China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

THE number of residential property projects offering discounts may fall in Shanghai in March, as recovering sentiment among buyers has boosted market confidence among developers.

SHANGHAI stocks slumped to a month low today, amid doubts over the sustainability of China's economic recovery, as well as tighter monetary policy after the central bank drained funds from the market.

THE Bank of East Asia (BEA) has reported a slide in its Chinese mainland profits in 2012, while group net earnings grew by a higher-than-expected 39 percent from a year earlier.

CNOOC Ltd, China's biggest offshore oil producer, said today it has completed the US$15.1 billion acquisition of Canada's Nexen Inc.

SHANGHAI stocks edged up this morning and a rally of financial shares offset the decline of distilleries and commodities.

OIL finished little changed yesterday, after being up more than US$1 earlier in the day. Benchmark crude fell 2 cents to US$93.11 a barrel on the New York Mercantile Exchange.

CHINA'S manufacturing is expanding at the slowest pace in four months in February, but mainly due to the Spring Festival holiday rather than a weakening recovery, a private survey showed yesterday.

THE world's largest international shipping association opened its Shanghai Center yesterday, making it the city's first international shipping organization.

Lawsuits have been filed against KFC's parent company Yum! Brands Inc. by multiple entities in the U.S. over alleged breaches of fiduciary duties, insider selling, misrepresentations, and lack of disclosure related to claims that certain KFC chicken su…

Taiwanese PC maker Acer said that its notebook shipments are expected to decrease by 10% to 15% for the first quarter of 2013, due to seasonal factors. According to reports in foreign media, Wang Jeng-tang, chief executive officer of Acer said the sale…