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China / Business

Shanghai increases its competitive edge

[2017-08-11 08:25]

China (Shanghai) Pilot Free Trade Zone (FTZ) is speeding up its exploration of offshore tax arrangements and freeport areas while improving its financial function to play a bigger role in the Belt and Road Initiative.

Internet TV brands tune into drama

[2017-08-11 08:25]

China's previously buoyant internet TV brands are currently players in their own drama, watching a downturn in the sector this year.

Thriving marble business is built with the help of BRICS

[2017-08-11 08:25]

XIAMEN - Young Brazilian businessman Marcos Caldeira is filled with anticipation as the 2017 BRICS Leaders Summit draws near.

Tencent to roll out a credit rating system

[2017-08-11 08:25]

Tencent Holdings Ltd, the social networking-to-payment conglomerate, is developing a credit-scoring system.

China Mobile reports 3.5% profit rise

[2017-08-11 08:25]

HONG KONG - China Mobile Communications Corp reported a 3.5 percent rise in first-half net profit after adding new subscribers.

Feihe to milk profits from new Ontario plant

[2017-08-11 08:25]

OTTAWA - Feihe International Inc, a leading manufacturer of infant formula in China, said it is ramping up construction of a plant valued at C$300 million ($234 million) in the Canadian province of Ontario. The plant is expected to come onstream in 2019.

China opening up financial industry

[2017-08-10 08:31]

BEIJING - China has quickened the pace of opening up its financial market, to spur economic growth, raise financial competitiveness and actively participate in global markets.

Fintech sector to rocket, report says

[2017-08-10 08:31]

Chinese financial technology companies could expand the lendable population from around 200 million creditcard-carrying prime borrowers to around 800 million, according to the latest report of global consulting firm Oliver Wyman.

Officials: Let up on rare earths

[2017-08-10 08:31]

China's regulators are trying to cool down the price rally of rare earth, which has seen a sustained price increase since the beginning of this year, after five years of downturn.

Sentury's China-made aircraft tires set to roll

[2017-08-10 08:31]

The first batch of commercial aircraft tires made by a Chinese company is expected to roll off the production line by the end of this year, which will likely end the history of total reliance on imported tires for China's civilian aircraft.

Wanda Hotel shares suspended as overhaul expanded

[2017-08-10 08:31]

BEIJING - Billionaire Wang Jianlin is planning a reorganization of Wanda Hotel Development Co, expanding an overhaul of the Chinese tycoon's property-to-entertainment empire.

Chinese tycoon funds fight against poverty

[2017-08-10 08:31]

A Chinese billionaire businessman plans to donate 6 billion yuan ($892.7 million) to support charities and help combat poverty by promoting nationwide projects.

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