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.
A Chinese antitrust adviser has been dismissed by the antitrust consultant committee of the State Council (cabinet) for providing consulting services to the world's largest smartphone-chip maker, Qualcomm Inc, as well as disciplinary violations, according to officials.
New yuan-denominated loans in July fell far short of market expectations, prompting calls from analysts for China to adopt a more flexible monetary policy as economic weakness persists into the second half of the year.
Equity crowdfunding promises to be the next big thing for Chinese startups, reports Lan Lan
Insurance penetration in China, a key indicator of the industry's role in the overall economy, is expected to reach 5 percent by 2020, the State Council said on Wednesday.
China stopped importing pork from six processing and six cold storage facilities in the United States on Wednesday to enforce its ban on the use of a feed additive that promotes lean muscle growth, the US Department of Agriculture said on Tuesday.
Managers are set to travel across three continents to hold 100 meetings with potential investors
Alibaba Group Holding Ltd is selling its small-business lending arm to the company that already controls payments affiliate Alipay, separating itself from the last of its major financial units ahead of an initial public offering expected next month.
|
|
|
|
|
|
|
|
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
