The US tech giant's plan to layoff as many as 18,000 workers, the biggest staff reduction in its history, could cost China more than 1,000 jobs.
People's Bank of China will use unconventional monetary tools such as re-lending and pledged supplementary lending to maintain relatively loose liquidity.
Among 70 major cities in China, 55 recorded month-on-month price declines for new homes last month, up from 35 in May, the National Bureau of Statistics said in a statement on Friday.
Total area of Lujiazui's commercial properties in Shanghai will be spread over 14 million square meters by the end of the 12th Five-Year Plan (2011-15).
Chinese Premier Li Keqiang's focus is to ensure that the economy grows at a steady, moderately fast pace for a long time, without a sudden surge or fall.
China's local government in more second-tier cities are rushing to lift restrictions on home purchases as sluggish property sales undercut local fiscal revenue.
A United States court ruling in favor of China's Sany Group Co Ltd signals an early victory for the company and sets a precedent for other Chinese firms hoping to enter the US market.
Xiaomi Corp, a company known for its aggressive pricing strategies, expects its products to be popular with customers in the fastest-growing telecom market in the Asia-Pacific.
Direct investment from Japan between January and June slumped 48.8% year-on-year to $2.4 billion, the Ministry of Commerce said, as some observers attributed this in part to political tensions.
The Canadian-American entertainment studio, which owns the popular vampire movie franchise "The Twilight Saga", is expected to deliver its video contents through Alibaba's new TV set-top box.
Chinese Premier Li Keqiang has vowed to broaden private firms' market access and cut redundant administrative procedures amid "persistent downward pressure".
Smartphone giant has stopped doing business with a South Korean-owned supplier in Dongguan over suspected use of underage labor, the first time it has taken such a step.
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