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Ctrip Q1 revenue growth beats expectations

Ctrip Q1 revenue growth beats expectations

2019-05-23 16:31

China's largest online travel agency Ctrip beat market expectations with its revenue growing 21 percent in the first quarter (Q1) this year.

Shandong Airlines requests compensation from Boeing for 737 Max grounding

Shandong Airlines requests compensation from Boeing for 737 Max grounding

2019-05-23 16:27

Shandong Airlines has officially requested compensation from the Boeing Company for economic losses.

Chinese tile-making firm to full production at 120 mln USD Zimbabwe plant

Chinese tile-making firm to full production at 120 mln USD Zimbabwe plant

2019-05-23 14:48

Chinese company Sunny Yi Feng Tiles (Zimbabwe), which operates factories 40 km from Harare, is expected to reach full production soon.

Online discount retailer Vipshop sees 7.3 pct revenue growth in Q1

Online discount retailer Vipshop sees 7.3 pct revenue growth in Q1

2019-05-23 14:13

Vipshop Holdings Ltd.generated total net revenues of 21.3 billion yuan in the first quarter of 2019, up 7.3 percent year on year.

Chinas 3 biggest airlines seek compensation over 737 Max grounding

China's 3 biggest airlines seek compensation over 737 Max grounding

2019-05-22 20:18

The three biggest airlines in China have all formally requested compensation from the Boeing Company.

China Southern Airlines asks Boeing for compensation over 737 Max grounding

China Southern Airlines asks Boeing for compensation over 737 Max grounding

2019-05-22 14:14

China Southern Airlines has filed a claim for compensation against the Boeing after the grounding and delayed delivery of the 737 Max aircraft.

Chinese drone maker denies U.S. accusations on data hacking

Chinese drone maker denies U.S. accusations on data hacking

2019-05-21 23:29

Chinese drone maker DJI on Tuesday denied U.S. accusations that Chinese-made drones are hacking sensitive flight data of their customers.

China Eastern Airlines seek compensation from Boeing over 737 Max grounding

China Eastern Airlines seek compensation from Boeing over 737 Max grounding

2019-05-21 22:43

China Eastern Airlines has filed a claim for compensation against Boeing after the grounding and delayed delivery of 737 Max aircraft since March.

Tech giant Xiaomi reports 27.2 pct revenue growth in Q1

Tech giant Xiaomi reports 27.2 pct revenue growth in Q1

2019-05-21 15:16

China's tech giant Xiaomi reported a 27.2-percent increase in revenue in the first quarter of this year.

E-commerce upstart Pinduoduo reports robust Q1 revenue growth

E-commerce upstart Pinduoduo reports robust Q1 revenue growth

2019-05-21 15:16

China's social e-commerce giant Pinduoduo reported soaring revenue growth in the first quarter of this year thanks to an expanding user base.

U.S. Commerce Department temporarily loosens restrictions on Huawei

U.S. Commerce Department temporarily loosens restrictions on Huawei

2019-05-21 13:40

The U.S. Department of Commerce on Monday issued a 90-day temporary license loosening restrictions on business deals with Chinese tech giant Huawei.

U.S. ban not to affect Huaweis high-end and 5G products: Ren

U.S. ban not to affect Huawei's high-end and 5G products: Ren

2019-05-21 11:38

The U.S. restrictions will definitely not affect Huawei's high-end products, particularly in the 5G sector, said Ren Zhengfei.

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