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China Daily Website

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  • Online luxury sales booming

    2012-05-21 20:25

    China's online luxury market is likely to surpass 20 billion yuan ($3.17 billion) this year.

  • Alibaba, Yahoo reach $7b deal

    2012-05-21 19:41

    The Alibaba Group announced Monday it will spend about $7 billion in repurchasing up to one-half of its major shareholder Yahoo.

  • Private fundraising still vexes Wenzhou

    2012-05-21 19:01

    The number of legal cases concerning private fundraising increased by 89 percent year-on-year in Wenzhou

  • Foxconn to build Apple production line in E China

    2012-05-21 17:32

    Foxconn Technology Group will invest $210 million to build an Apple production line in October in east China's Jiangsu province, local authorities announced Monday.

  • Morgan cuts China growth forecast to 8.5%

    2012-05-21 13:36

    Morgan Stanley announced Monday it has adjusted forecast of China's GDP growth to 8.5 percent this year from the earlier forecast of 9 percent.

  • Alibaba to repurchase 20% of Yahoo stake

    2012-05-21 13:13

    The Alibaba Group announced Monday it will spend $7 billion to repurchase up to one-half of its major shareholder Yahoo! Inc.'s stake in the company.

  • Chinese company to buy US AMC

    2012-05-21 11:12

    A Chinese conglomerate has announced it will buy U.S. cinema chain AMC Entertainment Holdings for $2.6 billion to create the world's biggest movie theater operator.

  • Railways try to get investors on track

    2012-05-21 03:04

    The Ministry of Railways released its second document on Sunday to announce a major revamp in how construction contracts are awarded.

  • China conditionally approves Google-Motorola deal

    2012-05-21 01:30

    China's anti-trust authorities have approved Google Inc.'s acquisition of Motorola Mobility Holdings Inc. with conditions.

  • Spike in agricultural trade with Africa

    2012-05-20 18:53

    China-Africa trade on agricultural products has gone through years of fast growth and the trade volume reached 4.78 billion U.S. dollars in 2011, a Chinese official said Saturday.

  • Wen urges efforts to maintain growth

    2012-05-20 15:58

    Premier Wen Jiabao urged more efforts to maintain relatively fast economic growth as the world's second-largest economy has shown signs of further slowing.

  • China's railway bidding opens to local markets

    2012-05-20 10:50

    Bids for railway contracts in China will open to local markets to ensure the transparency and fairness of the bidding process and prevent power-for-money deals.

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