Developers diversify funding methods
2013-05-09 06:02:29
Experts are divided on whether the central bank's latest repurchase operations to drain 55 billion yuan ($8.95 billion) from the market on Tuesday marks a signal of credit tightening, which will have an impact on property developers.
Yuan reference rate hits high
2013-05-09 00:43:54
The People's Bank of China on Wednesday set the daily reference rate of the yuan against the dollar at 6.1980, the highest in 19 years.
Down industry hit by bird flu
2013-05-08 06:54:25
Down production has declined sharply in China as a consequence of the H7N9 bird flu outbreak and the cost of down products is likely to soar in winter.
Warning on EC solar move
2013-05-08 00:32:07
China has warned the European Commission against decisions in its handling of the ongoing anti-dumping and subsidies case involving China's solar panel.
Nation's panel exporters fear tougher times
Baidu buys PPS online video business for $370m
2013-05-07 17:15:05
China's online search leader Baidu Inc. announced Tuesday it will pay $370 million to buy the online video business of PPS, in its latest attempt to grab market share in the highly competitive industry.
New bank lending predicted to slow in April
2013-05-07 02:20:54
New yuan loans extended by Chinese banks in April could fall to as low as 700 billion yuan ($113 billion), down from March's 1.06 trillion yuan.
Zhejiang firm seeks growth
2013-05-06 07:13:07
Chinese entrepreneurs like to create mini-conglomerates. Dai Tianrong, a deputy to the National People's Congress and an industrialist from Zhejiang province, told China Daily how he has made his mini-conglomerate thrive at a time when many others are struggling to do business.
A golden age for gaming on the go
2013-05-06 01:55:06
Mobile gaming is one of the fastest growing sectors in China, with estimates indicating that the sector could clock up turnover in excess of 20 billion yuan ($3.2 billion) by 2015.
Gold road to riches
2013-05-05 09:23:30
A "gold road" worth 100 million yuan is rolled out at a shopping mall in Guangzhou, which is 5 meters long and made of 252 gold bars.
Rural bamboo business thriving
2013-05-05 08:30:30
The rural bamboo business is thriving because farmers are taking the initiative, rather than taking orders
Spirits sales slump sharply
2013-05-04 02:04:27
The price of Chinese high-end liquor has dropped sharply, or even halved, this year, due to the government's reining in of lavish spending as part of its anti-corruption drive.
Luxury sellers adapt to changing market
2013-05-04 01:58:22
High-end demand has tapered off this year due to recent government measures aimed at checking extravagant spending and reining in corruption.