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Chinese e-commerce giant expands presence in bad loan asset auctions

Chinese and Australian officials announced that 2017 is the China-Australia Year of Tourism. An open capacity aviation agreement between Australia and China and significant visa reform have contributed to the 13 percent growth in spend by Chinese visitors. Eight new aviation routes between the two countries are expected to be opened within the next 12 months.

Chinese private conglomerate Dalian Wanda Group Co Ltd plans to list its sports arm in the Nasdaq exchange in New York as the company keeps making inroads into the international market and strengthen the operation of its sports business.

Chinese electric car startup Nio has survived difficult times thanks to growing sales and enviable brand loyalty, but it is still in urgent need of money, said a senior executive.

Chinese mainland companies took 10 spots among the world's top 14 smartphone suppliers in 2016, according to a recent report by market research institute IC Insights.