NEW YORK Chinese package delivery company ZTO Express raised $1.4 billion (1.14 billion pounds) in the biggest U.S. initial public offering of the year on Wednesday as its backers cashed in on China's booming online-shopping industry, a source familiar with the deal said.
FRANKFURT/BERLIN U.S. intelligence services told Germany that a proposed Chinese takeover of semiconductor manufacturing equipment maker Aixtron could give Beijing access to technology that could be used for military purposes, the Handelsblatt newspaper said on Wednesday.
BEIJING Some Chinese iPhone owners are giving their old models a makeover to look like the latest iPhone 7, rather than buying new - a trend that could dent Apple Inc's efforts to boost sales in what has been its biggest growth driver.
BEIJING A senior Chinese diplomat visited North Korea this week where he discussed border security and infrastructure projects, China's Foreign Ministry said on Wednesday, in the first trip there by a high-ranking Chinese official since February.
TOKYO Philippine President Rodrigo Duterte sought to assure Japan on Wednesday that his high-profile visit to China last week was about economics, not security, and vowed to stand on Tokyo's side over the disputed South China Sea when the time came. | Video
TOKYO Philippine President Rodrigo Duterte sought to assure Japan on Wednesday that his high-profile visit to China last week was about economics not security, and he had more harsh words for long-time ally Washington, saying he might end defence treaties.
SHANGHAI China aims to create a comprehensive environmental monitoring system by 2030 in its efforts to boost citizens' health and raise life expectancy, the government has said.
BEIJING China and the United States are in "advanced negotiations" on returning to China five of its most wanted corruption suspects who have fled to the United States, a state-run newspaper said on Wednesday.
BEIJING/ZURICH State-owned Chinese chemicals group ChemChina is ready to offer more concessions to win European Union antitrust approval for its $43 billion (£35.16 billion) bid for Swiss pesticide and seed group Syngenta , a source with direct knowledge of the process said.
BERLIN German business morale improved unexpectedly in October, hitting its highest level in 2-1/2 years, suggesting company executives have become more optimistic about growth prospects for Europe's largest economy. | Video