China's economy needs a new source of momentum, not a rebalancing as so many analysts claim, senior economists at Peking University said.
Robert Shiller might know he is hot in China, but he probably doesn't know just how hot.
Unfortunately it was with no great surprise that a drop of nearly 30 percent in net profit year-on-year for 2013 was reported recently for Quanjude, one of China's leading brands in the catering sector.
Recent economic weakness in China hasn't deterred foreign direct investment, with inflows maintaining robust growth in the first two months of this year, figures from the Ministry of Commerce indicated on Tuesday.
Tourists will soon have the chance to be compensated financially if they encounter haze and smoggy days during their trips.
Country's debt risk is 'generally controllable', but more defaults of financial products may occur in the coming months, reports Xie Yu from Shanghai
The smartphone and mobile Internet markets have grown rapidly in China, and many mobile application developers are collecting a wide range of user information, some of which goes beyond what they need to market their products.
China's net foreign exchange purchase was 128.25 billion yuan ($20.71 billion) in February, the latest statistics from the central bank showed on Tuesday.
Automaker's aviation unit to help build Pacific Aerospace aircraft
Shanghai Pudong Development Bank said late Monday night that it's considering the purchase of a controlling stake in a trust company from its parent, as it develops its transformation into a comprehensive financial group.
Prices of pre-owned homes reflect 'change of thinking' by some buyers