Over 30 agents and dealers of Huawei's Honor brand have acquired all business assets of the budget cellphone brand, according to a joint statement released on Tuesday. "This acquisition represents a market-driven investment made to save Honor's industry...

China's Ministry of Commerce (MOC) said on Monday it resolutely opposes the U.S. move to prohibit U.S. investments in some Chinese companies. The United States disregarded the facts and deemed some Chinese companies as military-controlled ones, a move t...

Medical materials are seen at the Wuhan Tianhe International Airport in Wuhan, Central China's Hubei province, Jan 28, 2020. (Photo/Xinhua) Companies in Beijing have donated 7.16 billion yuan ($1.09 billion) in total for the country's fight against the...

China Petroleum Chemical Corporation (Sinopec) has unloaded the world's largest liquified natural gas (LNG) carrier "AL MAFYAR" for the first time as it berthed in north China's Tianjin Municipality. Measuring 345 meters long and 53.8 meters wide, the v...

The Chinese Ministry of Commerce (MOFCOM) on Monday urged the United States to correctly view China's military-civilian integration policy and stop the "unreasonable suppression" of specific Chinese companies on the pretext of national security. U.S. Pr...

Korean Air Lines, South Korea's biggest air carrier, will acquire the country's debt-ridden second-biggest air carrier, Asiana Airlines, Yonhap news agency reported on Monday citing the state-owned Korea Development Bank (KDB). The KDB, one of the major...

The U.S. government said it would delay implementing a ban on Tik-Tok to comply with a court ruling, and the popular video-sharing app has been granted more time to file paperwork for a potential sale. The U.S. Commerce Department said in a document obt...

Chinese shoppers spent big over the Singles' Day shopping festival, showing the country's strong economic recovery following the COVID-19 epidemic. Sales on Alibaba's e-commerce platform Tmall exceeded 498.2 billion yuan (74.1 billion U.S. dollars) betw...

Popular video-sharing app TikTok was granted by the U.S. government a 15-day extension to reach a deal with U.S. buyers, a federal court filing showed Friday. This means the deadline for ByteDance, TikTok's Chinese parent company, to reach a deal with O...

China's domestic tourism industry, which was stalled by the COVID-19 pandemic, has returned to normal and is now injecting confidence into the global recovery of the industry, according to a report released by the World Tourism Alliance and China Touris...