Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) is participating in the China Outbound Travel and Tourism Market (COTTM) for the third consecutive year. The leading exhibition, now in its 12th year, starts in the Chinese capital Beijing on April 12, and will run until April 14. SCTDA’s presence at COTTM 2016 comes as part of the ...

Beijing / Bloomberg Alibaba Group Holding Ltd. is making its largest overseas investment with a $1 billion deal for control of Lazada Group SA, taking the Chinese e-commerce giant to Southeast Asia and closer to a goal of shedding its home-market reliance. China’s largest online emporium will pay $500 million for new shares in the closely held company and purchase ...

HONG KONG / AP Industry data show that Chinese auto sales rose by nearly 10 percent last month, led by strong demand for SUVs that more than offset slipping passenger car sales. The China Association of Automobile Manufacturers said Tuesday that 2.06 million sedans, SUVs and minivans were sold in March in the world’s biggest auto market. That’s 9.8 percent ...