Nuclear power in a nutshell

M&A activity hits a record high

Mergers and acquisitions hit a record level in China last year, rising 37 percent year-on-year, a new report has revealed.

Oil price slump fuels rise in crude imports

China's reliance on imported oil soared to over 60 percent last year, amid tumbling oil prices and steadily growing domestic energy demand, a new report says.

Philips has clear vision for air purifier R&D in China

Dutch electronics giant Philips plans to expand its research and development efforts to China, with Shanghai playing a major role in the multinational's global R&D network, especially in the innovation of its air purifier products for cars.

Hyatt warns of card data breach

Hyatt Hotels Corp is warning guests who visited its 22 hotels in China between August and December to check their card records, after evidence emerged of possible unauthorized access to its payment card data.

Ministry: High-tech focus to boost exports

China expects to export more aviation, transportation and telecommunications technology and products this year, and will continue to upgrade its industry at home, the Ministry of Commerce said on Jan 25.

Analysis: Online travel firms to see turning point

While competition is intense in the Chinese online travel industry, the relatively low penetration rate compared with Western peers indicates there may be much room for growth for Chinese market players.

Empowered by vision of a connected world

Ericsson, the Swedish mobile telecoms gear maker, is confident that its strong research and development capabilities will help the company weather the market challenges in China.

Quotable

CRC will quicken the pace of promoting its railway standards abroad, cooperation in transshipment rail cargo and multi-modal transportation services to develop international logistics markets, especially in markets along the Belt and Road Initiative."

IN BRIEF (Page 24)

Renminbi is 'still attractive'

Overseas investors are still keen to hold the yuan for investment in China's debt and equity markets, showing confidence in its long-term stability and credibility as a reserve currency despite the renminbi's depreciation against the dollar over the past two months, analysts say.

Currency depreciation may prompt property sales

The yuan's depreciation against the dollar is likely to result in more foreign funds selling their assets in Beijing, especially those with holding periods that were extended for a short period of time, industry experts say.