Li-Ning sees its losses widen in H1
2014-08-18 07:31:13
Leading sportswear company Li-Ning has seen a widening loss of 586 million yuan ($95.2 million) as a result of high inventory and bad debt despite the company's efforts to transform its supply chain and store network in the first half of 2014.
Consumer concerns core of the issue
2014-08-17 06:13:44
Chinese consumers could benefit from lower prices as more than 1,000 companies are being probed by antitrust investigators, a top legal expert says.
Anti-trust team lacks real muscle for enforcement
2014-08-17 06:13:44
Despite sweeping probes into antitrust cases, China's antitrust team - government law enforcement officers and lawyers representing companies - is falling short in dealing with complicated cases.
Tibet's second railway line opens
2014-08-16 06:14:27
A second railway line in Southwest China's Tibet autonomous region, an extension of the Qinghai-Tibet railway, the world's highest, was officially put into use on Friday.
Lenovo dialing up overseas expansion
2014-08-16 06:14:27
Lenovo Group Ltd plans to sell 150 million devices in the fiscal year that kicked off in April, Chairman and Chief Executive Officer Yang Yuanqing said on Thursday.
Gold loses luster as demand drops
2014-08-15 07:23:15
Global gold demand declined sharply in the second quarter of the year as Chinese and Indian buyers purchased less jewelry than a year ago, the World Gold Council said on Thursday.
Apple bans chemicals' use in iPhones
2014-08-15 07:23:15
Apple Inc is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect factory workers who build the devices.
Audi's fine set to be announced next week
2014-08-14 18:16:48
FAW-Volkswagen's Audi division, which faces a fine for operating a monopoly in China, said the amount of the fine has been finalized by antitrust regulators.
China's Napa Valley bid ripe for growth
2014-08-13 10:36:50
More mainland investors are finding their way into wine country in California's Napa Valley, as the Chinese are not only buying bottles of wine, but also purchasing some vineyards as well, observers say.
Wanda's Hollywood premiere gets red-carpet welcome
2014-08-13 10:36:50
Hollywood has welcomed a new neighbor from China with open arms - Wanda Group, China's largest commercial property developer and owner of the AMC theater chain. Wanda recently announced it would take over a plot at 9900 Wilshire Boulevard in Beverly Hills and invest $1.2 billion in advancing its presence in Tinseltown.
Alibaba starts to focus on wedding photographers
2014-08-12 09:42:43
New platform Hunban joins couples, studios in perfect image of married life
More than 1,000 auto companies are probed
2014-08-12 06:14:08
More than 1,000 Chinese and overseas companies in the auto industry, including manufacturers, suppliers and dealers, are involved in anti-monopoly investigations, according to an official at China's top economic planning body.