Thursday, January 29, 2015
China's yuan has become the world's fifth most widely used payment currency, with the value of cross-border deals settled in it more than doubling in 2014, data from transactions organization SWIFT showed Wednesday.
Tuesday, January 27, 2015
Despite declining smartphone shipments by Samsung Electronics Co, which still accounted for the most smartphones running on the Android operating system last year, those using systems developed by Google Inc. are expected to see their market share grow at a double-digit pace in 2015, thanks to the rise of Chinese device makers.
With the proliferation of smartphones in China, the competition in mobile phone security applications has become equally fierce, revealing a growing disparity among many rival products.
Saturday, January 24, 2015
Chinese manufacturing activity picked up marginally in January but still contracted, a closely watched gauge indicated Friday, as growth in the world's number two economy slows down.
Friday, January 23, 2015
China's Premier Li Keqiang sought Wednesday to allay fears over the Asian giant's growth outlook, telling business and government elites gathered in Davos that the economy is not heading for a sharp slowdown.
Thursday, January 22, 2015
China's e-commerce boomed in 2014 with transactions reaching around 13 trillion yuan (US$2.09 trillion), the government said Wednesday, as Beijing looks online for new drivers of growth.
Wednesday, January 21, 2015
China's economy grew at its weakest for almost a quarter of a century in 2014, official data showed Tuesday, with authorities describing slower expansion as the “new normal” and analysts tipping further deceleration this year.
Tuesday, January 20, 2015
China's economy grew at its weakest for almost a quarter of a century in 2014, official data showed Tuesday, with authorities describing slower expansion as the "new normal" and analysts tipping further deceleration this year.
Chinese shares closed down 7.70 percent on Monday, the biggest fall in more than six years, after regulators cracked down on margin trading that has fueled a market rally.
Wednesday, January 14, 2015
Global stock markets drifted Tuesday as oil extended its slide, falling below US$45 a barrel, while better-than-expected Chinese trade figures countered recent gloom over the slowdown in the world's No. 2 economy.