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May 24, 2017

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Business > Asia > China
China's biggest online retailer, JD.com Inc., announced plans Monday to develop drone aircraft capable of carrying a ton or more for long-distance deliveries.
 
China said it will further open up its oil and gas sector to private investment as it seeks to overhaul an industry still dominated by a handful of state-run firms.
 
Chinese investors who failed in their bid to buy Hull City last year have succeeded in taking over Reading, who are one win away from the Premier League.
 
Xi says Silk Road plan boosts finance, security ties
Chinese President Xi Jinping called Sunday for closer cooperation among countries across Asia and Europe in areas from anti-terrorism to finance, as officials from dozens of governments met to promote a Beijing-led initiative to expand trade links across the region.
 
China's April exports rise less quickly than March
Chinese exports rose for the second consecutive month in April, official data showed on Monday, boosted by improving global demand, but at a slower pace than in the previous month.
 
Quotas charge up China's electric-car market
China's electric-car market is already the world's biggest, but a government proposal to introduce "new energy" vehicle quotas for automakers is further charging it up.
 
China's growth stabilized in the first quarter thanks to rising investments and a recovery in exports, experts said, though they warned the reprieve may be temporary.
 
Growth in China's auto sales plunged in March as demand for SUVs weakened and purchases of sedans contracted, an industry group reported Tuesday.
 
The price of ivory has fallen by nearly two-thirds in the last three years, according to research conducted in China and published on Wednesday by the conservation group Save the Elephants.
 
Vincent Siew to meet China vice premier in Boao Forum
Former Vice President Vincent Siew (蕭萬長) is set to meet with Chinese Vice Premier Zhang Gaoli (張高麗) after arriving in Hainan Province on Friday afternoon to attend the 2017 Boao Forum for Asia Annual Conference, according to sources closer to the matter.
 
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