Industrial & Commercial Bank of China Ltd and Bank of China Ltd won approval to change how capital ratios are calculated, in line with international standards, as regulators seek to ease financing constraints for the country's biggest banks.
Very few Chinese businesses have merger and acquisition plans in the next three years because of increasing concerns over financing, a report by international accounting firm Grant Thornton showed on Thursday, suggesting a more cautious attitude toward business expansion.
The scenic city of Guilin, one of the most popular tourist destinations in China, should follow in Hainan province's footsteps in building a shopping mecca, national lawmakers have said.
General aviation-related companies are setting up shop in aeronautic hub
The China Securities Regulatory Commission (CSRC) signed a Memorandum of Understanding with the Jersey Financial Services Commission (JFSC) on Wednesday, providing another vehicle for China's enterprises to enter overseas markets.
The nation's top economic planning agency said on Wednesday that domestic economic growth will be under pressure over the next two years and macroeconomic policies must be fine-tuned to ensure long-term expansion.
SUV fans now have the opportunity to explore the "Spirits of Chivalry" as Mercedes-Benz kicks off online registration for its SUV family campaign this year, the company said.
HK factory owners are debating options of building new bases in Southeast Asia, Emma Dai reports
China appealed the World Trade Organization ruling on the US anti-subsidy duties case on Wednesday, the Ministry of Commerce announced.
$1.1 billion for piece of Wasu Media part of recent buying spree
It takes some time to identify Gong Haiyanin's work station, from where she runs her second business after the success of Jiayuan.com - one of China's leading online matchmaking platforms.
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