Xiaomi Corp became the world's third-largest smartphone vendor after outselling rivals in its home market of China with inexpensive devices packed with high-end features.
Adaptiveness can help firms tackle uncertainty and volatility, BCG president says
Wrinkles in infrastructure sector investment need to be ironed out
China property prices could fall as much as 10 percent this year and the slump may extend into next, according to the founder of the country's biggest real estate information website.
The yuan's share of global payments rose to a record in September as China bolstered efforts to promote international use of its currency.
Growing challenges at home may mean further expansion overseas
China Rongsheng Heavy Industries Group Holdings Ltd, the private-sector shipbuilder that had sought financial assistance, has secured cash for restructuring and announced changing the company's name as it shifts focus to energy.
Baidu Inc's third-quarter sales missed analyst estimates as the owner of China's largest Internet search engine pushes deeper into mobile services.
Oversea-Chinese Banking Corp, one of Singapore's major lenders, has reported a fourth quarterly profit increase as it absorbed loans from its Wing Hang Bank Ltd acquisition and booked a gain from a stake in a Chinese bank.
Aging numbers and middle class growth driving the demand for medical devices
Be it made-in-Germany kitchenware or infant formula from the United States, Chinese shoppers can now place orders directly from overseas online shopping platforms owned by Amazon.com Inc as the e-commerce giant steps up efforts to boost its market share in China.
Companies' shadow banking assets hit 1.14 trillion yuan, or 13 percent of investments, reports Bloomberg.
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Raymond Zhou
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