Business

Chinese Entrepreneurs Remain Confident on Economy

Marcel Woo   | Mar 22, 2014 11:47 AM EDT

A survey result released by the People's Bank of China (PBOC), the country's central bank, showed that confidence among Chinese businessmen grew slightly in the first three months of this year compared to the previous quarter. read more

China and EU Fix Wine Dispute Ahead of Pres. Xi’s Visit to Europe

Desiree Sison   | Mar 22, 2014 11:44 AM EDT

Chinese President Xi Jinping and the European Union have agreed for the former to close an anti dumping and anti subsidy probe into wine imported from the EU, as a goodwill step in time for the President's visit to Europe. read more

China To Speed Up Investment, Construction

Marcel Woo   | Mar 21, 2014 09:44 AM EDT

Recent economic data showing moderate growth in industrial production and investment seemed to have prompted Chinese leaders to institute more measures to keep the country's growth within range. read more

Amazon Shuts Down China Store Selling Fake Cosmetics

Marcel Woo   | Mar 21, 2014 10:01 AM EDT

American e-commerce giant Amazon.com announced that it has shut down one of its third-party stores in China due to media reports that the store was selling fake cosmetic products. read more

JD.com Goes ‘Offline’

Ying Zhin   | Mar 20, 2014 11:48 AM EDT

China's online retail company JD.com is going offline but not for the reason you think. JD is going into the convenience store market by integrating its online sales with that of actual convenience stores. read more

China Inks US$125 Million Milk Deal With France

Ying Zhin   | Mar 20, 2014 09:29 PM EDT

Chinese dairy farm Synutra International Inc. has set up a large milk factory in France that can export more than 100,000 tons of dried milk to China annually. read more

Shanghai's Economic Growth Slows

Marcel Woo   | Mar 20, 2014 09:32 PM EDT

The Shanghai Statistics Bureau (SSB) has released data that showed Shanghai's economic growth has slowed during the first two months of this year from a year ago. read more

Chinese Supermarket Opens in Rio de Janeiro

Qi Qin   | Mar 19, 2014 10:42 AM EDT

ChinaTown Atacado has opened in Rio de Janeiro, the first ever Chinese wholesale supermarket in the Brazilian capital. read more

BYD Eyes Electric Cars For Public Use In China

Marcel Woo   | Mar 19, 2014 10:24 AM EDT

Chinese automobile manufacturer BYD Auto Co is focusing on the production of pure electric cars as it continues to promote electric vehicles for public use in China. read more

Billionaire Investor Dumps Apple, Facebook For Alibaba

Marcel Woo   | Mar 19, 2014 10:27 AM EDT

There must be something that billionaire investor Alisher Usmanov sees in Chinese technology companies that he decided to sell his Apple and Facebook shares to focus on investing in China. read more

Nikon China in Hot Waters over D600 Camera Defect

Ying Zhin   | Mar 18, 2014 07:24 AM EDT

Nikon China is under investigation for allegedly selling defective D600 cameras and failing to address customer complaints. read more

Chinese Real Estate Investors Flock to Australia

Desiree Sison   | Mar 17, 2014 08:54 AM EDT

Chinese property investors have been flocking to Australia, spending billions of dollars in local real estate. read more

China Recalls 5.3 Million Cars In 2013

Mars Woo   | Mar 17, 2014 07:10 AM EDT

According to the latest data from the General Administration of Quality Supervision, Inspection and Quarantine, a total of 5.3 million vehicles were recalled in China last year, a record figure. read more

China Sets Goal as Global Nuke Exporter

Ying Zhin   | Mar 16, 2014 11:49 AM EDT

China is set to become a major reactor exporter with its first CPR-1000, which is seen as the nuclear technology of the future. read more

Alibaba Picks US For IPO

Mars Woo   | Mar 16, 2014 07:49 AM EDT

In what is considered as a huge blow to Hong Kong's stock exchange, Chinese e-commerce giant Alibaba Group Holding announced on Saturday that it has chosen to go public in the US. read more

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