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E-commerce giant hits out at fakes
E-commerce titan Alibaba Group Holdings Ltd has called for tougher laws, stiffer enforcement, and harsher penalties to crack down on fake products, in the latest attempt to shed its reputation as a haven for selling knockoffs.
March01,2017
Fake news will not disturb China-Africa friendship: FM spokesperson
China-Africa cooperation and friendship will be advanced to a new level instead of being disrupted by fake news, Foreign Ministry spokesperson Wang Wenbin said Monday.
December22,2020
Iowa Governor Branstad confirmed as U.S. Ambassador to China
U.S. Senate on Monday voted 82-13 to approve Iowa Governor Terry Branstad to be the new U.S. Ambassador to China.
May23,2017
US-China trade frictions impact soybean producers: Iowa official
As the second largest soybean producer in the United States in terms of state, Iowa farmers who need markets for their products are impacted by US-China trade frictions, an Iowa official told Xinhua on Thursday.
April16,2018
Fake cosmetics worth over 800 mln yuan seized in China
Fifteen suspects have been arrested in east China's Zhejiang Province for producing and selling fake and substandard cosmetics, Zhejiang Police said Wednesday.
February16,2017
Feature: Marriage of Whole Foods with Amazon produces lower prices
At a store in Columbus Circle, a chic shopping mall in New York, on Monday -- the day when e-commerce giant Amazon officially acquired grocery chain Whole Foods, labels of sales are modified to "Whole Foods+Amazon", amid a whole
August31,2017
Apple Inc. to build new U.S. data center in Iowa
Apple Inc., the technology company with iPhone smartphone as its flagship product, announced Thursday its plan to build a new data center in Waukee, Iowa, a midwestern U.S. state.
August25,2017
China to rachet up crackdown on e-commerce click farms, fake sales
China will increase its crackdown on fraudulent practices in the country's e-commerce sector.
May22,2018
Interview: LatAm, China achieve "interesting marriage" for development, says economist
Latin America and China have achieved an "interesting marriage" for development as countries in the region need infrastructure and Chinese companies seek to internationalize themselves, Brazilian economist Celio Hiratuka said on Monday.
May14,2019
Alibaba shuts down 240,000 online stores selling fake goods in 2017: report
China's e-commerce powerhouse Alibaba shut down 240,000 online stores suspected of selling fake products in 2017, according to a report published by the company.
January18,2018
BYD to buy U.S. firm Jabil's China manufacturing business
China's leading NEV manufacturer BYD said on Monday that its holding subsidiary has inked an acquisition framework agreement with the Singaporean subsidiary of U.S.-based firm Jabil Inc. to buy its manufacturing business in Chinese cities of Wuxi and Chengdu, for 15.8 billion yuan.
August29,2023
Vantone to buy stakes in Source Photonics, moving towards optical communication industry
Vantone Neo Development Group (600246.SH) announced on late Sunday to buy a 60.16-percent equity stake in Source Photonics Holdings (Cayman) Limited in cash.
June24,2024
HNA buys stake in OMAM
Chinese conglomerate HNA Group Co agreed to buy a 25 percent stake in UK-based OM Asset Management (OMAM), a subsidiary of Old Mutual, for about 446 million U.S. dollars, according to a statement published on Old Mutual's website on Saturday.
March28,2017
CMP buys into Brazilian terminal
China Merchants Port Holdings Co Ltd announced on Monday that it had agreed to purchase 90 percent of TCP Participacoes SA, the operator of Brazil's second largest container terminal, for 7.23 billion Hong Kong dollars (924 million U.S. dollars).
September05,2017
Somec to buy 65% of Budri for 7.5 million euros
An excellence in marble processing, Budri will enable the Group to penetrate the high-end interiors sector more effectively.
June23,2022
Lufthansa buys 17 long-haul jets from Boeing
German airline Lufthansa is strengthening its long-haul fleet with new aircraft from US manufacturer Boeing. The MDAX-listed group announced in Frankfurt that 17 aircraft are to be purchased from Boeing.
May18,2022
CGN buys into Swedish power project
China's major nuclear power operator, China General Nuclear Power Corp, has acquired a 75 percent stake in a wind power project in Sweden, according to a statement from CGN on Tuesday night.
July19,2018
HNA buys stake in Deutsche Bank
Chinese conglomerate HNA Group is seeking to expand its finance business and further diversify its operation structure after taking a stake in Deutsche Bank, the first Chinese investor to take a major stake in the bank.
February21,2017
Asahi to buy SABMiller's assets
Asahi Group Holdings Ltd agreed to buy SABMiller Plc's eastern European assets including Pilsner Urquell from Anheuser-Busch InBev NV for 7.3 billion euros ($7.8 billion).
December14,2016
Chinese investors buy stake in HERE
Two Chinese companies and Singapore's sovereign wealth fund GIC have agreed to buy a 10 percent stake in a digital mapping company controlled by Germany's leading carmakers to help them develop self-driving cars.
December30,2016
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