Companies that would like to setup in China will benefit from a more efficient corporate registration process by the end of October this year. The State Administration for Industry and Commerce (SAIC) released an opinion…
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China's Didi to raise up to $6 billion, values firm at $50 billion: sources
Didi Chuxing declined to comment. The last valuation for Didi was $34 billion in August when it agreed to acquire Uber Technology Inc’s China business following a drawn-out rivalry between the two firms. The deal…
Push for South China Sea Code Stirs ASEAN Suspicions About Beijing's Endgame
MANILA — China’s support for finalising a code of conduct in the hotly contested South China Sea is generating some hope in Southeast Asia of settling disputes, but those working out the terms remain unconvinced…
China's Financial Crackdown Wins Backing From Mobius to Fidelity
China’s escalating campaign to clean up its financial system is winning plaudits from some of the world’s biggest investors. Templeton Emerging Markets Group and Fidelity International are among money managers who’ve endorsed a raft of…
China banks miss out on US investment banking bonanza
What is holding the banks back is the way Beijing controls the top lenders to manage the supply of credit to the Chinese economy. Industrial and Commercial Bank of China, Bank of China, Agricultural Bank…
China just launched its first domestically built aircraft carrier
China’s first domestically built aircraft carrier seen at its launching ceremony in Dalian, China, on Wednesday. REUTERS/Stringer BEIJING — China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as…
China just launched a new aircraft carrier — here's how it stacks up to other world powers'
China cracked a bottle of champagne on the hull of their second aircraft carrier on Wednesday as it took to the seas for the first time as part of a massive push to modernize its…
China's richest man deepens sports foray with global marathons deal
Wanda has helped lead China’s push into organized sports and sports marketing, as the government advances its goal of turning the sector into a 5 trillion yuan ($725.63 billion) business by 2025. Continued… View article…
China sentences American businesswoman to 3 1/2 years in prison for spying
HOUSTON — An American woman detained during a business trip to China was convicted of spying and sentenced Tuesday to 3 1/2 years in prison, raising the possibility that she may be allowed to return…
China Unicom, Nokia Run Virtualized BNG Trial for Residential Broadband Services
Nokia and China Unicom are conducting a live trial in China Unicom’s commercial network using the Nokia Virtualized Services Router (VSR). The trial involves more than 5,000 residential subscribers and allows China Unicom to simplify…
China jails American businesswoman for spying
Sandy Phan-Gillis, a resident of Houston, has been in custody in China since March 2015 when she was detained during a business trip with officials from Texas. One of her lawyers, Shang Baojun, said she…
China Mobile to cut roaming charges along Silk Road
China’s leading telecom services provider, China Mobile, today said that it will lower roaming charges in 64 countries and regions along the Silk Road. Starting May 1, roaming fees for calls made by China Mobile…
China to relax foreign car venture limit
China has provided the clearest indication to date that it plans to lift the cap on how much foreign carmakers can own of their local joint ventures, putting pressure on Chinese carmakers to speed up…
