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Roaming fees to be cut

Roaming fees to be cut

CHINA’S top telecommunication carriers will cut international roaming fees in countries along the Belt and Road from the Labor Day holiday. China Unicom, the country’s No. 2 mobile carrier, said yesterday ...

April 28, 2017, Friday


Shanghai to have biggest office sector in China

Shanghai to have biggest office sector in China

SHANGHAI is set to surpass Hong Kong as the largest office market in China when 11 million square meters of Grade A space will be available by 2020, real estate service provider JLL said in a latest report. Around ...

Cherry Cao | April 28, 2017, Friday


US steel probe breaches fair trade principles

US steel probe breaches fair trade principles

CHINA’S steel industry group has voiced concern over the US probe on steel imports, saying the move sends a signal of protectionism and is against the principles of fair trade. The announcement by China ...

April 28, 2017, Friday


Chinese industrial profits slow in March

Chinese industrial profits slow in March

PROFITS at China’s major industrial companies rose slower in March, damped by excessive hikes in raw materials prices and easing profit growth in coal, oil and steel industries, the National Bureau of ...

Feng Jianmin | April 28, 2017, Friday


C919 to get airworthiness certification from Europe

C919 to get airworthiness certification from Europe

CHINA’S homegrown passenger jet C919 is likely to receive airworthiness certification from the European aviation safety regulator, a key step for the narrow-body aircraft to enter the Western market, ...

Yang Jian | April 28, 2017, Friday

More News


Tax guidelines for “Belt and Road” countries

Tax guidelines for “Belt and Road” countries

THE State Administration of Taxation today released a batch of 40 guidelines of taxation issues in countries along the Belt and Road initiative to facilitate outbound investment of Chinese companies. The ...

Feng Jianmin | April 28, 2017, Friday


Shanghai stocks up today but still lose for the week

Shanghai stocks up today but still lose for the week

SHANGHAI stocks eked out small gains today as market sentiment improved with positive policy stimuli. The Shanghai Composite Index edged up 0.08 percent to 3,154.66 points. For the week, the gauge lost ...

Hu Yumo | April 28, 2017, Friday


Chinese smartphone vendors outperform in Q1

Chinese smartphone vendors outperform in Q1

CHINESE home-grown smartphone vendors gained market shares in the first quarter and served as catalysts while top players Samsung and Apple slight lost shares, research firm IDC said today in a report. In ...

Zhu Shenshen | April 28, 2017, Friday


China’s imports to stay strong in H1 on commodities and electronics

China’s imports to stay strong in H1 on commodities and electronics

CHINA'S imports from Asian countries are likely to remain strong until the second half this year supported by strong demand for commodities and smartphones, Nomura analysts said today. Rob Subbaraman, ...

Feng Jianmin | April 28, 2017, Friday


Didi Chuxing nets US$5.5 billion investment for AR technologies

Didi Chuxing nets US$5.5 billion investment for AR technologies

CHINA'S leading ride-hailing application Didi Chuxing said it has completed a US$5.5 billion financing to replenish its investment in artificial intelligence technologies. The funding round has drawn ...

Ding Yining | April 28, 2017, Friday


Positive and negative lists for prepaid cards issuers

Positive and negative lists for prepaid cards issuers

TWENTY-SEVEN firms in Shanghai have been named and shamed for malpractice in managing their single-purpose commercial prepaid cards schemes. Shanghai Prepaid Card Association today announced the names ...

Feng Jianmin | April 28, 2017, Friday


AIA’s new China chief

AIA’s new China chief

HONG Kong-based insurer AIA Group announced the appointment of Fisher Zhang as new China CEO in a series of handover process as the group's CEO and president Mark Tucker is set to leave for HSBC later ...

Feng Jianmin | April 28, 2017, Friday


Alibaba Pictures bets on movie derivatives

Alibaba Pictures bets on movie derivatives

ALIBABA'S movie division Alibaba Pictures is eyeing increasing income from movie derivatives after it established a partnership last year with Bandai Namco Entertainment Inc for the licensed merchandise ...

Ding Yining | April 28, 2017, Friday


Bad loans in Shanghai’s banks drop to a 4-year low in Q1

Bad loans in Shanghai’s banks drop to a 4-year low in Q1

BAD loan ratio of banks in Shanghai dipped to a four-year low in the first quarter of 2017, the city's banking regulator said today. Non-performing ratio decreased to 0.6 percent by the end of March, ...

Leng Cheng | April 28, 2017, Friday


26 on trial over China P2P fraud

26 on trial over China P2P fraud

TWENTY-SIX executives of a Chinese online peer-to-peer lender stood trial in Beijing on Wednesday and Thursday after allegedly cheating the public out of a huge amount of money. Anhui Yucheng and Yucheng ...

April 28, 2017, Friday


 

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