When heavy smog in Shanghai last November caused his 2-year-old daughter to develop a bad cough, Kim Poulsen, executive vice-president of UPM Paper Asia, temporarily sent his family back to Finland.
The papermaking industry in 2014 is expected to remain slow in terms of growth due to the lack of stimulus policies for related industries, according to an industry leader.
Small and medium-sized entrepreneurs in Thailand who are clients of a leading bank in the Southeast Asian country, Kasikornbank PCL, can export their products to more than 240 countries and regions through Alibaba Group Holding Ltd.
Apple Inc is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect factory workers who build the devices.
Ting Hsin International Group, owner of fast-food chain Dicos, FamilyMart convenience stores and instant noodles brand Master Kong, has signed a contract worth 4.2 billion yuan ($680 million) with Guiyang, Guizhou province, in Southwest China to build industrial hubs.
The Shanghai-to-Hong Kong stock price convergence trade is spurring record inflows into exchange-traded funds that invest in the Chinese mainland.
China's top five banks will raise 128 billion yuan ($20.8 billion) in a two-week bond offering spree following a yearlong hiatus, as regulators signal a willingness for lenders to aggressively tap fixed-income markets.
Leading sportswear company Li-Ning has seen a widening loss of 586 million yuan ($95.2 million) as a result of high inventory and bad debt despite the company's efforts to transform its supply chain and store network in the first half of 2014.
Six domestic express delivery companies are being investigated for alleged collusion after they raised their rates simultaneously in Chongqing.
Recovery momentum in June failed to carry over into July, as shown by China's softening data in industrial output, investment and retail sales, which underscored the fragility of the economy's exogenous momentum.
Housing sales fell 28 percent month-on-month in July, the biggest monthly decline this year, as tight mortgage lending outweighed efforts by local governments to ease property curbs as prices and demand weakened.
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Raymond Zhou
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Chen Weihua
