The lifting of a 13-year ban on the sales of gaming consoles in China has been confirmed with the establishment of a joint venture between Shanghai Oriental Pearl (Group) Co Ltd and Japanese electronics giant Sony Corp.
China's steel industry will face higher financial risks in the second quarter in addition to its existing bad debts, experts say.
Mobile phone companies home in on success of Yu'ebao
China Resources Enterprise Ltd, the company that makes the country's best-selling beer, Snow Beer, with SABMiller Plc, said first-quarter earnings declined 32 percent as a slowing economy damped consumer spending. The shares fell.
Alibaba Group Holding Inc, the Chinese e-commerce conglomerate that recently filed for its initial public offering in the United States, is making a foray into the entertainment and film industry, according to a company it recently acquired.
The products of Wuliangye Yibin Co Ltd, the maker of what's easily China's most prestigious and recognizable brand of baijiu (white spirits), recently announced a substantial price cut. It reduced the wholesale price of one of its most select brands, 52-proof Crystal Wuliangye, by almost 17 percent.
To Chinese, the Czech Republic conjures scenery and culture. Pavel Kysilka, chairman of the Czech Savings Bank, the central European country's largest bank said there's more.
Individuals, small firms still lack access to credit, UN official says
Chinese institutional investors and property developers are still pouring money into building senior living communities, despite the continuing cooling of the overall real estate sector.
Early in the morning, Rudy Manuel accompanies his father to the farm of their Chinese agricultural partner to sell their rice.
Disintermediation-or cutting out the middle man-may jeopardize an otherwise promising future for advertising companies and force them to strive for new business models in the near future, said experts.
With Microsoft Inc's Windows 8 now banned from being installed on Chinese government computers, domestic operating system developers are seeking niches in the world's biggest personal computer market.
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