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Harrison Wang, a 28-year-old audio engineer, has been thinking about putting his compact car in storage ever since his fuel bill started rising as a result of the government's deregulation of the oil price.

Tingyi (Caymen Islands) Holding Corp plans to raise as much as NT$17.1 billion ($532 million) in Taiwan depository receipts, the biggest offering by an overseas Taiwanese company returning to the island's stock market.

Encouraged by the central government's stimulus measures tailored for domestic consumption, China's retail sales this year may surge by 16 percent from a year earlier, compared with that of 15 percent during the first 10 months, the Ministry of Commerce said.

When Chongqing police busted a gang that processed and resold nearly 800 tons of illegal edible salt in a year, it only hinted toward the corruption that plagues the domestic salt industry functioning in an imperfect legal system, officials have said.

Yunnan Copper Co, China's third-largest copper producer, is thinking of acquiring a copper mine in Kazakhstan next year, the company's general manager Yang Chao told China Daily in an exclusive interview.

Biz Unusual

Qing palace sale attracts State companies' interest

A courtyard house next to Beihai Park that was once part of a Qing dynasty palace is being advertised online for 420 million yuan and attracting the interest of State-owned enterprises.

New deal for commercial flights over the Great Wall

Old train tickets and the memory of yesteryear

'Hometowns' battle to claim their celebrities

Equestrian enthusiasts advocate riding horses to work

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