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China Headlines

Alibaba to buy 36.2 percent Sun Art for $2.9 billion

Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd , for a total HK$22.4 billion ($2.9 billion).

China faces waste hangover after Singles' Day buying binge

China's Singles' Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages - and leaving an estimated 160,000 tonnes of packaging waste.

China, Russia to hold simulated anti-missile drill

The Chinese and Russian militaries will next month hold anti-missile drills in Beijing, China's Defence Ministry said on Friday, amid concern in both countries about the deployment of a U.S. anti-missile system in South Korea.

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Trump open to dropping healthcare provision in Senate tax bill: aide

WASHINGTON U.S. President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the biggest overhaul of the tax code since the 1980s, a senior White House aide said on Sunday. | Video