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China's largest provider of on-demand online services Meituan-Dianping officially announced Wednesday it is taking full control of the leading Chinese bike-sharing company Beijing Mobike Technology Co Ltd for an undisclosed amount, dealing a blow to its biggest rival Didi Chuxing.
China's non-financial outbound direct investment (ODI) dropped 7.7 percent year-on-year to 57.57 billion yuan (.32 billion) in January, the Ministry of Commerce announced on Monday.
China's new type of communication satellite, ChinaSat 18, has encountered malfunctions since it was placed in space on Monday night, according to Xinhua News Agency.
China's growing economic strength and improving market accessibility may potentially bring significant investment opportunities, as well as challenges, to global investors. Understanding China's role in equity allocation may be crucial to sound investment policy decisions.
China's outbound investment continues to be weighed down by a number of factors. [Photo/IC]
来源：资阳报