BMW becomes first automaker to apply for majority stake in China JVBMW becomes first automaker to apply for majority stake in China JVGerman automaker BMW will gain a majority stake in its joint venture in China in a deal making it the first beneficiary of the country's opening up policy which aims to give foreign investors wider access to the market.

WeChat Pay facilitates local currency payments in Hong Kong for purchases on mainlandWeChat Pay facilitates local currency payments in Hong Kong for purchases on mainlandInternet giant Tencent has launched the Hong Kong version of WeChat Pay during the National Day holiday to allow Hong Kong users to pay f…

Amid trade war and spying claims, Apple CEO turns on the charm in ChinaAmid trade war and spying claims, Apple CEO turns on the charm in ChinaTim Cook was all smiles at the Chaoyang Future School in Beijing on Wednesday, watching high school students use Apple Pencils on iPads.

GM and VW feeling pain as China buying fewer carsGM and VW feeling pain as China buying fewer carsSales in the world's biggest auto market are falling, causing big problems for top global brands that have come to rely on it for much of…

China denies granting license for Facebook subsidiary in HangzhouChina denies granting license for Facebook subsidiary in HangzhouFacebook has been in talks with the Hangzhou government about its plan to open a subsidiary in the Chinese city, but it has not been gran…

Intensified crackdown on video games dampens sector’s growthIntensified crackdown on video games dampens sector’s growthTencent Holdings, which runs the world’s largest video game business by revenue, denied on Wednesday that the PlayerUnknown’s Battlegro…

Jack Ma denies stepping down under political influence, lauds partnership modelJack Ma denies stepping down under political influence, lauds partnership model Jack Ma of Alibaba Group denied conjectures that his decision to step down as executive chairman was influenced by “political factors…



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