According to a survey, 73% of Chinese consumers are willing to trade up and pay a higher price for products that are deemed healthier, 12 percentage points higher than the global average.
Chinese citizens who wish to buy a second home will enjoy the same 30% down payment required of first-time home buyers if they have fully repaid their mortgage loans, banking authorities said Tuesday.
BMW China and BMW Brilliance Automotive will recall 134,180 vehicles from Oct 30 due to fuel leak problems, China's quality watchdog said. The faulty fuel pumps will be replaced free of charge.
Daily lives of many people in Hong Kong have been disrupted by the blockades staged by protestors in various districts — with more than 42 bus routes and some tram services suspended.
Tech company will close the $2.1b acquisition of IBM Corp's x86 server division by Wednesday, giving it another profit driver in the post-PC era.
According to a study by McKinsey Global Institute, the Internet sector could add 0.3 to 1 percentage point to China's GDP growth until 2025.
Wang Xiaoye, one of China's leading experts on competition law, says foreign companies that feel wrongly accused of antitrust behavior need to take their cases to Chinese courts.
One week after the Shanghai Gold Exchange started trading, transactions on the international board have been scant compared with international peers.
Premier Li Keqiang said China will widen access to financial markets and open up capital and currency markets in an orderly manner.
One week after the Shanghai Gold Exchange started trading, transactions on the international board have been scant compared with international peers.
Premier Li Keqiang said China will widen access to financial markets and open up capital and currency markets in an orderly manner.
Microsoft Corp's new CEO Satya Nadella said Microsoft has to trust the Chinese government and work with industry regulators to expand its business in China.
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