Economy

A number of Chinese companies, including Chinese internet giant Tencent and subsidiaries of ride-hailing company DiDi and e-commerce giant Suning, were each fined 500,000 yuan ($77,220) over antimonopoly breaches, the…

Move aimed at curbing soaring iron ore prices: analysts China announced on Wednesday that it would scrap tariffs on certain steel products and raw materials starting on May 1, in…

A total of 265 million passenger trips are expected during the upcoming 5-day May Day holidays, one of the hottest since the outbreak of the COVID-19 pandemic and may exceed…

China’s financial regulators held talks with representatives of 13 internet firms which have a fintech business, including Tencent, Du Xiaoman Finance owned by Baidu, JD Finance, and ByteDance to strengthen…

A Tesla car reportedly lost control and crashed into a wet market in East China's Jinangsu Province on Tuesday, causing three injuries, raising more concerns over the quality control issues…

Russian exports settled in US dollars fell below 50 percent for the first time in the last quarter of 2020, latest data showed, as Russia has continued its efforts to…

Funnybean - M Mandarin, a global technology firm dedicated to online Chinese education, jumps on the non-fungible tokens (NFTs) bandwagon by launching its own exclusive NFT auction on Tuesday in partnership…

While releasing record first-quarter earnings on Monday (US time), Tesla CEO Elon Musk avoided any specific mention of the Chinese market, in an apparent attempt to brush its public relations…