Prices of new residential properties for 70 medium-to-large-sized Chinese cities increased 8.6% year-on-year in February, down from a growth of 9.5% in January, according to data released by the National Bureau of Statistics. Sixty-five cities witnessed higher home prices on a month-on-month basis in February, down from 64 in January. The number of cities with […]

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With Crimea voting for secession, the upheaval in Ukraine is fueling an increasingly charged confrontation between Russia and the tandem of the United States and the European Union. Are American and European leaders being cast in a Russian remake of th…

China’s central bank and one of its largest state lenders hold talks over whether to bail out a defaulting provincial real estate developer

Chinese B2C e-commerce websites Dangdang.com and Yhd.com announced that the two parties have reached a strategic cooperation to enter each other's open platforms while their respective official flagship stores have opened to netizens. Dangdang.com's flagship store on Yhd.com focuses on the sales of books; while the flagship store of Yhd.com mainly sells food and beverages. […]

The use of political power to impose a single, authorised version of events is when education crosses the line into brainwashing

Chinese online game developer and operator Giant Interactive Group confirmed that they have established a mobile game publishing company. Ji Xuefeng, president of Giant, has taken the president role of the new company; while Xu Bo is vice president of the company and responsible for the mobile game publishing business. Xu has nearly ten years' […]