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Alibaba advances with its 'new retail' plan
E-commerce giant Alibaba Group Holding Ltd is penetrating deeper into the offline sector to build its "new retail" model. It spent an estimated but unspecified amount of over US$80.88 million for an 18 percent stake in Hong Kong-listed Lianhua Supermarket Holdings Co Ltd on Friday.
Rentals in China pick up as preowned home sales slow
An increasing number of homeowners in Shanghai are leasing out their properties rather than selling them, as the preowned homes segment has turned sluggish, analysts said.
Moody's cuts China's rating on debt fears
Moody's on Wednesday slashed China's credit rating for the first time in almost three decades citing concerns about the country's rising debt and slowing growth, but Beijing rejected the downgrade as "inappropriate."
Branding is emerging as an all-important pillar of the growth in value of Chinese companies - -particularly for those in the consumers products and high-tech sectors - according to research conducted by universities and market research firms in Shanghai who surveyed some 3,000 companies.
China issues warning for new ransomware virus
China has urged Windows users to protect themselves against a new ransomware virus similar to the WannaCry bug that wreaked havoc worldwide last week.
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 decries protectionism, but Europeans rain on Silk Road parade
Chinese President Xi Jinping criticised protectionism on Monday at a summit positioning Beijing as a champion of globalisation, but some European nations challenged Beijing to address concerns about its own trade practices.
China's economy slows in April as credit tightens
China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's second-largest economy grapples with tighter credit and weaker demand.
Banks see little risk involving initiative
Credit risks in markets linked to the Belt and Road Initiative are under control, and major Chinese banks are building firewalls to ensure sustainable financing for overseas infrastructure projects, senior banking executives said on Thursday.
China-Africa trade enjoys 16.8 percent boost in Q1
China-Africa trade surged 16.8 percent year-on-year to $38.8 billion in the first quarter of the year, thanks to their deepening cooperation, said a spokesman for the Ministry of Commerce.
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