The antitrust investigation into FAW-Volkswagen started from the complaint of an Audi customer, who says the insurance company would only compensate 1/3 of her vehicle's maintenance costs.
China's richest man, Jack Ma, wants investors in Alibaba Group Holding Ltd to know where they stand in its impending IPO - and that may not be where they imagine.
Against the backdrop of a "surprisingly weak" global economy in the first half of 2014, economists in Tianjin struck a relatively upbeat note on China.
A pending government approval is likely the major reason that the world's largest smartphone market will miss the rollout of the iPhone 6 in China.
The value of the Chinese currency renminbi strengthened by 95 basis points to 6.1425 against the US dollar in its central parity on Wednesday.
Alibaba takes a conservative approach as it does not want to repeat Facebook's experience of witnessing a fall in prices right after its shares started trading.
Zhang Yaqin, a top executive for Microsoft Corp in China, is leaving the US-based software giant to join domestic search provider Baidu Inc, saying his mission with Microsoft has been "accomplished".
The tainted oil in Taiwan's latest food scandal has met safety standards, but the products will still be banned from sale with severe punishment for those breaking regulations.
The first six months of 2014 were not easy for a slowing Chinese economy. For China's steel companies, times were even harder as many saw their debts approach alarming levels.
Chinese shipbuilding companies received more orders but saw shrinking profits in the first seven months, according to the latest data by the China Association of National Shipbuilding Industry.
Alibaba Group Holding Ltd disclosed its initial public offering price range for the first time, which stood between $60 and $66 and was considered conservative by some analysts.
Fair competition is the key to Internet companies improving services, and judicial and administrative bodies should ensure a level playing field for them.
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Raymond Zhou
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