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China Vanke posts 51.8% growth in H1 revenue

Vanke, one of China’s top real estate developers, has reported an operating income of 105.97 billion yuan (US$15.45 billion) for the first half of 2018,…

Chinese iQiyi Buys Mobile Game Developer

Nasdaq-listed video streaming service provider iQiyi Inc. said Tuesday it took over Chinese mobile game developer Skymoons Digital Entertainment Co. in a deal that could…

US Lifts Ban on Suppliers to China’s ZTE

The U.S. Department of Commerce on Friday lifted a ban on U.S. companies selling goods to ZTE Corp, allowing China’s second-largest telecommunications equipment maker to…

Chinese Stocks Slump as Pessimism Prevails

A looming trade war between the world’s two largest economies continue to pressure Chinese stock market. Shanghai Composite lost 1.4 per cent to 2875 on Thursday. Shenzhen…