Baidu Doubles down on AI, Hires Former Microsoft Executive Qi Lu

Baidu has taken its AI efforts to next level as it announced hiring former Microsoft executive Qi Lu ... read more

Audi to Introduce New Electric Vehicles in China

Audi announced its plan to sell more electric vehicles in China. It is also looking to promote ... read more

China’s Big Cities to Grow Slower in 2017

Some of the biggest cities in China are targeting slower growth rate this year. The slowdown will ... read more

Essilor, Luxottica Agree $49B Merger Deal

Essilor of France announced on Monday the $49 billion merging deal with Luxottica Group of Italy ... read more

GM's Cadillac Upbeat about Double-Digit Sales Growth in China for 2017

General Motors Co's (GM) luxury car division Cadillac Motors is upbeat about its sales prospect in China for the current year, expecting sales to continue growing at double digit growth rate. But ... read more

President Xi Urges Swiss Business Leaders to Fight Trade Protectionism

Chinese President Xi Jinping met with Swiss business leaders in the capital city of Bern on Monday, underscoring the Chinese and Swiss ... read more

Alibaba Resorts to ‘Big Data’ to Track Fake Goods

Alibaba has decided to resort to 'big data' for solving the bane of counterfeit or fake goods that has casted shadow on the e-commerce giant for several years now. The e-commerce company has formed ... read more

China Takes Steps to Control Yuan Value Slide, Outlook Bleak

China has instituted various measure to contain the fall in the value of its currency. However, market experts believe that the slide is likely to continue despite these actions. The slowdown in ... read more

Volkswagen to Release 8 New Energy Vehicles in China: Report

German automaker Volkswagen is slated to launch eight New Energy Vehicles, including electric vehicles, plug-in hybrid units, and hydrogen cars, in China, Forbes reported citing a leaked product ... read more

EPA Accuses Fiat Chrysler of Using Emission Defeat Devices

The United States Environmental Protection Agency (EPA) announced on Thursday that it is pursuing Fiat Chrysler for allegations of illegally installing secret defeat software that allowed more than ... read more

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