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Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion - sources

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HONG KONG Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash.

Exclusive: China problems force Aston Martin into global recall of 1,658 cars

BEIJING British sports car maker Aston Martin Lagonda Ltd is ordering a global recall of 1,658 Vantage cars after problems with a routine transmission software update led to incidents in China in which some cars stalled and lost power, its CEO told Reuters.

China, Twitter Jun 20 2017

China's slam dunk 'sharing economy' booms, but can it last?

BEIJING Fancy shooting some hoops, but don't have a basketball? Caught in the rain with no umbrella? Smartphone run out of juice? | Video

Jun 02 2017

Special Report: 'Ghost collateral' haunts loans across China's banking system

SHANGHAI The banker at the other end of the phone line was furious, recalled Shanghai lawyer Wang Chaoyu. A pile of steel pledged as collateral for a loan of almost $3 million from his bank, China CITIC, had vanished from a warehouse on the outskirts of the city.

Special Reports, China May 31 2017

Alibaba announces $6 billion buyback but misses EPS forecast

Alibaba Group Holding Ltd plans to buy back shares worth up to $6 billion over two years, the company said on Thursday, as it beat first-quarter revenue forecasts but fell short of earnings estimates.

Tech, Deals May 18 2017

China opening up its bond markets, but currency seen as major barrier

HONG KONG China's policymakers plan to open the doors wider than ever to foreign investment in the country's $3 trillion bond market, in part to help shore up the struggling yuan. But the currency is also proving to be a major barrier to the success of their plan.

May 10 2017

Macau monitors ATM withdrawals, raids casinos as top official visits

HONG KONG Macau plans to add security features to ATMs to monitor withdrawals, authorities in the world's largest gambling hub said as the Chinese territory seeks to tighten restrictions on cash flows out of the mainland.

May 08 2017

China policymakers bullish on economy, cite strong first-quarter GDP, stable yuan

SHANGHAI Policymakers in China are pushing a bullish message on the world's second-biggest economy after a solid first quarter, pointing to a slow down in capital outflows and a stable yuan after a selloff last year stoked fears of instability.

Apr 24 2017

China EV makers to take on Tesla's Model 3 through price, local manufacture

SHANGHAI It's not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc's "mass market" Model 3 sedan.

Tech, China Apr 19 2017

China's Huawei targets Amazon, Alibaba in public cloud service push

HONG KONG Chinese telecoms equipment and smartphone maker Huawei Technologies Co Ltd [HWT.UL] on Tuesday said it aims to compete with Amazon.com Inc and Alibaba Group Holding Ltd as a global provider of public cloud services.

Apr 11 2017

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document