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 ... 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 ... 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 ... read more

China’s Technology Giant Tencent is World’s 10th Biggest Firm

China's technology and gaming giant, Tencent, has been proclaimed as the world's 10th biggest company, surpassing America's financial magnate, Wells Fargo. In 2016, Tencent's stocks rose by to up to ... read more

China's JD.com to Open 150 Drone Delivery Operation Sites by 2020

Chinese e-commerce giant JD.com revealed on Thursday its plan to build 150 operation sites for unmanned aerial vehicle delivery in the southwestern province of Sichuan. JD.com CEO Richard Liu said the ... read more

Ford’s Ranger Pickup Trucks to hit Chinese Roads in 2018

U.S. auto giant Ford Motor is set to unveil its best seller F-series pickup trucks for the Chinese market in 2018. With this move, Ford is apparently trying to cash in on the Chinese government's ... read more

Volkswagen Reposes Faith in China With Investment in AI Start up

The Volkswagen Group China has invested US$180 million in series D round of funding in Mobvoi, a Chinese artifical intelligence (AI) start up firm that was founded in 2012 by a Google research ... read more

Alipay Becomes Available in Italy with UniCredit Partnership

Alipay has formed a new partnership with Italy's UniCredit to make the Chinese payment service available in the European country. read more

Huawei Wins Copyright Lawsuit Against Samsung Mobile

A Chinese local court on Thursday ordered Samsung Mobile to pay hefty fine to Huawei Technologies in a copyright infringement case. The verdict marks Huawei's first victory against its South Korean ... read more

ChemChina-Syngenta $ 43 Deal Gets a nod from EU Regulators

ChemChina on Wednesday crossed the major hurdle in its quest of the $ 43 billion takeover of the Syngenta AG, after the high profile deal got the nod from European Union regulators. read more

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Editor’s Pick

China to Increase Non-Fossil Fuel Consumption to 20% by 2030

China wants its non-fossil fuels to account for around 20 percent of its total energy consumption, increasing by over half of the current demand by 2050, the country's National Development and Reform Commission (NDRC) said on Tuesday. read more

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