China's growing security concerns over overseas-made smartphones will translate into business opportunity for local vendors, analysts said on Monday.
The former chief executive of embattled Germany-listed Chinese shoe manufacturer Ultrasonic AG has resurfaced in China to deny absconding with millions of dollars of company money, telling local media he had been traveling and lost his phone.
As more Chinese customers venture abroad, the bank card's network expands, reports Wu Yiyao in Shanghai.
China will suffer substantially if the global multilateral trade negotiation mechanism collapses, a senior official of the World Trade Organization said recently.
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.
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Raymond Zhou
Op Rana
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Huang Xiangyang
Chen Weihua
