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Business

Alibaba, ShopRunner plan to launch joint China service

[2014-05-09 07:10]

Alibaba Group Holding Ltd has struck one of its largest deals with a US e-commerce company, agreeing to help Amazon.com Inc rival ShopRunner Inc expand into China.

Recruiters find rich resources

[2014-05-09 07:10]

A recruiting business is easy to start. All it takes is a phone and a suitcase, according to some industry experts.

Middle, 'grass-roots' workers' wages rise

[2014-05-09 07:10]

The monthly income of people working in middle or grass-roots positions in China's cities stood at 3,033 yuan ($530) on average at the beginning of the year, up 16.5 percent year-on-year. It's still far below the average wages being earned in first-and second-tier cities, according to a survey by Ganji.com, an online platform for classified ads, and the Market Research and Media Center of Peking University.

Opportunities await nation's banks, E&Y says

[2014-05-09 07:10]

China's banks can embrace opportunities thrown up by the country's economic fundamentals and prospects for long-term economic growth, London-headquartered Ernst & Young LLP said in a report on Thursday.

Property developers face uphill battle

[2014-05-09 07:10]

China's property developers face an uphill battle as home sales continue to decline and profits dwindle.

Bankers see renminbi on rising road

[2014-05-09 07:10]

Major global financial institutions on Thursday released a report that advocates and anticipates more open capital markets and increased global use of the yuan.

CFOs less optimistic, Bank of America survey shows

[2014-05-09 07:10]

China's leading chief financial officers appear less optimistic about their companies' financial performance this year than in 2013 and are more cautious about margin growth, according to a survey by Bank of America Merrill Lynch.

Alibaba files for $1 billion IPO in US

[2014-05-08 06:42]

Founded in a Hangzhou apartment in Zhejiang province 15 years ago, Jack Ma's Alibaba Group Holding Ltd has grown into a monster conglomerate, dominating one of China's most dynamic economic sectors: e-commerce.

Iron ore surplus seen shuttering China mines

[2014-05-08 06:42]

New, cheap supplies from Australia, Brazil pushing global prices down

What's news

[2014-05-08 06:42]

Mining tycoon's companies investigated amid default

Claim of China's economic supremacy greeted with doubt

[2014-05-08 06:42]

Flawed purchasing-power method used in report, many experts say

Tapping world's fastest-growth art market

[2014-05-08 06:42]

Six months ago Christie's debuted on China's mainland as a sole-funded international auction house. Cai Jinqing remembers the live auction well and talks animatedly about its unexpectedly warm response.

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