BUSINESS >> Companies

PepsiCo receives 2019 charity title for nutrition program

At the 16th China Charity Ranking on April 28 in Beijing, the "PepsiCo Nutrition In Action" program jointly launched by PepsiCo Greater China Region (GCR) and China Foundation for Poverty Alleviation (CFPA) received the honorable title of the "Charity Program for 2019," acknowledging the program's remarkable contribution to the escalation of the nutritious condition and the health awareness of the young students in the poverty-stricken areas in southwestern China.
Source: Global Times | 2019/5/8 11:38:40

US "Big Three" automakers facing more challenges in China: auto expert

General Motors (GM), Ford and Fiat Chrysler Automobiles (FCA) are facing more challenges in China, said an auto industry expert on Monday at an Automotive Press Association event in Detroit, local media have reported.
Source: Xinhua | 2019/5/8 8:53:01

Hong Kong Disneyland granted funds to expand

The Finance Committee of the Legislative Council of the Hong Kong Special Administrative Region approved an application for 5.45 billion yuan ($806 million) to expand the Hong Kong Disneyland resort, Beijing Business Today reported Monday.
Source: Global Times | 2019/5/7 20:48:41

Phone maker Transsion confident in ability to compete ahead of planned IPO

Transsion Holdings, a Chinese phone producer that leads in the African market, has expressed confidence in its competition with Huawei and Xiaomi in its detailed response to the Shanghai Stock Exchange (SSE) on Monday. The company is seeking to list on the exchange's science and technology innovation board.
Source: Global Times | 2019/5/7 20:43:41

LinkedIn updates products for more localization in China

LinkedIn said Tuesday that it is making progress in localization in China, taking it from a platform connecting global professionals to a one-stop shop for career development with deeper understanding of professionals.
Source: Global Times | 2019/5/7 20:23:40

RMB internationalization 'a boost to emerging Asia forex trading': emerging market trader

Internationalization of the Chinese currency has significantly boosted the trading volume of currencies of emerging Asian markets (EM Asia) globally, a senior emerging market forex trader has said.
Source: Xinhua-Global Times | 2019/5/7 18:03:40

Chinese tech firms go public in US, powered by entrepreneurial vision, macro environment

A growing number of Chinese companies are going public in the US amid strong growth momentum powered by great entrepreneurial vision and China's macro environment, financial market insiders believe.
Source: Xinhua-Global Times | 2019/5/7 17:58:40

Berkshire's Munger confident about Boeing 737 Max

Berkshire Hathaway Vice Chairman Charlie Munger has said that the problem of Boeing's 737 Max jet will be fixed well, and that he surely will fly in the jet once it returns to commercial use.
Source: Xinhua | 2019/5/7 9:50:29

Chinese companies play important role in Pakistani economy: PM

Pakistani Prime Minister Imran Khan said on Monday that Chinese companies are playing an important role in the country's economy by contributing in revenue and creating job opportunities.
Source: Xinhua | 2019/5/7 9:04:34

Chinese economy resilient to external pressure: experts

China's economy is showing resilience and a healthy trajectory judging by many indicators, a situation that experts said can help the country withstand potential external blows, especially from the US.
Source: Global Times | 2019/5/6 22:03:40

Lenovo denies exploiting Chinese patriotic sentiment, says recalls don't discriminate

Chinese personal computer (PC) maker Lenovo said that it has never discriminated against Chinese consumers, refuting online claims that the company exploited patriotic sentiment in a series of product recalls.
Source: Global Times | 2019/5/6 20:38:40

Former Kweichow Moutai chairman relieved of key positions

Yuan Renguo, former head of China's leading liquor maker Kweichow Moutai Co, was relieved of his positions in government organizations, one year after he stepped down as chairman of Kweichow Moutai Group.
Source: Global Times | 2019/5/6 20:33:40

'China's Elon Musk' has big rocket dream, starts a new chapter after a launch failure

A close encounter with Elon Musk, the well-known US technology entrepreneur, came in October 2015, two months after Shu Chang's rocket start-up was founded. Shu and his team were inspired to continue pursuing their commercial space dream by the event at Tsinghua University featuring the SpaceX CEO.
Source: Global Times | 2019/5/6 16:55:16

CMG inaugurates media lab in Shanghai

The state-media conglomerate China Media Group (CMG) inaugurated on Sunday its 5G, 4K, and AI all-in-one media application laboratory in Shanghai and announced it will start filming a six-episode 4K ultra high definition documentary about the development and opening-up of Shanghai Pudong New Area over the past three decades.
Source: Global Times | 2019/5/6 16:33:40

China's listed firms spend more on R&D in 2018

Listed companies in China's A-share market saw robust growth in research and development (R&D) investment in 2018, according to the country's two major bourses.
Source: Xinhua | 2019/5/6 14:21:00

China's listed firms see steady revenue growth in 2018

Listed companies in China's A-share market saw steady growth in operation revenue in 2018, according to the country's two major bourses.
Source: Xinhua | 2019/5/6 14:19:22

Berkshire Hathaway holds annual shareholders meeting

Warren Buffett's Berkshire Hathaway Inc. held its annual shareholders meeting during the past weekend in the city of Omaha in the U.S. state of Nebraska.
Source: Xinhua | 2019/5/6 14:14:23

Boeing says assisting with probe after jetliner slides into Florida river

US aircraft manufacturer Boeing said Saturday that it is offering technical assistance in an investigation into the crash of a US commercial airplane in the state of Florida on Friday.
Source: Xinhua | 2019/5/6 9:17:55