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

China’s refusal to attend this year’s summit with Japan and South Korea comes at a trying moment for all three countries. Because the now-annual trilateral summits offer real hope for creating an institutionalized dialogue among Northeast Asia’s “Big Three,” China’s unwillingness to participate does not bode well.

China doubters around the world have been quick to pounce on slower-than-expected GDP growth in the first quarter of this year. But slower growth is actually good for China – provided that it reflects the long-awaited shift to an economic structure that draws greater support from domestic private consumption.

CONSUMERS can expect to wait a while before they're able to lay their hands on Google's much-hyped Internet-connected eyewear, Google executive chairman Eric Schmidt said Friday.

2013 could be the best year for global private equity fundraising since 2009, according to, an online platform that connects Limited Partners (LPs) and General Partners (GPs). (Listen to our interview of Palico's founder Antoine Dréan here) Some 130 private equity funds closed with value slightly more than $69 billion during the first quarter. […]

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OIL rose more than 5 percent this week, even with a decline on Friday, as traders concluded last week's dive to a low for the year was overdone.

THE stock market stalled yesterday after the US economy didn't grow as much as hoped and earnings from a handful of big companies failed to rev up investors.

Do China’s rulers have full civilian control of their country’s military? As recent incidents in the South and East China Seas have shown, the Chinese state apparatus is largely detached from the military, while the party’s top civilian leaders, despite their nominal prerogatives, have only a loose grip on the generals.

SHANGHAI'S gross domestic product grew 7.8 percent from a year earlier to 493.7 billion yuan (US$78.9 billion) in the first quarter, the Shanghai Statistics Bureau said yesterday.

CHINA'S major banks yesterday reported better-than-expected net earnings in the first quarter of this year on the back of higher net interest income and income from fees.

SHANGHAI stocks declined to their lowest in four months yesterday as investors took a cautious attitude ahead of the May Day holiday.

BAIDU Inc, which operates China's most popular search engine, reported slower profit growth in its latest quarter yesterday as costs rose sharply. Earnings were up 8.5 percent from a year earlier to 2 billion yuan (US$328.9 million) for the quarter end…

SHANGHAI'S housing market has markedly cooled down with fewer new homes registered over the past weeks as well as a decline in the number of projects offering discounts.As of Thursday, some 610,000 square meters of new residential properties, excluding…

CHINA Telecom, the country's third-biggest mobile-phone operator, yesterday posted a gain in profit for the first time since it started selling Apple's iPhone in March 2012 as the device helped boost data usage. Net income rose 10 percent to 4.7 billio…

A motorcycle dispatch rider uses his smartphone next to an advertisement promoting Samsung Electronics Co's latest flagship smartphone, the Galaxy S4, at the company's headquarters in Seoul. The South Korean IT giant said yesterday that its first-quart…

CHINA'S taxation authorities announced yesterday that they will scrap two taxes on interest paid on local government bonds, hoping to make the bonds more attractive to domestic investors.

UNITED States economic growth accelerated from January through March, buoyed by the strongest consumer spending in more than two years. The strength offset further declines in government spending that are expected to be drag on growth throughout the year.