China's regulator relaxes key lending ratio in bid to boost growth by making bank loans more accessible instead of through increased shadow banking activity.
Even as many Chinese construction companies complain about the slim pickings from overseas projects at the moment, Sogecoa is raking in money by diversifying in Mozambique.
As Asian cultures use space in a different way to those of the West, the region needs to evolve a different way of planning the cities of the future, rather than following an outmoded European or US model.
Competition in China's fourth-generation telecommunications market is set to heat up after the regulator awarded LTE-FDD trial permits to local carriers on Friday, industry sources said.
As Transformers: Age of Extinction opens in theaters, General Motors Co is betting on the latest installment to help jump-start Chevrolet sales in China. The movie opened in China and the US on Friday.
A report urges China to develop nuclear energy and restart the plan to build nuclear power stations inland to reduce the nation's high energy consumption and clear smog and haze.
Institutional investors such as Greenland Group and Wanda Group are snapping up London real estate as their global business expansion quickens and the British property market recovers.
Internet giant Alibaba Group is promoting global use of its e-payment services amid a rising appetite for overseas shopping by increasingly wealthy Chinese consumers.
The property sector has been cooling this year. The average price in 100 key cities was 10,978 yuan per square meter in May, down 0.32 percent month-on-month.
Fourteen central departments and 54 affiliated agencies were found to have violated the rule of frugality guidelines by overspending $5.12 million on overseas business trips in 2013.
Financial regulators must step up their oversight of the banking system to keep rising credit and liquidity risks under control, amid slower economic growth in China.
Policymakers scramble for solutions to retain talent as more Chinese professionals search for better opportunities outside the country.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
