China will find it difficult to achieve its goal of building 10 million government-subsidized residences this year since most of the planned projects have not started yet, analysts said.
A recent chemical spill into the Xin'an River, an important source of drinking water for East China's Zhejiang province, has led five water utility companies to stop drawing water from the river.
Tianjin is joining a number of coastal cities, including Shanghai and Shenzhen, that have announced their plans to set up the country's next tax-rebate zone. That's after the tropical Hainan Island was given the green light to provide tax-refunds on products in April.
Australian billionaire Clive Palmer's much-touted ties with China weren't enough to persuade investors in Hong Kong to put up $3.6 billion for shares in his unprofitable iron ore and coal company Resourcehouse Ltd.
The United Arab Emirates (UAE) is striving to diversify its economy by attracting more businesses from China and other Asian nations to invest in its newly launched industrial zone.
Jushi Group Co Ltd, the world's largest manufacturer of fiberglass by output, plans to establish its first overseas production base in North Africa in the second half of this year.
Prada SpA's initial public offering in Hong Kong is poised to raise as much as $2.6 billion, according to a person with knowledge of the matter.
Gartner Inc, a US-based information technology research and advisory company, aims to triple its revenue in the Chinese market to $30 million by 2013, according to the company's China president.
New-home prices plummeted by more than 20 percent year-on-year in the capital city in May, and analysts said other cities will follow the trend in the second half of this year.
China's capital market faces three problems namely marketization, market structure and cultural factors, a senior official with China Securities Regulatory Commission has said.
Yangshan Deep-water Port's throughput volume will grow by at least 40 percent, on the back of Shanghai's ambition to become an international shipping hub, said a senior executive from the port's development company.
The volatile price of cotton is making times harder for China's textile industry, which has already been squeezed by higher labor costs and the appreciation of the yuan.