Qatar royals, HNA to boost stakes in Deutsche Bank

[2017-03-10 07:26]

Frankfurt - Qatar's royal family and China's HNA Group Co, two of Deutsche Bank AG's biggest investors, plan to buy shares in the lender's 8-billion-euro ($8.4 billion) rights offer with a view to increasing their stakes, according to sources.

CPI sees its slowest pace in two years

[2017-03-10 07:26]

China's consumer price index, a key gauge of retail inflation, rose 0.8 percent last month, the slowest growth in two years, due to the distortion caused by the timing of the Chinese Lunar New Year.

Qualcomm ups ante with fresh funds for Guizhou venture

[2017-03-10 07:26]

US chip giant Qualcomm Inc has upped the ante in its joint venture in the Guizhou province, pouring another 1 billion yuan ($144 million), together with the local government, into Guizhou Huaxintong Semiconductor Technology.

Province plans AI-enabled computing center

[2017-03-10 07:26]

Guizhou province in southwestern China plans to build an artificial intelligence-enabled computing center, as the world's largest radio telescope, located in the province, is expected to start a test run in the second half of this year, a senior local official said.

Mobile internet powers app industry

[2017-03-10 07:26]

China's booming mobile internet is playing an increasingly key role in supporting the growth of its mobile app industry, according to the latest annual report released on Thursday by App Annie, the US-based mobile analytics company.

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