Wednesday, October 16, 2013
China will tackle chronic overcapacity problems in sectors such as steel and cement by blocking approvals for new projects and by making better use of the market, according to a new plan issued by the State Council on Tuesday.
China's bank lending expanded in September, the central bank said late Monday, but analysts said policy easing might taper off as the government seeks to control inflation.
Tuesday, October 15, 2013
China's annual consumer inflation rate rose to a seven-month high of 3.1 percent in September as poor weather drove up food prices, lim
Monday, October 14, 2013
In the global contest for business Chinese brands struggle to rival big Western and Japanese names, but some are now looking to reinvent their identities to overcome image and political hurdles.
The divorce between U.S. giant Walmart and its Indian partner, the latest in a string of foreign corporate alliances to founder, will have a further “chill effect” on vitally needed foreign investment, analysts say.
Saturday, October 12, 2013
China's economic growth should exceed 7.5 percent this year, deputy central bank governor Yi Gang was quoted by Xinhua News Agency as saying, the latest expression of confidence from Beijing that the world's No. 2 economy is steadying.
Auction houses have sold US$700 million-worth of artwork in recent days in Hong Kong and set a series of world records, as Asia's art market heats up anew and competition mounts between Chinese and foreign firms.
Tuesday, October 8, 2013
Typhoon Fitow, which barreled into China's east coast early Monday packing winds of more than 200 kilometers (124 miles) an hour, killed at least five people and impacted 3 million, state media reported.
Thursday, October 3, 2013
Britain's biggest retailer Tesco agreed a major deal on Wednesday to create a retail giant in China, as it seeks to offset “challenging” trading conditions in Europe which hit profits hard.
Tuesday, October 1, 2013
Chinese manufacturing activity ticked up more slowly than expected in September.