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FAW-Volkswagen opens new proving ground in northeast China
Sino-German joint venture FAW-Volkswagen has put its new proving ground into use in the north of Changchun.
Chinese video streaming service iQIYI posts revenue growth in Q2
China's leading online entertainment platform iQIYI reported a 15 percent growth in second-quarter revenue amid a strong rise in subscriber numbers.
Germany's Bayer sells animal health business for 7.6 bln USD
Bayer AG will sell its animal health division for 7.6 billion U.S. dollars to the U.S.-based company Elanco Animal Health Inc.
Chinese search giant Baidu reports stronger-than-expected quarterly revenue
The company's total revenue for the second quarter reached 26.3 billion yuan (about 3.84 billion U.S. dollars), rising 1 percent year over year.
Huawei opposes U.S. decision to add another 46 affiliates to Entity List
Chinese tech giant Huawei on Monday opposed the U.S. decision to add another 46 Huawei affiliates to the Entity List.
U.S. Department of Commerce extends Huawei reprieve for another 90 days
The U.S. Department of Commerce will extend a temporary license loosening restrictions on business deals with Huawei for another 90 days.
Walmart to add 100 stores in Guangdong in next 5 years
Retail giant Walmart is expected to add 100 new stores in south China's Guangdong Province in the next five years.
China courier giants post strong revenue growth in July
SF Holding reports its revenue from the express delivery business rise 19.1 percent year on year to 8.34 billion yuan last month.
Sina Weibo net revenue edges up in Q2
Chinese social media giant Sina Weibo reported net revenue of 431.8 million U.S. dollars in the second quarter of 2019, up one percent year on year.
CEO of Cathay Pacific Airways resigns
Rupert Hogg has resigned as the CEO and Paul Loo has resigned as the chief customer and commercial officer with effect from Aug. 19.
Tsingtao Brewery posts 25 pct profit growth in H1
Tsingtao Brewery Co., Ltd. posted a 25.2 percent year-on-year growth in net profit in the first half of 2019.
Alibaba reports strong revenue growth in 1st fiscal quarter
China's e-commerce powerhouse Alibaba's revenue in the first quarter of the 2020 fiscal year soared by 42 percent year-on-year to 114.9 billion yuan.
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