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  • [News] Alibaba founders set up charity fund 2017-10-30
  • Chinese Internet entrepreneurs Jack Ma and Joe Tsai said the personal charitable trust will be funded by 2 percent of Alibabas equity, which they received as share options in the company last year. Alipay to issue online credit cards Alipay...
  • [News] Li Ning getting leaner, meaner, firm says 2017-10-30
  • Sportswear company Li Ning Co Ltd saw improvements in its operations in 2013. But the company needs more time to report concrete results, its management team said. The Chinese sportswear maker, named after the iconic gymnast who established...
  • [News] Tingyi 2013 net profit down 10.9% 2017-10-30
  • Tingyi Cayman Islands Holding Corp, Chinas largest food and beverage maker by sales, saw annual 2013 net profit fall 10.9 percent, missing forecasts, as slower economic growth weighed on increasingly price-sensitive shoppers. Tingyi, which...
  • [News] Huawei expects high growth potential in Middle East 2017-10-30
  • DUBAI - Chinas biggest provider of information and communication technology (ICT) Huawei said on Wednesday it expected its business for the Middle East region a growth of 36 percent per year until 2018. Speaking at a conference and networki...
  • [News] Shanghai Power acquires 33% of Maltese utility Enemalta 2017-10-30
  • VALLETTA - China and Malta have signed off on an energy deal that sees the rescue of the indebted Maltese energy utility and gives China a Mediterranean foothold in a future energy hub for the European Union. The landmark agreement signed o...
  • [News] Strike continues at IBM plant in China 2017-10-30
  • Workers at IBM Systems Technology Company (ISTC) in Shenzhen are protesting since March 3 against a compensation package they claim is unsatisfactory and determined without negotiation with workers. Twenty workers were fired in two batches...