Chinese shares close higher Wednesday
BEIJING – Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 2.7 percent to 3,995 points. The Shenzhen Component Index closed 4.79 percent higher at 14,042.5…
Starbucks China maps expansion after Boyu JV, targeting lower-tier cities
Starbucks China launches “a store for each community” initiative on Wednesday. Starbucks China mapped out on Wednesday a three-year expansion plan following the launch of its joint venture with Boyu…
Adidas taps well-worn trend, sparking fresh interest in ‘New Chinese Style’
Chinese frog buttons are on display at the World Button Museum in Liaocheng, Shandong province. ZHANG ZHENXIANG / FOR CHINA DAILY When Spanish influencer Helena Cuesta posted a photo of…
Nation taking more strategic gold stance
A buyer tries on gold jewelry at a store in Weifang, Shandong province, on March 15. WANG JILIN/FOR CHINA DAILY China’s ramped-up increase in gold reserves — even as some…
China explores nuclear power to drive AI
Rafael Mariano Grossi (center), director-general of the International Atomic Energy Agency, visits the Linglong One project in Hainan province on April 8, 2025. CHINA DAILY China is exploring leveraging nuclear…
Growth target reflection of pragmatic balance
From left to right: Janice Hu, China country head, UBS AG, and chairperson of UBS Securities; Junjie Watkins, equity partner, Pictet Group, and CEO, Asia ex-Japan, Pictet Asset Management; Rogier…
WiredScore makes mainland debut
WiredScore, a global leader in digital connectivity and smart building certification, has officially entered the Chinese mainland and unveiled its first strategic partners. Leading developers including Hines, Hongkong Land, H…
Oil pricing mechanism playing stabilizing role
A car refueling at a gas station in Guangzhou, on Tuesday. China’s refined oil pricing mechanism is playing a crucial role as a “stabilizer” for the national economy, effectively cushioning…
Dekra to open new testing units on bullish China bet
Germany’s Dekra Group will bring two new testing centers online in Suzhou, Jiangsu province, and Chongqing in the second half of this year, expanding services for automotive components, consumer electronics…
China’s forex reserves snap seven-month rise as stronger dollar pressures assets
China’s foreign exchange reserves declined in March, snapping a seven-month streak of increases, as a stronger US dollar and falling global asset prices weighed on valuation, official data showed on…