Chinese computer maker Lenovo Group issued an internal letter on Wednesday rebutting the market rumor that it failed to back Chinese telecom company Huawei in setting global standards for the fifth generation mobile communications technology.
President Xi Jinping's special envoy, Vice-Premier Liu He, met in Washington on Wednesday with former U.S. secretary of state Henry Kissinger and several U.S. lawmakers.
The Russian State Duma, or lower house of parliament, passed on Thursday in the second reading an amended version of a bill authorizing the president to impose sanctions in response to economic restrictions adopted by the United States and its allies, as well as other "unfriendly states" against Russia.
China witnessed fast growth in new foreign-funded companies in the first four months this year thanks to policies that have boosted the confidence of foreign investors.
The Chinese government has demanded local authorities to halve the time required for starting businesses as part of efforts to improve the business environment and encourage entrepreneurship.
China hopes for positive and constructive outcomes from the ongoing Sino-U.S. economic and trade consultations, the Ministry of Commerce (MOC) said Thursday.
South Korean retail giant Lotte has sold its 72 supermarket stores and 15 properties for 1.665 billion yuan ($2.62 billion) to regional retailer Liqun Group from east China's Shandong Province, according to China.com.cn.
Real estate developers have shifted their focus to smaller nearby cities as tighter housing sales policies continue in China's large cities.
China's Guangzhou city is doing all it can to attract top financial professionals and other talents to join its ambitious program of building a global financial hub, a municipal official said Wednesday.
Mobile gaming drove Tencent’s profits up by 61 percent in the first quarter, topping expectations and dispelling concerns about tighter revenue margins.