Economic review

Ukrainian engine firm denies alleged assets freeze

2017-09-20 09:38:00

A Ukrainian engine manufacturer on Tuesday denied reports that shares controlled by a Chinese company were frozen after the China side attempted to take its assets abroad. Full Story

Singapore looks for high-speed rail bids

2017-09-20 09:34:00

Chinese enterprises are welcome to participate in the Kuala Lumpur-Singapore High Speed Rail, Singaporean Prime Minister Lee Hsien Loong said when he met with Premier Li Keqiang on Tuesday. Full Story

Shenzhen firm to test driverless buses in October

2017-09-20 09:33:00

Self-driving buses will undergo tests in one of China's largest cities, Shenzhen, South China's Guangdong Province at the end of October, the local bus company said on Monday. Full Story

Orders take off for C919 at air show

2017-09-20 09:22:00

The C919, China's first home developed large passenger plane, won another 130 orders from four domestic leasing companies on Tuesday, the largest number of orders since the successful debut flight of the aircraft in May. Full Story

Domestic property rental firms gearing up for expansion as policies boost market

2017-09-20 09:17:00

Distribution of rental properties is increasing in first-tier cities, amid the ongoing release of favorable policies encouraging the development of the domestic housing rental market. Full Story

Toys R Us files for bankruptcy protection due to debt, relentless competition

2017-09-20 09:13:00

Toys "R" Us, the world's leading retailer dedicated to toy and baby products, filed for chapter 11 bankruptcy protection late Monday night due to a debt load and severe competition from online retailers. Full Story

Firm fined for conning customers with its 'organic vegetable' sales

2017-09-20 08:52:00

The firm owning the renowned Shanghai organic vegetable brand Shangshanyuan has been found guilty and heavily fined for profiting by mixing nonorganic vegetables with organic ones. Full Story

China's C919 jumbo jet receives new orders

2017-09-20 08:43:00

The orders for China's large passenger jet, the C919, reached 730 on Tuesday after four customers signed purchase plans with the maker. Full Story

Premier Li hopes for Singapore support in high-speed railway

2017-09-20 08:39:00

China hopes Singapore will support Chinese enterprises who wish to participate in the Singapore-Malaysia high-speed railway project, Premier Li Keqiang said on Tuesday. Full Story

COMAC nets 130 more orders for C919 jet

2017-09-19 16:56:00

China's plane maker Commercial Aircraft Corporation of China (COMAC) signed 130 new orders for its C919 passenger jet with four Chinese leasing firms on Tuesday, bringing the plane's total orders up to 730 from 27 customers. Full Story