12/25/2024 08:48:33 am
12/25/2024 08:48:33 am
Girish Shetti | Feb 16, 2016 02:12 PM EST
German car manufacturer Volkswagen is optimistic that its sales in China will rise, keeping in line with the overall growth expected in the global auto industry. read more
Charissa Echavez | Feb 16, 2016 06:40 AM EST
Chinese consumers' transactions on UnionPay defied the economic slowdown to set a record during the week-long Spring Festival holiday, with shopping, dinning and travelling accounting for most of the splurge, the company announced. read more
Charissa Echavez | Feb 16, 2016 06:49 AM EST
Cinema ticket sales across China saw an incredible 80 percent increase during Spring Festival holiday, which began on Feb. 8. Other retail shops as well as restaurants also experienced a rise in patronage. read more
Mia Ren | Mar 27, 2016 11:30 AM EDT
During its annual shareholders meeting on Wednesday, Starbucks announced that they will be bringing Teavana, the company's own line of tea, to China. read more
Mia Ren | Mar 27, 2016 11:35 AM EDT
Online lenders are taking advantage of college students by offering them loans with inappropriate interests, government-backed publication Global Times revealed. read more
Alexis Villarias | Feb 15, 2016 03:30 PM EST
China's Alibaba has bought a 5.6 percent stake in Groupon, making it the fourth largest shareholder in the online deal site. Groupon shares are still down 61 percent over the last 12 months, despite a 29 percent increase last week Friday. read more
Charissa Echavez | Feb 15, 2016 11:22 AM EST
China's retail sales increased by 11.2 percent during the recent Spring Festival holiday, compared with the same holiday period last year, with movie tickets leading to a steep increase in box office sales, according to a statement by the Ministry of Commerce on Saturday. read more
Charissa Echavez | Feb 15, 2016 10:53 AM EST
The Ministry of Public Security of China has created a website to aid the investigation of Ezubao, which is being charged of swindling over 50 billion yuan ($7.61 billion) from over 900,000 investors. read more
Desiree Sison | Feb 15, 2016 07:27 AM EST
Chinese consumers made up almost half of the world's buyers of luxury goods in 2015, spending a whopping 1.2 trillion yuan ($184 billion) overseas. read more
Carlos Castillo | Feb 15, 2016 07:07 AM EST
The People's Bank of China (PBOC) Governor Zhou Xiaochuan has broken his long silence amid vigorous efforts to restore stability to the country's economy and currency, saying there is no basis for continued yuan depreciation. read more
Marcel Woo | Feb 11, 2016 06:48 PM EST
The major Canadian city of Toronto is seeking to further strengthen its economic relationship with China, with focus on financial services, infrastructure, clean technology and education. read more
Alexis Villarias | Feb 11, 2016 04:40 PM EST
Chinese companies were not held back by the slow progress of the country's economy as it plans to pour in more investment to Malaysia this year. According to local media and officials, many Chinese companies are going out under the Belt and Road Initiative programs. read more
Charissa Echavez | Feb 10, 2016 09:52 AM EST
Amazon Inc plans to broaden its logistics operation in the mainland, as part of its efforts to contain the increasing cost of shipping billions of packages. read more
Charissa Echavez | Feb 10, 2016 08:32 AM EST
International parcels can now be shipped from Beijing to Moscow following the introduction of the Russia-China railroad delivery service, the logistics department of Russian Railways announced on Monday. read more
Carlos Castillo | Feb 10, 2016 04:43 AM EST
Amid extraordinary moves to force more stringent anti-dumping duties on imported Chinese steel, the European Union (EU) is girding for what many predict to be heated rounds of debate in the coming months as the organization is set to vote on whether or not to grant China the status of a market economy in the World Trade Organization (WTO) before the year is out. 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
