Monday, February 9, 2015
China's monthly trade surplus rose 88 percent to reach a record 370 billion yuan (US$59 billion) in January, data showed Sunday, as imports dropped sharply on lower commodity prices and sluggish domestic demand.
China's railway equipment exports accounted for 10 percent of global market share in 2014, said Wang Xiaotao, vice minister of the National Development and Reform Commission, on Friday.
The towers of Disney's planned Magic Kingdom in Shanghai are wreathed in scaffolding and mystery after the U.S. entertainment giant pushed back the opening of its first mainland China theme park to 2016.
Thursday, February 5, 2015
China's central bank said Wednesday it would make an across-the-board cut in the percentage of funds banks must hold in reserve, the first such cut in nearly three years as the world's second-largest economy falters.
Wednesday, February 4, 2015
A Chinese solar energy tycoon has replaced e-commerce giant Alibaba's founder Jack Ma as the country's richest man with a fortune of US$26 billion, a wealth survey showed Tuesday.
Tuesday, February 3, 2015
A father and daughter who belonged to a fringe Chinese religious group were executed Monday for beating a woman to death at a McDonald's restaurant, reportedly after she rebuffed their attempts to recruit her.
Chinese factory activity contracted in January for a second straight month, a closely watched private survey showed Monday, a day after the government announced the first official decline in the sector in more than two years.
The game has changed in Macau.
Monday, February 2, 2015
Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in Europe.
A pilot program for cross-border foreign exchange payments will be expanded to support the development of cross-border e-commerce and limit the risks associated with online payments involving foreign currencies, the State Administration of Foreign Exchange announced on Thursday.