China residential property tax positive for local government
2015-08-15 18:16:06
The introduction of a nationwide residential property tax in China would help local governments with more stable, sustainable and diverse revenue, said Fitch in its latest report.
Central SOEs rush to help after deadly blast in Tianjin
2015-08-13 23:18:37
A batch of centrally-administered state-owned enterprises (SOEs) rushed to offer search and rescue help in the wake of deadly blasts in China's northern port city Tianjin.
China rattles a few cages in the world's financial markets
2015-08-13 20:23:47
China, it seems, is rattling a few cages in the financial markets, first of all with its interventionist moves to shore up plunging domestic stock markets, which seem to have calmed nerves at home and abroad.
Room to grow in overseas hotel sector
2015-08-12 07:44:10
Chinese companies are expanding into the global hotel market with a raft of plans to buy or build luxury properties after a series of acquisitions.
China's big-spending tourists pause at stores as yuan drops
2015-08-12 06:53:30
The Chinese tourists fear their wings will be clipped if Tuesday's shock yuan devaluation develops into a deeper dent in their spending power.
Wanda to continue shift from property
2015-08-11 10:35:39
Dalian Wanda Group, China's largest commercial property developer, is continuing to shift its business focus onto e-commerce, finance, tourism and movies.
Financial reform is only way forward
2015-08-11 11:02:28
For investors, the stock market turmoil has been a terrifying experience. But when you look at the broader picture.
Hershey sales melt in China after posting net loss for second quarter
2015-08-11 15:08:05
US-based chocolate giant has reported a net loss of nearly $100 million in the second quarter of this year after being hit by falling sales in China.
Alibaba buys into electronics giant Suning
2015-08-10 16:58:51
China's e-commerce giant Alibaba Group Holding Ltd is to invest 28.3 billion yuan to buy 19.99 percent of stake of the country's largest electronics retailer.
Xiaomi to unveil its first India-made phone on Monday
2015-08-10 16:25:42
India has become its largest market after China as the company's low-priced, feature-rich phones find favour with young and cost-conscious customers.
China changes face of tech billionaires
2015-08-08 07:37:09
The world of technology billionaires is looking increasingly Chinese, with 20 from the mainland landing on the Forbes 100 Richest People in Tech.
Regulator vows steps to restore market stability
2015-08-08 09:42:00
China's securities regulator said on Friday that maintaining stock market stability and restoring investor confidence are still its top priorities.