Marcel Woo | Apr 23, 2014 11:06 AM EDT
Akasakatei, one of China's Teppanyaki, barbecue and Japanese-cuisine restaurant, announced that it has completed a round of financing to raise US $10 million for its planned expansion in the country, the food chain said. read more
Acsilyn Miyazaki | Apr 22, 2014 11:31 AM EDT
Shandong Airlines said it has placed an order with for 50 Beoing 737 aircraft valued at US$4.6 billion.The move came after Chinese airline companies began looking at getting more fleets to respond to the growing demands of local air travel. read more
Qi Qin | Apr 22, 2014 09:48 AM EDT
After years of working in China's Information Technology (IT) industry, four IT experts in Beijing launched a 10-square-meter shop selling Chinese-style burger and earn 10,000 yuan daily, the Huashang Daily reported. read more
Acsilyn Miyazaki | Apr 21, 2014 11:00 PM EDT
China's most expensive car costs CNY5 million and believe it or not, someone paid to get the luxury vehicle. China FAW Group Corp has started receiving orders for the customized Red Flag L5 which is also the country's most priced vehicle. read more
Arthur Dominic Villasanta | Apr 21, 2014 09:40 PM EDT
PBOC and CBRC ordered all banks to be prepared to implement the new transaction limits by June 30. Banks must also establish a means to confirm the identities of their consumers when they link their accounts at third-party payment platforms to their bank accounts. read more
Marcel Woo | Apr 20, 2014 10:08 AM EDT
Starting next year, Japanese car manufacturer Toyota Motor Corp said it will be manufacturing and selling hybrid versions of its popular sedans Corolla and Levin, which will be fitted with China-made components. read more
Marcel Woo | Apr 20, 2014 05:26 AM EDT
To corner a huge segment of China's young mothers, the Agricultural Bank of China (ABC), one of the four major banks in the country, has started issuing "Pretty Mom" credit cards on Friday, state media reported today. read more
Marcel Woo | Apr 20, 2014 01:53 AM EDT
China's computer manufacturer Lenovo Group, the world's largest PC maker, revealed plans to open up to 2,000 physical stores that will sell its smart televisions in China before the end of this year. read more
Marcel Woo | Apr 19, 2014 10:08 AM EDT
China's e-commerce giant Alibaba Group Holding Ltd will be launching its own telecommunication services in June after receiving the country's first mobile virtual network operating licenses late last year, the official Xinhua News Agency reported. read more
Marcel Woo | Apr 19, 2014 09:48 AM EDT
American clothing retailer Abercrombie & Fitch (A&F) has announced plans to open at least 100 stores in mainland China in the next 10 years, bringing its "casual luxury" brands to the Chinese consumers, state media reported. read more
Arthur Dominic Villasanta | Apr 19, 2014 07:44 AM EDT
The territorial dispute between China and Japan has led to a huge outflow of Japanese investments from China and into Southeast Asian countries. read more
Arthur Dominic Villasanta | Apr 18, 2014 07:56 AM EDT
Weibo Corporation, owner of the popular Chinese microblogging site, Weibo, raised $286 million by selling 16.8 million shares at $17 each at its initial public offering on the NASDAQ in New York. read more
Arthur Dominic Villasanta | Apr 17, 2014 12:36 PM EDT
China has tightened its grip on trust companies in another bid to head-off the danger posed by the massive debt held by the country's shadow banking sector. read more
Arthur Dominic Villasanta | Apr 17, 2014 12:33 PM EDT
China's increasingly wealthy population is driving demand for gold to greater heights as they continue to see the precious metal as a solid investment despite a slump in price. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more