Bank of China Ltd rolled out a new index on Tuesday that tracks the development of offshore yuan as part of its pledge to build up strength overseas to cash in on the yuan's globalization.
Help may be at hand for cash-strapped small firms as regulators approve the establishment of banks backed by entrepreneurs, reports He Wei from Shanghai
Chinese Internet conglomerates are coming out with virtual credit card services to facilitate smoother digital transactions as they vie for a bigger share of their respective payment niches.
As Cyril Alves left for his home country France in late February, the 39-year-old technician at Adisseo Nanjing said his heart became heavy at the thought of the children he and his colleagues helped in northern Jiangsu province.
Investors seek out more hedging in futures market, says dealers
The contraction of China's exports in February coincided with a rapid depreciation of the yuan, making the contraction even harder to explain and the outlook of China's exports this year even more unpredictable.
Shanghai major index falls below the psychologically important 2,000 level
China's Internet giant Tencent Holdings Ltd is buying a stake in the country's second-largest online retailer in order to boost its competitive advantage in mobile Internet against its rival Alibaba Group Holding Ltd, the country's dominant player in e-commerce.
As world shipping industry lies in choppy waters, the Chinese company is finding new market growth points, Zhong Nan reports
Chinese equity exchanges are exploring new and creative ways to accommodate strong funding demand from high-growth companies.
China must take resolute measures to restrict large-scale grain and cotton imports and crack down on smuggling activities to ease the pressure on the country's record-high grain inventory rate, the head of China's agricultural policy bank said.
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