Panasonic is going to invest JPY50 billion, which is about CNY2.7 billion, to build an electric car battery factory in China. According to reports in Japanese local media, the Japanese company will cooperate with a……

China’s December economic activity may have stabilized at low levels and the country’s economy is likely to have expanded at 6.9% for 2015, as a result of recent growth support policies, ongoing property sales growth and still improving credit growth, predicts a research report by UBS AG. Average industrial production growth likely stabilized in the […]

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Hong Kong-listed real estate developer New World Development Co., Ltd. plans to make a second attempt to take its China property unit private, according to Bloomberg citing a person with knowledge of the matter. Trading of shares of New World Development and New World China Land Ltd., also listed in Hong Kong, was suspended today […]

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Baidu Inc. has launched a big data-based quantitative investment fund to exploit opportunities in the Chinese stock market, following announcements two months ago that it was to establish an Internet bank and an Internet insurance company, according to China’s National Business Daily. The Guojin Baidu Big Data Fund, which is backed by Baidu and Chinese […]

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China’s official manufacturing purchasing managers index (PMI), edged up to 49.7 in December, less than market expectation. Despite the uptick in December, the PMI has remained below the benchmark level of 50 for the fifth consecutive month, suggesting that manufacturing sector continued to contract. As the PMI has remained below 50 in the fourth quarter […]

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Faraday Future, an electric car start-up invested by Letv CEO Jia Yueting, has decided to build a factory in North Las Vegas, Nevada, with an investment of USD1 billion. Jia said in a letter to……

Taiwan-based Asus revealed in its third quarter financial report that the company achieved its goal of shipping 4.8 million laptops in the third quarter of 2015. Meanwhile, the company’s total mobile phone shipment was about……

Chinese B2C e-commerce website JD.com has cooperated with China Postal Express & Logistics, which is also known as EMS, to develop a cross-border e-commerce business around the world. Though JD adopts its own self-built logistics……

Foxconn plans to invest CNY300 million to build a new production base in Nanyang, Henan province. According to reports in Chinese local media, Nanyang Foxconn focuses on the manufacturing and sales of digital projectors, digital……

The European camera company known for providing devices to NASA’s Project Apollo has found a new Chinese investor. Chinese aerial imaging system technology provider Da-Jiang Innovations Science and Technology Co., Ltd. announced a strategic minority……