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China / Business

JCC eyes boost from acquisition deal

[2019-12-11 00:00]

The earning strength and capital management ability of Jiangxi Copper Corp is expected to surge once it complete the acquisition of part of shares in Canada-based First Quantum Minerals Ltd in the coming months, analysts said.

China, S. Korea steel companies form JV

[2019-12-11 00:00]

The HBIS Group Co Ltd said it will partner with South Korea's largest steel company POSCO in setting up a joint venture in China to develop, produce and sell high-end steel products for the automobile industry, aiming to seize opportunities in the country's automobile market.

Nation to set up standard for facial recognition technology

[2019-12-11 00:00]

China has started to compile a national standard for facial recognition technology as its ubiquitous application triggered heated discussions about data security.

City offers Tesla 'template for future growth'

[2019-12-11 00:00]

Working for a boss as aspiring as Tesla Inc CEO Elon Musk could be one of the most difficult jobs one could ask for, as high turnover at the top at the electric carmaker is no secret.

State Grid's EV unit intensifies mixed ownership reform for enhanced vitality

[2019-12-11 00:00]

State Grid Electric Vehicle Service Co has made continued efforts to advance mixed ownership reform at different levels, and stimulate corporate vitality through such efforts, the company's general manager said.

Postal Savings Bank raises $4.04b from public float on Shanghai bourse

[2019-12-11 00:00]

Postal Savings Bank of China Co Ltd, the country's largest bank by the number of outlets, launched an initial public offering on the A-share market on Tuesday, as commercial lenders are under greater pressure to replenish capital due to regulatory tightening.

What's news

[2019-12-04 00:00]

GOVT AND POLICIES

Organic infant formula makers test new waters as sales soar in China

[2019-12-04 00:00]

Organic infant formula sales continued to be the mainstay of high-end infant food product sales in China, as a growing number of parents are opting for safe and natural products in the country, experts said.

High-quality development, more reforms, opening-up key to economic growth

[2019-12-04 00:00]

BEIJING-Facing increasing global complexities and waves of tech revolution, China has outlined its blueprint for higher-quality growth with deeper reform and wider opening-up measures.

Gree Electric steps on reform pedal

[2019-12-04 00:00]

Shares of China's largest air conditioner maker Gree Electric Appliances Inc closed at its highest level in three weeks on Tuesday after the company announced its State-owned parent company Gree Group sold a 15 percent stake in the subsidiary, a move that will boost the company's market competitiven

BUSINESS

[2019-12-04 00:00]

Bloomberg

Huawei shifting R&D center from US to Canada

[2019-12-04 00:00]

Huawei Technologies Co Ltd is planning to shift its research center to Canada from the United States, as the Chinese tech giant readjusts its business layout amid restrictions from Washington.

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