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May, 1, 2016

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China > Business
Alibaba links with UCAR for more car-hailing business
Alibaba Group Holding Ltd on Monday reached a strategic partnership with China's third-largest car-hailing company UCAR Technology Inc, a move that enhanced the influence of the internet giant in the booming segment.
 
Alibaba signs deal to develop rugby in China
E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division-Alisports.
 
More than 60 percent or 587 of the 2,852 listed companies with A shares have released positive forecasts for their first-quarter-January-March-results.
 
There's no question that China – once regarded by luxury goods manufacturers as the 'golden goose' of retail, has lost some of its luster. Much has been said about the reasons ...
 
Officials want to open way for autonomous driving
Chinese officials urged on Thursday to improve regulations over and establish cross-ministry cooperation on automated and connected vehicles, specifically autonomous driving technologies.
 
Hong Kong revealed as hub for creating offshore vehicles
The same year Jasmine Li, whose grandfather was the fourth-ranked politician in China at the time, donned a floral Carolina Herrera gown and debuted at a ball in Paris, a company called Harvest Sun Trading Ltd. was born in an aging building at the edge of Hong Kong's red light district. The next year Li bought the company for US$1.
 
The government is mapping out plans to use the Internet to lower logistics and distribution costs and promote e-commerce in rural areas, a top official said on Friday.
 
Online sites won't pass new taxes on to consumers, for now
Leading Chinese e-commerce companies said they won't increase the prices of imported items in the short term, though a new policy, which took effect on Friday, raised tax rates on popular items such as food and baby products.
 
China's largest online travel agency, Ctrip, will sell its 2017 travel-around-the-world trip on April 25.
 
Fears of end to stock-selling ban unfounded
Fears that a selling ban imposed on major shareholders of listed companies will expire soon are unfounded, an analyst said as the Chinese stock market declined for a third day on Friday.
 
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