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Business

House prices cool, sales plummet

[2014-04-02 08:33]

The cost of homes in major cities continues to rise, but the growth rate may slow, Hu Yuanyuan reports

Banks' exposure to property sector rises in 2013

[2014-04-02 08:33]

Eleven publicly listed lenders that have released their 2013 results have reported a combined 3.2 trillion yuan ($516 billion) in outstanding property loans as of Dec 31.

what's news

[2014-04-02 08:33]

Bond sales down more than 5% in January-February

Tight credit for developers, buyers keeps lid on home prices

[2014-04-02 08:33]

Property prices in 100 major cities are stabilizing, with month-on-month gains continuing to ease, the China Index Academy said on Tuesday.

Weibo paves way for wave of US listings

[2014-04-02 08:33]

Sina Corp's Weibo, which offers a micro blog service in China, moved closer to going public in the United States on Monday by choosing the Nasdaq for an initial public offering that could raise up to $500 million.

Convenience stores still have room for expansion

[2014-04-02 08:33]

Beijing is the second-least-developed city for convenience stores in the country, although this part of the retail sector grew faster than department stores and hypermarkets last year, an industry survey shows.

China Post, Horizon plan retail chain in rural areas

[2014-04-02 08:33]

Plans by China Post and US-based China Horizon Investments Group to open 500 directly operated retail stores in rural China have raised doubts over the risks of high logistic costs and insufficient purchasing power in rural communities.

Company special:Coca-Cola teams with Tsinghua to explore marketing

[2014-04-02 08:33]

The Coca-Cola Co began a decade-long program in partnership with Tsinghua University on March 31 that will include business courses, research into marketing and faculty development, said Qian Yingyi, dean of the School of Economics and Management.

Rise in Japan sales tax may hit China exporters

[2014-04-02 08:33]

Japan raised its sales tax on Tuesday, a move likely to depress Chinese export prices to Japan while bilateral trade remains full of uncertainties amid political tensions, experts said.

Corporate debt market on growth trend, report says

[2014-04-02 08:33]

China's bond market is projected to more than double within five years and account for 70 percent of the Asian bond market, a Boston Consulting Group report said.

A Capital launches $1.4 billion tech fund

[2014-04-02 08:33]

Beijing-based Euro-Asia private equity fund A Capital has launched a technology fund targeting 1 billion euros ($1.4 billion). It is designed to help European companies develop businesses with China's large market, its chairman told China Daily on Tuesday.

Jinjiang shoe industry making tracks to the Web and e-retail

[2014-04-02 08:33]

Jinjiang, widely known as China's footwear capital, is turning to e-commerce in hopes of turning around a slump marked by high inventory and closing stores, the city's mayor said.

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