Business

Ucar, a ride-hailing app launched by Hong Kong-listed China Auto Rental (Car Inc), has led a 2.2 billion yuan (US$324 million) investment into a Tesla-challenger in China, making its foray into automobile manufacturing.

China's auto sales shrank for a second month in May amid weak demand following a rise in the sales tax, an industry group reported Monday.

Police also said the leaked data included the names, Apple identification numbers and phone numbers of Apple users.

Beijing airs allegations involving whistleblowing businessman living in New York as subordinates are tried for fraud in unusually open proceedings.

We underestimate China — and attribute all of its surge in growth to unfair trade practices — at our peril. China has been fast and smart at adopting new technologies, particularly the mobile internet.

Western countries are underestimating China’s new Silk Road project, which is an important scheme, despite concerns it is too China-centric and so far lacking in opportunities for foreign firms, Germany’s ambassador to China said on Thursday.

The Alibaba Group signaled on Thursday that for all the global worries about China’s rising debt and bloated state industries, its economy still enjoys a strong pillar of support: online shoppers.

A U.S. business lobby in China said on Thursday that Washington should use leverage afforded by China’s desire to avoid trade frictions with the United States ahead of its Communist Party Congress this fall in order to fix market access...

India's primary concern about the initiative is the “flagship” China Pakistan Economic Corridor leg that runs through Pakistan occupied Kashmir. Despite this concern, an OBOR white paper in May declared CPEC as a flagship project.

Zambian authorities have detained 31 Chinese citizens on suspicion of illegal copper mining, according to Chinese officials who have formally complained about the arrest.

China's foreign currency reserves rose again ahead of a possible U.S. interest rate hike that might put new pressure on Beijing's exchange rate controls.

While Trump is a serial liar, his broad complaint that China is not playing fair on trade and has grown in some areas at the expense of U.S. and European workers has merit and needs to be addressed — now.

Trade between Russia and North Korea increased by 73% during the first two months of 2017 compared to the same period the year before, boosted mostly by increased coal deliveries from Russia, according to Russian state-owned news site Sputnik.

Last Thursday (May 29), Mr. Li Keqiang’s “dream team” became “golden partnership” as he presented in Berlin a glowing report card on a lucrative alignment between “Made in China 2025” – an innovation-driven manufacturing – and Germany’s “Industry 4...

A trove of Chinese trademark applications filed by Ivanka Trump’s namesake business is focusing attention once again on the ethical complications presented by the Trump family’s business ties.

“Some of the major Chinese companies are some of the most sophisticated deep learning and data companies in the world.”

Acquisitive insurer sees plans stymied by financial controls and political infighting.

The Chinese are eager to fill the void that Washington is leaving around the world on everything from setting the rules of trade and environmental standards to financing infrastructure projects.

Beijing is in prime position to capitalize on major policy fissures that have emerged between Europe and the Trump administration on climate, trade and defense. The new dynamic will be on full display on Thursday in Brussels, when Chinese Premier Li...

The daughter of two Canadian winery owners being held by Chinese authorities over an alleged customs valuation dispute says the case should serve as a warning for other Canadians hoping to do business in China.

A labor activist working undercover investigating abuses at a Chinese factory that makes Ivanka Trump shoes has been detained by police and two others are missing, raising concerns the company’s ties to the U.S. president’s family may have led to...

A group of Senate Democrats has sent a letter to U.S. President Donald Trump requesting information about a raft of trademark approvals from China this year that they say may violate the U.S. Constitution’s ban on gifts from foreign governments.

Roughly three months ahead of a BRICS summit to be held in China, Russian analysts saw immense potential to increase and diversify economic cooperation between Russia and China.

Hospitals and a new generation of medical tourism companies are luring well-heeled Chinese patients away from an overburdened health care system.

A report issued by the Ministry of Commerce on Thursday said China may buy further goods from the U.S., including crude and refined oil products, cotton and machine tools.

China has granted President Trump preliminary approval for another trademark in apparel, expanding business interests that have already generated criticism over potential conflicts.

The real benefits of OBOR to China could be the international clout it stands to gain as its attempts to spearhead international policy and improve relations with OBOR partner countries.

