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Chinese port operator China Merchants Port Holdings has announced it will acquire an 85 percent stake in Sri Lanka's Hambantota Port for 4 million.

Chinese community-based online retailing platform Nice Tuan announced on Wednesday it has raised million in its series C2 round of fundraising. [Photo/Nice Tuan]

Chinese consumers' growing appetite for imported goods is helping Japanese beauty device specialist Refa reap huge financial gains, according to its managing director Keizo Nakajima.

Chinese Vice Premier Sun Chunlan, also a member of the Political Bureau of the Communist Party of China Central Committee, learns about epidemic prevention and control efforts in a dormitory building of Wuhan University in Wuhan, Central China's Hubei province, April 6, 2020. Sun, leading a central government group to oversee the COVID-19 epidemic control work in Hubei, made a visit to Wuhan University on Monday. [Photo/Xinhua]

Chinese excavator manufacturers are expected to see a 50 percent year-on-year jump in sales to 120,000 units by 2017, despite the low stocks available due to the quiet market in the past five years, officials said on Wednesday.