Updated: 2016-03-14 07:38:37 Geely acquires Chinese carmaker Zhejiang Geely Holding Group completed its 406.8-million-yuan ($62.6 million) acquisition of Sichuan-based Dongfeng Nanchong Automobile Co, according to the Nanchong Daily. Geely will invest 7 billion yuan to turn the company into a re...

Online wealth funds and stocks prove popular despite the turbulence buffeting major marketsSmall investors have poured into China's stock markets and moved away from low interest savings accounts at traditional banks. Their cash has mingled with the millions of dollars pumped in by major domestic pl...

A container truck drives past the container area at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone. PHOTO BY REUTERS“The strategy is to provide a platform for a region where different cities are linked to each other to enjoy the same logistics service,” said a local logistics exp...

A Bigger starNBA Houston Rockets star Jeremy Lin, with his father Lin Gie-Ming, mother Shirley Lin and sister-in-law, cradles a panda cub at the Chengdu Research Base of Giant Panda Breeding in Sichuan province on Thursday. The family visited the base to promote awareness of environmental and animal...

The Three Gorges project has generated 200 billion kilowatt-hours of electricity, Xinhua reported.The plant has produced electricity worth 50 billion yuan since it began operation in 2003 - equal to the power generated by 120 million tons of coal - and has led to a reduction of 240 million tons of c...