US companies still remain optimistic

2013-03-01 07:41:06

US company profits in China dropped for the second straight year in 2012, but the country remains a vital market, according to a report by American Chamber of Commerce in Shanghai on Thursday.

All eyes on China amid earnings reports

2013-02-28 11:43:07

One question on the minds of investors, analysts and journalists during the US earnings season now in the books is: "What's going on in China?"

VC funds in firms down 40 percent in 2012

2013-02-28 11:43:07

Investment of venture capital in Chinese companies declined significantly in 2012, the result of a chilly market for initial public oJerings of stock, according to Dow Jones VentureSource.

Yuan rises to 13th as payment currency

2013-02-28 11:41:40

Growing demand has led China's yuan to overtake the Russian ruble as a currency used for global payments, according to SWIFT, a messaging system used by international banks.
Yuan takes step up as global currency

San Francisco's mayor seeks trade edge from trips in spring

2013-02-27 12:11:29

San Francisco Mayor Ed Lee says his two scheduled trips to China this spring are about spurring trade and encouraging cultural exchanges.

California fixes tourism marketing spotlight on China

2013-02-27 12:15:26

With a $1.6 million marketing campaign, California is gearing up for another surge in Chinese tourists this year.

US companies plan 40% rise in investment

2013-02-27 10:07:57

Members of the American Chamber of Commerce in South China expect their investment budgets to total more than $16.5 billion over the next three years.

Sinopec buys $1b oil stake

2013-02-26 11:47:17

Sinopec Group has agreed to pay $1.02 billion for 50 percent of Chesapeake Energy Corp's stake in an Oklahoma oil and gas field.
Special: Chinese enterprises in the US

Best Buy's exit typifies tough electronics market

2013-02-26 11:47:17

Two years after Best Buy Co closed all of its stores in China, one wouldn't expect that market to have much enthusiasm for the US electronics retailer.

Lunar New Year won't be US holiday

2013-02-26 11:47:17

China's 1.3 billion people celebrated the two-week long Lunar New Year holiday this month, and now 39,780 people want it to be a national holiday in the US.

WeChat makes inroads abroad

2013-02-26 10:12:20

Tencent Holding Ltd is seeing a shift in the demographics of the user base of its WeChat messaging application, as international users start to adopt the mobile service.

Currency's global role takes huge step closer

2013-02-25 07:04:47

The internationalization process of the yuan has been given a major boost by the Chicago Mercantile Exchange. Currency expands its reach