Macao's casino revenue fell for the first time in five years last month as the soccer World Cup diverted some bettors in the world's largest gambling hub.
China Merchants Bank Co Ltd has received permission from the Chinese authorities to set up a branch and a subsidiary in Luxembourg, making it the fourth Chinese bank to have a presence in the Grand Duchy, said Pierre Gramegna, Luxembourg's minister of finance.
Samsung Electronics Co said 59 suppliers failed to provide adequate safety equipment for workers as the world's largest smartphone maker struggles to improve labor standards at plants in China.
China and Russia are exploring options to enhance Chinese investment in big-ticket Russian infrastructure projects, along with steps to provide flexible financial support from lenders in both countries, government officials said.
China's banking regulator said on Monday it was allowing lenders to make more loans through a modification in the way a key regulatory ratio is calculated.
The China Banking Association said on Monday that banks' profit growth might further decelerate to 9 percent this year, following a slowdown in the economy that limits loan book expansion.
A Chinese locomotive manufacturer plans to set up a factory in South Africa after landing a series of major train building deals.
China and Russia signed a memorandum of understanding on Monday to deepen cooperation between each other's satellite navigation systems to compete with Europe's Galileo and the United States' Global Positioning System.
The Finance Ministry may scrap the consumption tax on ordinary cosmetics as part of a broader fiscal reform.
The proportion of the current account surplus to gross domestic product in China has been decreasing in recent years and has dropped to a reasonable level that is internationally recognized, the nation's foreign exchange regulator said on Monday.
Retail supermarket chain Post Mart has closed stores in Shandong and Jiangxi provinces and has sublet its stores in Henan province to contractors, as part of the efforts to stem losses from operations in rural China.
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