Young, rich and hungry for speed, a new generation of Chinese drivers is reshaping the global market with their taste for powerful cars, said a new study released on Wednesday.
Consumers have increasingly high expectations of financial services, and banks that can innovate fast enough to keep up with their demands are the most likely to succeed, according to Boston Consulting Group on Thursday.
Consumers will soon have a plethora of express delivery companies to choose from in China as the government has decided to open up the express delivery market to qualified foreign companies.
Russia has developed a strong appetite for the Chinese currency, reports Bloomberg in Moscow.
Basel committee rules tend to drive up banks' compliance costs, Shang Fulin says
An estimated 400 local employees are expected to receive pink slips
China Vanke Co, the country's biggest developer by sales, has again turned to online marketing with an unusually structured home auction that is getting a mixed reaction.
General Motors Co expects Cadillac sales in China to increase by 40 percent this year, as the US carmaker prepares to reorganize its luxury brand as a separate unit based in New York.
Brokerages get support ahead of Hong Kong exchange link
Chinese home appliance brands are expanding into European markets, a report of market research consultancy GfK said on Wednesday.
The World Trade Organization expects global commerce to grow by only 3.1 percent in 2014, down from the 4.7 percent forecast made in April, as import demand in China and other resource-rich regions weakens.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
