CY Leung softens his tone on the protesters

Students and government await talks, but streets remain closed

Shanghai-based Chinese rental car company eHi Car Services Limited has filed with the U.S. Securities and Exchange Commission on October 3 for an initial public offering on the New York Stock Exchange, according to a securities filing submitted by eHi. The filing did not specify any pricing information. Last December, NASDAQ-listed Chinese online travel services […]

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The upcoming September data release in China will likely show a tentative improvement in real economic activity, but unlikely be strong enough to prevent full third quarter growth from falling to 7.1%, adding pressure on the government to further intensify policy support, predicts a report written by UBS AG economist Wang Tao. A 7.1% quarterly […]

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Once a picture of health, the Chinese property market is now looking off-colour with construction activity cooling, land sales slowing, apartment sales sliding and unsold inventory rising

Chinese tourism website eLong.com confirmed that its chief operating officer Xie Zhen and chief financial officer Luo Rong departed the company the day before one of the biggest Chinese travel holidays on September 30, 2014. Xie joined eLong.com in January 2008 and served the company for seven years. During his service period, Xie led the […]

Chinese online video service Letv will enhance its supply chain in the wine industry to build a closed-loop operation of its wine business on its subsidiary website Wangjiu.com. Letv has reached strategic deals with France's Rauzan Group to introduce its V-Chevalier brand. V-Chevalier wines reportedly started sales on Wangjiu.com from September 22, 2014, with price […]

American electric car maker Tesla has entered the Chengdu market and reportedly delivered its products to consumers in the city. The company also launched its first super charger facility in Chengdu, which is the company's 17th in China. Tesla's service center in Chengdu will reportedly become the company's first service center in the southwestern region […]