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China / Business

Plastic is fantastic for Chinese company in US

[2017-06-27 07:58]

Thousands of colored and transparent straws whirled through machinery, each getting wrapped in paper sleeves to keep them sanitary.

China beefs up its trading operations

[2017-06-27 07:58]

Government officials and lobbyists in Pennsylvania want Chinese investors to know that the state is more than just a neighbor to New York and New Jersey.

WuXi PharmaTech helps boost Philadelphia's biotech sector

[2017-06-27 07:58]

When WuXi PharmaTech bought App Tec Laboratory Services Inc in Philadelphia for $151 million in 2008, it became one of the biggest foreign investors in a city where biotech was a hot sector.

Commercial real estate to see boom in capital flows

[2017-06-26 07:30]

Chinese commercial realty sales are expected to reach 260 billion yuan ($38 billion) by 2020, up 45 percent from the 2016 level, underlining huge investment potential in the sector, an industry report showed.

Luxury products shine as Chinese turn brand-savvy

[2017-06-26 07:30]

BEIJING - Chinese consumers are becoming increasingly sophisticated and brand-savvy, underpinning a fast-growing market for luxury products, according to an Italian luxury material manufacturer.

Mexico's avocado growers eye mainland

[2017-06-26 07:30]

URUAPAN, Mexico - When talk turns to China, the destination of avocados, Elena Roman lights up, carefully packing the fruits at a plant in the west-central Mexican state of Michoacan. "It's nice to think they are going to travel as far as there, it's exciting to know that," Roman, 40, said in the small verdant town of Uruapan.

Private investment growth may slow

[2017-06-26 07:30]

Investable assets in China's private wealth market will continue to grow this year, but the annual growth rate will be lower, an industry report said.

Wanda Film rolls again

[2017-06-24 07:45]

Shares in Wanda Film Holding, which crashed almost 10 percent on Thursday, recovered 3.6 percent to close at 53.80 yuan ($7.87) on the Shenzhen Stock Exchange on Friday.

Internet majors, banks edge closer to fintech success

[2017-06-24 07:45]

China's internet giants that forayed into online finance are now joining hands with banks, their perceived competitors, to succeed together in the booming financial technology or fintech sector.

Unicom denies Alibaba and Tencent are picking up stakes

[2017-06-24 07:45]

State-owned China United Network Communications Group, better known as China Unicom, denied a media report that internet majors Alibaba Group Holding Ltd and Tencent Holdings Ltd will be among its new investors.

Wheels come off bike-sharing firm

[2017-06-24 07:45]

CHONGQING - A bike-sharing startup has gone bust after less than five months, despite being named after Wukong, the omnipotent Monkey King, in the Chinese classic Journey to the West.

IN BRIEF

[2017-06-24 07:45]

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