Saturday, August 9, 2014
China's monthly trade surplus leaped to a record US$47.3 billion in July, nearly tripling year-on-year, official data showed Friday, as the world's second-largest economy saw export growth accelerate while imports surprisingly shrank.
Auto sales in China, the world's biggest car market, accelerated in July, growing 6.7 percent to 1.62 million vehicles, an industry group said Friday.
Thursday, August 7, 2014
Chinese regulators have launched a series of anti-monopoly investigations of foreign automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.
With a fortune made in Chinese finance, Li Wang already has six cars including a Bentley and a Porsche, and his eye on his next multimillionaires' toy: a boat.
Wednesday, August 6, 2014
China's probes into foreign firms spread to the auto sector Tuesday as German car giant Daimler said it was assisting authorities after reports anti-monopoly investigators raided an office of its Mercedes-Benz unit.
Monday, August 4, 2014
Taiwan Cooperative Bank (合作金庫), the banking arm of Taiwan Cooperative Financial Holding Co., gained its first foothold in northern China by opening a branch in Tianjin (天津) on Friday.
Friday, July 25, 2014
A key measure of Chinese manufacturing activity hit an 18-month high in July, HSBC said Thursday, in a further sign the world's second-largest economy is gaining momentum on the back of Beijing's mini-stimulus.
Wednesday, July 23, 2014
Chinese President Xi Jinping is visiting Cuba with hopes of expanding political and economic ties in the fellow communist nation.
The Swiss and Chinese central banks signed a currency swap agreement in Beijing on Monday, marking an important step in the development of a market for yuan in Switzerland, the Swiss central bank BNS said.
Chinese police are questioning staff of U.S. food supplier OSI Group for selling expired meat, state media said Tuesday, as a newspaper blasted foreign brands for failing to adopt a “dedicated attitude” toward local consumers.