Alibaba's Jack Ma is now China's Richest Man, Surpasses Wanda's Wang Jianlin: Forbes

Alibaba's Jack Ma has surpassed Wanda Group Chairman Wang Jianlin as the richest man in China, ... read more

China's C919 Aircraft Could Land in Africa, Germany, Thailand

Preliminary forecasts suggested that China's first jet liner will only likely find its way in the ... read more

Macau Launches Facial Recognition Tech for UnionPay ATMs

Macau is requiring users of China's UnionPay bank card to present their identity card and pass a ... read more

Local Chinese Carmakers Hit Lowest Recall Record in 2016; Could Signal Underreporting

Local Chinese carmakers reported the lowest record of total recalls in 2016, accounting for only 1 percent. The figure, which represents only a minute fraction of its 41 percent share on the overall ... read more

China’s Ford Sales Down by 21%

Ford Motor faced a serious speed breaker in the Chinese market during the first quarter of the current financial year as the U.S. auto giant has reported a sharp 21 percent decline in sales. ... read more

Alibaba's Ant Financial Forms Partnership with Indonesia's Emtek

Alibaba's payment affiliate Ant Financial Services has formed partnership with Indonesia's Emtek Group. read more

China to Likely Increase Hollywood Film Quota After Trump Deal: Researcher

China will likely increase its quota for Hollywood films as part of its trade deal with the United States, a Chinese government researcher said. read more

Dalian Wanda Creates Investment in China's Healthcare Industry

Dalian Wanda Group Co Ltd has announced its plan of investing CNY 70 billion ($10 billion) in a health park located at Sichuan Province, southwest of China. read more

China's Dongfeng, Nexteer Team up to Produce Power Steering Systems

China's Dongfeng Motor Group Co Ltd will team up with auto parts maker Nexteer Automotive Group Ltd to create and produce electric power steering systems for Dongfeng passenger cars, Nexteer announced ... read more

Tesla Dismisses Alleged Plan to Build a Factory in Guangdong, China

Tesla has brushed reports that it plans to set up a factory in China's Guangdong province. read more

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