Moon will be attempting to start the healing process Thursday, when South Korean special presidential envoy Lee Hae-chan meets with Chinese Foreign Minister Wang Yi, and two more senior officials Friday.

China’s decision not to invite Singapore’s Prime Minister Lee Hsien Loong to last weekend’s Belt and Road Forum highlights the still-strained ties between the two countries, observers say, though officials in the Lion City have tried to shrug off...

Jack Ma, Alibaba’s founder, will host a conference in Detroit next month to help small businesses learn about the company.

There are more U.S. multinationals in Russia than there are Russian multinationals in the U.S.. Moscow and Beijing are nowhere near as close as Beijing is to Washington, but Russia stands more to gain by the Silk Road than the U.S. if not for...

Chinese President Xi Jinping has called for the world to reject protectionism and promote free trade in the latest attempt by Beijing to take up the mantle of globalization since the election of U.S. President Donald Trump.

India’s main objection is the partnership China is developing with Pakistan. The China-Pakistan Economic Corridor, a key component of One Belt, One Road -- passes through the disputed region of Kashmir, which both India and Pakistan claim in its...

Chinese President Xi Jinping and 29 other heads of state on Monday reaffirmed their commitment to build an open economy and ensure free and inclusive trade, under the ambitious Belt and Road initiative led by Beijing.

The Trump administration will eventually awaken to the fact that Beijing cannot, and has no desire to, deliver on North Korea.

Richard Painter, who was an ethics attorney for President George W. Bush, told NBC News last week that Saturday’s meeting in Shenzhen came “very, very close to solicitation of a bribe” and amounted to “corruption, pure and simple.”

President Uhuru Kenyatta of Kenya has called on China to rebalance an increasingly skewed trade relationship between Africa and the rising superpower, arguing that Beijing must do more to tackle a widening trade deficit.

Wilbur Ross made some startling claims after Thursday’s announcement of a 10-point agreement with China on trade. The U.S. Commerce Secretary boasted that the “herculean accomplishment” was “more than has been done in the whole history of U.S.-China...

China is pledging more than $100 billion to finance projects under its “One Belt, One Road” strategy, an ambitious initiative to strengthen the world’s second-largest economy’s investment, influence and trade links to the rest of the globe.

As China plans to build a raft of roads, rail lines, ports and airports across Asia, Africa and Europe, skeptics say Chinese companies will be the only real winners from the ambitious initiative.

North Korea’s missile launch Sunday came at a highly embarrassing time for China, its chief ally and economic partner. As Chinese President Xi Jinping prepared to inaugurate the Belt and Road Forum, Pyongyang fired a ballistic missile from a base in...

World leaders are gathering in Beijing this weekend for a big summit touting China’s infrastructure spending spree to connect Europe, the Middle East, Asia, and Africa. The project, known as the Belt and Road Initiative—or “One Belt, One Road” (OBOR...

Longtime China hand Peter Loehr will exit Beijing-based Legendary East at the end of the month, leaving another senior post to be filled at Dalian Wanda-owned Legendary Entertainment after the recent departure of founder Thomas Tull.

The conspicuous absence of the heads of state from the major Western economic powers and Japan at the belt and road summit this month in Beijing is a big mistake and a missed opportunity for enhancing dynamic and cooperative globalisation.

Construction of Boeing’s first overseas facility as part of its 737 production system started Thursday in the east China port city of Zhoushan. The construction will consist of two parts -- a Boeing 737 completion center and the delivery center. It...

Chinese audiences hotly follow U.S. actors and movies, but Americans “probably” don’t care much about Chinese movies, Zhang told CNBC. On the outside, maybe they’ve tracked a couple of stars like Bruce Lee, Jackie Chan or Jet Li, he said.

China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium...

China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said on Wednesday, days before Xi hosts a global forum on the initiative.

Over the weekend, there was the unseemly spectacle of Jared Kushner’s sister, Nicole Meyer, hawking golden visas to connected Chinese investors if they would put $500,000 into one of the Kushners’ real estate projects in Jersey City.