Restrictions hurting Yabaolu

Beijing's "Little Russia" is facing big problems.

Will sanctions close the curtain on Beijing's Russia town?

'Beijing-Istan' taking shape

The Soviet Union is reuniting - in a sense - in Beijing. More precisely, the people of the countries of the former Soviet bloc are expanding their presence in what's commonly referred to as "Russiatown" in the Chinese capital.

Investment laws to be revised by next year

Revision of foreign investment laws is likely to be concluded in 2015, when the focus will shift to the supervision of investors and their conduct, Assistant Minister of Commerce Wang Shouwen told China Daily on Thursday.

Manufacturing gauge triggers fresh concerns on 2014 growth

A Chinese manufacturing gauge fell more than analysts estimated in August as a credit slowdown and property slump add to risks the world's second-largest economy will miss its growth target this year.

CMIC enters market with $8b in assets

A 50 billion yuan ($8.14 billion) private conglomerate - China Minsheng Investment Corp Ltd - was unveiled in Shanghai on Thursday with the goal of promoting China's burgeoning private investment in domestic and overseas markets.

Online sales help firms stay healthy

When Shi Zhenyang was running nine drugstores in China five years ago, he struggled to compete with major chain Changsha Baixing Pharmacy. 7LK, his company, was a latecomer to the market and Shi felt he had missed his opportunity.

What's news

BoComm reports 5.6% increase in Q2 profit

Exhibition Special: Global event organizer positive about China growth

Reed Exhibitions, a leading event organizer with a presence in 43 industries around the world, plans to continue growing in China amid the economic slowdown.

Riding the hotel wave on the cusp of change

Hilton Worldwide Holdings Inc, the world's largest hotel operator by market value, has big dreams in China, ones that are hinged closely to the country's rapid economic growth and burgeoning hospitality market, a top company official said.

Turning point for the hospitality industry

Individual business and leisure travelers will provide the much-needed growth momentum for Chinese hoteliers, even as prospects in the high-end segment continue to be bogged down by the government's austerity measures, a new industry report said.

AVIC takes flight in Cambodia

Cambodia made its biggest international order of the Chinese MA60 "Modern Ark" twin turboprop aircraft on Thursday after the newly launched Cambodia Bayon Airlines signed a procurement contract for 20 MA60s with Xi'an Aircraft Industry Group under China Aviation Industry Corp.