FAW-Volkswagen Opens USD241 Million Vehicle Test Site in China's Changchunyicaiglobal.com (Yicai Global) Aug. 20 -- FAW-Volkswagen Automobile, a joint venture between the China FAW Group and Germany's Volkswagen, has opened its CNY1.7 …
Qihoo 360, Israel to Set Up Joint Cybersecurity Technology Innovation Centeryicaiglobal.com (Yicai Global) Aug. 20 -- Chinese cyber-security company Qihoo 360 will team with Israel to set up the China-Israel Cybersecurity Technology …
ZTE, Chery to Form 5G Vehicle Joint Ventureyicaiglobal.com (Yicai Global) Aug. 20 -- Chinese telecoms equipment giant ZTE and Chery Automobile, China's largest passenger car exporter, have agreed to set up a …
China's Didi Chuxing Denies Autopilot Tie-Up With Nioyicaiglobal.com (Yicai Global) Aug. 20 -- Didi Chuxing has refuted a media report that claimed that China's largest car-hailing firm is planning on marrying its …
Tesla's Shanghai Gigafactory Wraps Up First Phase on Path to Finish Line by Year-Endyicaiglobal.com (Yicai Global) Aug 20 -- Tesla's Shanghai Gigafactory, the first of its kind overseas, has gotten the green light from inspectors in its first phase …
EF to Offer Language Coaching for Beijing Winter Olympicsyicaiglobal.com (Yicai Global) Aug. 20 -- Swedish teaching and training agency EF Education First will be the exclusive supplier of language coaching at the 2022 …
Mortgages Will Stay Stable Amid China's New Loan Prime Rate Mechanism, PBOC Vice-Chief Saysyicaiglobal.com (Yicai Global) Aug. 20 -- China's mortgage rates will remain steady despite the new market-oriented loan prime rate system, according to the deputy …
Rising Content Costs, Falling Ad Income Lift Video Firm iQiyi's 2nd-Quarter Losses to USD326 Millionyicaiglobal.com (Yicai Global) Aug. 20 -- Climbing content costs and shrinking ad revenue have increased the second fiscal quarter net losses of Chinese video …
UK Carrier Three Rolls Out Huawei-Powered 5G Serviceyicaiglobal.com (Yicai Global) Aug. 20 -- British telecommunications operator Three UK has launched its fifth-generation network in London, becoming the third …
China's Big Three Telecoms Deny Nobbling 4G to Spur 5G in Beijingyicaiglobal.com (Yicai Global) Aug. 20 -- Customer service staff at China's big three telecommunication operators China Mobile, China United Network Communications …
China's Market Interest Rates Are at Reasonable Level, PBOC Vice-Chief Saysyicaiglobal.com (Yicai Global) Aug. 20 -- China's current market rates stand at a reasonable level, according to the deputy governor of the nation's central …
China Fines Four for Saying CSRC Was Mulling Short-Selling Mechanismyicaiglobal.com (Yicai Global) Aug. 20 -- The China Securities Regulatory Commission has fined four people between CNY120,000 (USD17,000) and CNY200,000 for …
Shanghai's New FTZ 'Tesla Town' Lingang to Outpace China's GDP Growth Threefold, Official Saysyicaiglobal.com (Yicai Global) Aug. 20 -- The economic growth of the Lingang Area is expected to reach about 20 percent each year after the district, where Tesla's …
Automotive Industry China's Auto Sales Could Slide Further This Year, Think Tank Exec Saysyicaiglobal.com (Yicai Global) Aug. 20 -- China's auto sales could fall to between 24 million and 26 million this year as the nation's auto market continues to dip …
Baidu's 2nd Quarter Report Beats Expectations; Stock Price Jumps 8% in After-Hoursyicaiglobal.com (Yicai Global) Aug. 20 -- Chinese internet giant Baidu reported CNY26.3 billion (USD3.8 billion) in operating revenue, higher than the CNY25.8 …
