China signaled that it will cut its vast shipyard army to get industrial growth back on a healthy track this year, as its earning ability falters amid cheap vessel prices, blind expansion and speculation in the shipbuilding sector.
South Korea is quickly overtaking Japan as China'sregional trading partner of choice as its automobiles and electronics are snapped up by the world's second-largest economy, reports Yao Jing
Poll shows concern that asset bubble will burst
Relaxed regulation unlikely to create big short-term waves amid low stock market confidence: Analysts
China could overtake the US to become Bentley Motors' largest market within four years, Wolfgang Schreiber, chairman and chief executive of the British automaker told China Daily in an exclusive interview on Wednesday.
Ineos Group Ltd, one of the world's largest chemical companies, will say on Friday it is taking units of Sinopec Group, China's largest oil refiner and distributor, to court.
China Mobile Ltd, the world's largest telecom carrier by subscribers, experienced its first annual net profit decline in more than a decade after the company invested heavily in mobile network projects and was put under pressure by Internet companies.
PetroChina Co Ltd said on Thursday that operating profit grew at a double-digit pace last year as its overseas oil and natural gas output increased and government-controlled domestic energy prices rose.
Shanghai is expected to replace Hong Kong as China's largest office market by 2020, with its top-end office stock surging 80 percent from the current level to 13 million square meters, a report said.
After a series of buying up and investment in its home market, Alibaba Group Holding Ltd, a Chinese e-commerce conglomerate, made its move in the United States by sinking $215 million in the California-based chat application Tango.
China Resources Enterprise Ltd said on Thursday that it will slow down the opening of new stores in China and focus more on integrating operations with Tesco Plc this year.
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