Peer-to-peer lending companies are expected to pose a strong challenge to traditional lenders in China, as they continue to attract more customers and enterprise clients with lower financing costs, experts said.
Launch postponed indefinitely as company says it needs more time to iron out glitches
Japanese automaker Nissan Motor Co said on Monday that it has set up a joint venture with Dongfeng Auto Motor Corp to manufacture and market its luxury brand Infiniti in China.
Two subsidiaries of Henan Shuanghui Investment and Development Co have gained access to the Russian market, after its parent company - WH Group Ltd, the world's largest pork producer - acquired US pork producer Smithfield Foods Inc and bought a stake in Campofrio Food Group SA of Spain, the largest pan-European packaged meat products company, last year.
Proxy buying loses steam as more investors take direct market route
Stocks fell in numerous markets on Monday, led by Hong Kong shares, while United States equity-index futures tumbled with commodities amid speculation that China may accept slower growth.
Industrial output in August expanded just 6.9 percent year-on-year, the weakest level since the global financial crisis six years ago. Fixed-asset investment, retail sales and the growth of home sales also slowed last month. The numbers underscore the risks of a deepening economic slowdown prompted by a slumping property market. The slowdown will test Premier Li Keqiang's resolve to avoid stronger monetary stimulus to meet the 7.5 percent GDP growth goal this year. Economists are hotly debating whether the government should launch a stimulus package to meet the goal. Several of those economists weigh in here.
A leading omni-channel commerce expert has made a bold statement to global retailers: do not rely too much on platforms run by Alibaba Group Holdings Ltd as the sole "face" of their business in the region.
It is time for China to explore the "recipe" for British cultural soft power, which generates many economic benefits.
Experts: South Korea, Thailand are top choices for mainland tourists
Tourists from China who travel to various destinations in Asia may soon find a familiar sign welcoming them at busy airports and sprawling stores. The logo of UnionPay, the Chinese payment solutions provider, is now prominently visible at the round-the-clock fast fashion retailers of Dongdaemun in Seoul and even in the duty-free stores at the sprawling Changi Airport in Singapore.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