Shanghai Shanghai's FTZ Extension Opens Doorsyicaiglobal.com (Yicai Global) Aug. 20 -- The Shanghai Pilot Free Trade Zone's extension into the Lingang Area opened today, with officials from the municipal and …
Li Ka-shing Li Ka-shing's CK Asset Cuts USD5.6 Billion Deal to Buy Britain's Biggest Pub Chain Greene Kingyicaiglobal.com (Yicai Global) Aug. 20 -- The stock price of Greene King jumped after Chinese property developer CK Asset Holdings, founded by Hong Kong's wealthiest …
Loans China Sets Loan Prime Rate Benchmarks at 4.25%, 4.85%yicaiglobal.com (Yicai Global) Aug. 20 -- China's National Interbank Funding Center set the country's first new market-oriented loan prime rate benchmarks at 4.25 …
Shanghai Shanghai's Top 100 Firms Snagged USD993 Billion in Revenue Last Yearyicaiglobal.com (Yicai Global) Aug. 20 -- Shanghai's 100 biggest companies combined to make almost CNY7 trillion (USD993 billion) in revenue in 2018 The figure was up …
Xiaomi Xiaomi, Oppo, Vivo to Launch AirDrop-Like Phone Feature This Monthyicaiglobal.com (Yicai Global) Aug. 20 -- Chinese phonemakers Xiaomi, Oppo Mobile Telecommunications, and Vivo Communication Technology will join hands to allow …
Huawei License Extension Does Not Mean US Has Treated It Justly, Huawei Saysyicaiglobal.com (Yicai Global) Aug. 20 -- The US Department of Commerce re-extended outlawed Huawei Technologies Temporary General License yesterday, thus delaying …
Pensions State Pension Fund's ROI Fell to 2.56% Last Year Amid China's Stock Slumpyicaiglobal.com (Yicai Global) Aug. 20 -- China's basic pension insurance fund, a key long-term investor in the country's financial markets, logged a return on …
China's Online Ride-Hailing Market May Pick Up by 2021, Bain Saysyicaiglobal.com (Yicai Global) Aug. 20 -- China's online ride-hailing market is expected to recover in the next few years after stalling in the wake of passenger …
China Chinese NEV Startup Lixiang Raises USD530 Million Led by Meituan Founderyicaiglobal.com (Yicai Global) Aug. 19 -- Electric car startup Lixiang Automotive has raked in USD530 million in C-round financing, some USD300 million of which came …
Private Equity China's M&A Deals Log Steepest Half-Year Decline in a Decade, PwC Saysyicaiglobal.com (Yicai Global) Aug. 19 -- The value of mergers and acquisitions involving Chinese mainland companies in the first six months of 2019 marked the …
Guangxi China Starts Initial Work on Kunming-Shenzhen High-Speed Rail Linkyicaiglobal.com (Yicai Global) Aug. 19 -- China has begun preliminary work on a high-speed railroad between the cities of Kunming in Yunnan province and Shenzhen in …
ByteDance Bytedance Takes Controlling Stake in Baike, Baidu's Online Encyclopedia Rivalyicaiglobal.com (Yicai Global) Aug. 19 -- A subsidiary of Bytedance Technology, the Chinese company behind the popular short-video app TikTok, has become the legal …
China Telecom China Telecom Provides CIIE 5G Subway Coverageyicaiglobal.com (Yicai Global) Aug 19 -- China Telecom Shanghai has started the construction of a fifth-generation wireless communication network for Shanghai's …
SVG SVG to Invest USD256 Million in Flexible Touch Screen Factoryyicaiglobal.com (Yicai Global) Aug. 19 -- Chinese photoelectronics manufacturer SVG Tech Group plans to invest CNY1.8 billion (USD256 million) to set up a flexible …
Guangdong Province Wal-Mart Plans to Add 100 New Guangdong Stores in Next Five Yearsyicaiglobal.com (Yicai Global) Aug. 19 -- Walmart intends to add another 100 stores in Guangdong, China, over the next five years as it looks to support development …
