王天

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Tesla to deliver Model X to Chinese consumers ahead of schedule - Business

US electric-car maker Tesla Motors Inc plans to deliver in advance its Model X to Chinese customers at the end of the month, instead of the first …

Baosteel says it will brace for US legal battle - Business

Baosteel Group, which owns Baoshan Iron and Steel Co Ltd, China's largest and most advanced integrated steel manufacturer, has said it will defend …

China pushing for green transport revolution - Business

China will continue its "green revolution" to reduce transport-related emission, promoting excavation technology and electric cars, said vice …

Jack Ma cancels speech after row with anti-counterfeiting group - Business

<b>At least 3 members quit in protest over Alibaba's recent membership</b><p>Jack Ma, chairman of Alibaba Group Holding Ltd, has canceled a speech at an …

China's infrastructure plan not another stimulus: Economist - Business

BEIJING -- China's infrastructure spending plan is not comparable to the 2008 stimulus, a J.P.Morgan economist claims.<p>The Ministry of Transport and …

Charity ends at home

DENG XIAOPING once dismissed worries about unwanted foreign influence by saying that when you open a window, of course the flies come in, along with …

China moves to regulate real estate agencies - Business

BEIJING - Chinese authorities are formulating measures to strengthen regulations on real estate agencies, which have become a major source of …

Jack Ma confident in EU's economic recovery - Business

Alibaba Group chairman Jack Ma thinks Chinese companies should integrate and participate in local markets while going global.<p>"Globalization is not …

Lenovo sets up fund for startups - Business

Lenovo Group Ltd announced on Wednesday the establishment of a $500 million investment fund, seeking new growth points as the world's largest …

No need to worry—Elon Musk’s desk is right at the end of the Tesla production line

Tesla’s cars receive endless praise for their elegance and performance. The trick for the company will be to actually deliver thousands of cars on time with world-class manufacturing standards.<p>With that in mind, CEO Elon Musk used the company’s first quarter earnings call to reassure investors that …

Chinese bank launches first US credit cards - Business

NEW YORK - The Industrial and Commercial Bank of China (ICBC) USA launched its first US credit cards in New York on Tuesday, aiming to serve …

Walmart is finally catching up with the organic products boom

It started as a quick way to get organic food onto Walmart’s shelves and keep up with competitors.<p>Two years later the world’s largest retailer is ending its relationship with the Wild Oats organic food brand, reports <i>The Wall Street Journal</i>. The brand accounts for only some of Walmart’s organic food …

Private Equity

Get ready for your Uber driver to start asking you for cash

Uber is famous for telling users there’s no need to tip.<p>“You don’t need cash when you ride with Uber,” the company explains on its website. “Once you arrive at your destination, your fare is automatically charged to your credit card on file—there’s no need to tip.”<p>The implication is that you don’t …

Chengdu's Silicon Valley dream powers rise of startups - Business

Holed up in a shiny glass building in the Chinese city of Chengdu, Y. James Kang spends his days researching ways to repair damaged hearts, livers …

Foreign destinations make strong bid to lure Chinese travelers[1]

The spending power of Chinese tourists is now making foreign destinations work hard for their attention.<p>At the China Outbound Travel and Tourism …

Hainan duty-free sales surpass 19b yuan - Business

HAIKOU - An offshore duty-free program on the popular holiday island of Hainan has made more than 19 billion yuan ($2.94 billion) in its first five …

Chinese central bank calls for broadening use of IMF's basket of reserve currencies - Business

WASHINGTON - Chinese central bank governor Zhou Xiaochuan on Saturday called for broadening the use of the International Monetary Fund (IMF)'s basket …

US financial firms are eager to capitalize on Cuba

The reinstatement of diplomatic ties between the US and Cuba is expected give a big boost to the Cuban economy. US companies in the hospitality industry like Airbnb and Starwood clearly stand to benefit, but so do financial companies that can help businesses expand to the US and move money in and …

Cuba

A massive leak of documents connects Putin and other world leaders to offshore deals

Some 72 current or former heads of state, including Russia’s President Vladimir Putin, have been linked with secret offshore deals following a leak of 11 million papers from one of the world’s largest offshore law firms, Mossack Fonseca.<p>The documents suggesting Putin’s connection, first reported on …

Corruption

The art of sharing and growing - Business

Last year, more than 100 million people across 400 cites in China hailed 1.43 billion "taxi" rides using a mobile application, which used 14 million …

Google wants to Google Voice-ify your home phone

Google has a new service that might actually make you want a home phone.<p>The search giant is bringing aspects of Google Voice—a service that introduced email-like features to cell phones—to the home phone.<p>The new service is called Fiber Phone, and it’s powered by Google’s fiber internet service. …

China sets new online import tax rules to level playing field - Business

BEIJING, March 27 (Xinhua) -- China will change the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms …

Tibet plans for duty-free shops - Business

LHASA - China's Tibet autonomous region is applying to establish duty-free shops at selected entry ports to boost border trade and tourism, Lhasa …

China's economy showing signs of improvement: vice premier[1]

Chinese Vice Premier Zhang Gaoli (2nd from right) shows former US Secretary of State Henry Kissinger (2nd from left) and International Monetary Fund …

Fiscal revenue up 6.3% in Jan-Feb - Business

Driven by a turnaround in property market, China's fiscal revenue growth improved in the first two months of this year.<p>National fiscal revenue growth …

Official defends credibility of Chinese economic data - Business

BEIJING - A former head of China's National Bureau of Statistics has defended the country's official economic data against Western doubts on its …

China could raise budget deficit to 4% of GDP: central bank official - Business

BEIJING -- China could raise its budget deficit to 4 percent of GDP or even higher to offset the impact of reduced fiscal revenue and to support …

First domestic regional jet delivered - Business

<b>Seven routes planned to serve western areas; completion of 4 more aircraft expected in 2016</b><p>Commercial Aircraft Corporation of China delivered its …

China Railway Group wins Hungarian railway project - Business

BEIJING - China Railway Group Limited (CREC) announced one of its subsidiaries has won the Hungary-Serbia rail contract with another Chinese company …