US authorities fined international cosmetics seller Avon Products $135 million to settle a corruption probe in China, the supplier having bribed local officials.
Geely Autmobile expects its net profit in 2014 to roughly halve due to foreign exchange losses from its operations in Russia and a sharp fall in sales in its major export markets.
Chinese real estate mogul Wang Jianlin trails Jack Ma, executive chairman of Alibaba, and Hong Kong's Li Ka-shing among Asia's wealthiest, with the trio controlling a combined fortune of $81.5b.
A prolonged market slump in Hong Kong IPOs began in September apparently triggered by an outflow of capital back to the United States, and its high listing costs are also discouraging many enterprises.
Chinese property developer Greenland Holding Group has broken ground for a project that could be the largest real estate development plan in New York City for 20 years.
After conquering small screens on personal computers and mobile devices, the nation's Internet giants are now moving to the big screen.
Pakistan has bought many Chinese-made military aircraft over the years, and the JF-17 Thunder was jointly developed by AVIC and the defense contractor Pakistan Aeronautical Complex.
Wang Jianlin, China's second-richest man, claimed the real estate industry had entered a state of "new normal", saying the industry would neither boom nor bust in the next year.
The China Insurance Regulatory Commission (CIRC) announced a venture capital fund scheme which will facilitate insurance capital investment for small companies and start-ups on Monday.
Two main paths for textile companies have emerged: moving to Africa or Southeast Asia for low-cost labor, or staying in China to make premium products.
The extension of tourist visas between the United States and China, from one year to 10 years, will provide a huge boost to the travel industries of both countries.
Senior Chinese and United States officials will meet next week in Chicago for a high-level forum to address bilateral trade and investment issues and promote business opportunities.
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Raymond Zhou
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Chen Weihua
