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

With stores rationing purchases of baby formula, parents around the world feel the effect of China’s insatiable demand for foreign milk products

The Snowden leaks have turned the dynamics over cyber security. If Beijing plays it right, it could come to look like the victim of a US smear campaign

Given the West’s anemic growth performance in recent years, it is hardly surprising that envy of China’s economic dynamism has manifested itself in official policy. But Western countries are shifting to statism at the very moment that China is heading in the opposite direction.

SHANGHAI stocks plunged to a six-month low after a three-day Dragon Boat Festival holiday as the market suffered from poor data pointing to a slackening economic growth in China, speculation on the reboot of new share offering and a glut of unlocked shares newly eligible for sale.

LONDON surpassed Singapore in April for the first time as a bigger offshore center of the Chinese yuan, a private report showed today.

THE World Bank cut its China's 2013 growth forecast to 7.7 percent today, compared with the previous projection of 8.3 percent in April as Chinese policymakers are "busy rebalancing the growth model."

THE value of new home purchases in China continued to rise at a slower pace in the first five months of the year, according to latest data released by the National Bureau of Statistics.

SALES of second-hand homes in Shanghai climbed in May amid steadily recovering sentiment among buyers, but the growth probably won't be sustainable due to inadequate supply while the traditional slack season for property sales is also approaching.

US food company Kraft Foods China said today it has started the construction of a 545 million yuan (US$88 million) plant in Suzhou, Jiangsu Province, to expand production capacity as demand rises.

HILTON Worldwide said it plans to open at least 120 new hotels in China in the next three to four years as it bets on increasing number of domestic travelers to boost income.

SHANGHAI stocks plunged in the first trading session after a three-day Dragon Boat Festival holiday as data released over the weekend pointed to a slackening economic growth in China.

Chinese private equity firm Hony Capital plans to team up with SMG Pictures to establish a joint fund. With a target size of RMB3 billion ($485 million), the fund will invest in the film and television industries, according to Chinese media reports. Th…

Micheal Dunne writes in the WSJ: As with solar panels, the decisive car battleground will be in Europe, where Germany is the only remaining competitive manufacturer of cars. Look for the Chinese to enter the continental market via the younger…

THE price of oil rose above US$96 a barrel and reversed some of its losses for the past two days.

VIDEO-GAME shops, restaurants and retailers led the stock market lower yesterday.

Colin Giles, former executive vice president of Nokia, will reportedly join Huawei Device as senior vice president in July 2013. The news has been confirmed by the Chinese telecom equipment maker. In the new role, Giles will be responsible for Huawei D…