NEARLY 20,000 new homes in 101 housing developments will be released in Shanghai in the second half of this year. Majority of them are in outlying areas for low-budget buyers.
2013-07-12
THE People's Bank of China recently announced a series of measures to simplify cross-border yuan transactions and to further promote yuan's international profile. The move is welcomed by many foreign banks in the country.
2013-07-12
SHANGHAI stocks closed lower today after four days of gains, dragged by heavyweights as investors ran for profit-taking amid fear that China's economic data due out next Monday will be disappointing.
2013-07-12
THE first non-stop flight between China's capital city of Beijing and the fourth largest US city of Houston landed at George Bush Intercontinental Airport yesterday, adding another direct route between the two biggest economies.
2013-07-12
CHINA today said it nearly doubles the investment quota for foreign institutional investors to tap domestic capital market to US$150 billion in an effort to bolster the country's equity market.
2013-07-12
Some of the biggest clubs in English football are spending the summer in Asia to try to convert large fan bases into commercial deals
2013-07-12
SHANGHAI stocks sank in the morning session as the losses of heavyweights in non-ferrous metals and financials offset the gains of small caps.
2013-07-12
Israeli information technology outsourcing service provider Matrix announced that they have opened a mobile application development center in Changzhou, Jiangsu. The new development center will focus on mobile application development for Chinese and wo…
2013-07-12
THE price of oil retreated below US$105 a barrel yesterday, ending a surge that had pushed crude to a 16-month high.
2013-07-12
THE US stock market surged to an all-time high yesterday after the Federal Reserve chairman said the central bank will keep supporting the economy.
2013-07-12
YONG SIEW WAH writes in the WSJ: There is now wide agreement that Chinese manufacturers need to move up the value chain, and quickly, to keep pace with rising wages. Yet there is much less understanding of how this will…
2013-07-12
The new talks reflect the reality that complaints about investment barriers have become one of the central economic issues between the world’s two biggest economies
2013-07-12
Yum! Brands Inc. reported results for the second quarter ended June 15, 2013, and said its system sales declined 12% in China. The owner of Pizza Hut, Taco Bell, and KFC, Yum's China Division sales and profits were significantly impacted by adverse publicity surrounding the Avian flu, as well as the residual effect of the […]
2013-07-12
China’s $1tn shadow banking sector has become a source of concern for regulators but an unmissable profit-making opportunity for hedge funds
2013-07-12
By leaving, the US would invite chaos and worse; by staying it provokes deep Chinese resentment. The American presence has become dangerous
2013-07-12
THE relationship between China and the United States is like a marriage, with both parties building trust and cooperation, visiting Vice Premier Wang Yang told the China-US Strategic and Economic Dialogue yesterday.
2013-07-12
A kid imitates a pose of a Kungfu Panda statue when the China International Cartoon and Game Fair started in Shanghai yesterday. The city targets to lift the output of the cartoon industry to over 10 billion yuan (US$1.6 billion) by the end of 2015 as …
2013-07-12
LENOVO overtook Hewlett-Packard to become the world's No.1 personal computer maker in the second quarter of this year, Gartner and IDC both said in their latest reports.