Home sales bottomed out in the second quarter, though prices will not recover for at least 12 months, Jeffrey Gao, head of China property research with Nomura Securities Co Ltd, said on Wednesday.
Baidu Inc, China's biggest search engine, is challenging the country's No 1 e-commerce company, Alibaba Group Holding Ltd, by adding services that help shoppers find retail stores and retrieve product information.
Voice-and picture-related search requests will surpass text searches within five years, Baidu Inc founder and CEO Robin Li said on Wednesday.
Financial analysts warn that if a downgrading occurs, it will erode the SAR's economic competitiveness, reports Oswald Chan.
China will allow overseas investors to establish and own shipping enterprises, according to new guidelines that aim to boost the deficit-plagued sector.
Tsingtao looks to consolidate its position in China with reliance on established brand
Ctrip.com International Inc, the largest online travel agency in China, announced on Wednesday it is going to buy a liner from Royal Caribbean Cruises Ltd based in Miami.
Move likely to affect salaries for about 200 executives of central govt entities
The first official approval for a domestic drug company to make generic erectile dysfunction medicine known as sildenafil citrate is expected to shake up a market that has been dominated by foreign manufacturers.
Warburg Pincus LLC will invest close to $700 million in China Huarong Asset Management Co, people with knowledge of the matter said, in the biggest investment in the nation's financial industry by a foreign buyout firm.
Country has large reserves but location makes exploration difficult
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