An investor group backed by DCP Capital Partners and Ocean Link Partners reached a deal to buy the Nasdaq-traded firm for $61 per American depositary share
Cranes loaded containers on to the train at Pinghu South Railway Station in Shenzhen in southern China's Guangdong province
Capital Economics’ Mark Williams says China is unlikely to attempt to bale out Russia fearing it could become the target of sanctions itself
Wang Yi told Dmytro Kuleba during a phone conversation that Beijing "deeply regrets that conflict has broken out between Ukraine and Russia"
Analysts say there's no alternative global payment system to SWIFT that's strong enough to enable Russia to evade sanctions.
The allegations centre around a fundraiser at a Chinese restaurant in Sydney where Huang Xiangmo sat with opposition Labor leaders
The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions
Moody’s cut its rating on Shimao by two notches, to Caa1 from B2, and lowered its outlook to negative, down from “ratings under review”
Zhang Yong, who was born in China's Sichuan province but is now a Singapore citizen, will retain the title of chairman
China is unlikely to join the majority of countries in approving foreign-made vaccines based on mRNA technology before making its own
Applicants include Henan, Fujian and Heilongjiang provinces, and the cities of Guangzhou, Chongqing, Fuzhou and Xiamen, state-backed financial outlet Securities Times reported
The food delivery service said it would commit an initial sum of 20 million yuan ($3.17 million) to the effort