China's first unified, private credit-scoring company started operations Wednesday in the southern city of Shenzhen.
U.S. citizens born in the 1980s are at substantial risk of accumulating less wealth over their life spans than the members of previous generations, according to a study by U.S.-based Federal Reserve Bank of St. Louis.
Wang Yincheng, former president of the People's Insurance Company (Group) of China Limited (PICC), was sentenced to 11 years in prison Thursday for accepting bribes of over 8.7 million yuan (1.36 million U.S. dollars).
.S. President Donald Trump said on Wednesday that he has instructed Secretary of Commerce Wilbur Ross to consider initiating a national security investigation into automobile imports, a protectionist move that's likely to spark widespread opposition from American trading partners.
Tencent Cloud President Qiu Yuepeng announced Wednesday at the Tencent Cloud Summit that the company will provide artificial intelligence (AI) functionality for free, domestic news site cnstock.com reported Wednesday.
Amid a nose-dive of intimacy in trans-Atlantic relations, the United States and the European Union (EU) are set to show their hands in seven days to end or extend their heartbroken negotiation for EU's permanent steel and aluminum tariffs exemption.
A filing published by the World Trade Organization (WTO) showed Wednesday that India had launched a complaint against the United States over the imposition of import duties on steel and aluminium.
Foxconn Industrial Internet, a subsidiary of the world's largest contract manufacturer Foxconn, announced plans to raise up to 27.1 billion yuan ($4.26 billion) in what will be the biggest IPO in the Chinese mainland in almost three years.
Industrial automation and internet-connected technologies, encouraged by the Made in China 2025 strategy and Germany's Industry 4.0 concept, will generate new growth momentum for companies in both countries to build closer partnerships, according to senior company executives.
China has published plans to further deepen reform and opening-up in pilot free trade zones (FTZs) of three coastal areas to better business environment and push for wider opening to the world.