Weakness in the property market is prompting most cities to ease purchase restrictions and other curbs. But with negative sentiment among buyers so strong, analysts warned that local governments' moves will not help much - and might even backfire.
The desire for foreign goods purchased via the Internet is becoming so common in China it has spawned the term haiwai daigou, which roughly means overseas shopping representatives.
Media reports on the deepening of mixed-ownership reform for certain State-owned banks have intensified recently, but analysts said the results of the reform remain to be seen and its pace will be slower than expected.
Chinese stocks fell the most in six weeks, led by financial and energy companies, amid concerns that recent gains were excessive relative to growth prospects.
Before the opening ceremony of Max Mara's biggest flagship store in Asia, the chairman of the Italian fashion house, Luigi Maramotti, was being photographed and giving interviews in the stylish building at China Central Place, a premium commercial complex in Beijing.
Years of rising Chinese affluence in major cities have made global luxury players salivate over the prospect of expensive apparels and accessories.
Air China Ltd, the flag carrier of China, will spend 360 million yuan ($58.06 million) to raise each of its pilots' income by 80,000 yuan annually on average, which will benefit 4,560 pilots at its five subsidiaries.
After a loss in the first six months, China Southern Airlines Co, Asia's biggest carrier by passenger numbers, forecast a better second half as economic growth picks up and the yuan's volatility eases, Chairman Si Xianmin said.
Priceline Group Inc, the world's second-largest online travel company by gross bookings based in the US, announced on Thursday it is investing $500 million in Ctrip.com International Ltd.
China is soon expected to become the largest global cruise market, according to the head of the world's largest cruise company.
The coal sector is taking steps to escape the triple trap of falling prices, weak demand and continued losses.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
