Every time he sees his next-door neighbors, Shen Tianyi feels he is staring at his future.
A joint venture port corporation was established on Tuesday by Tianjin Port Group Co Ltd and Hebei Port Group Co Ltd to combine the maritime transport resources of northern China and support plans for the integrated development of Beijing, Tianjin and Hebei province.
Domestic telecom carriers currently squeezed by paying Apple, Samsung
Australians once rioted against Chinese migrants attracted by a 19th century gold rush. Now, Sydney's sole casino depends on the city's Asian ties for high rollers who provide almost one-third of its revenue.
Smartphone retailers may be feeling a chill despite China's sweltering heat as sales for devices made by Apple Inc and Samsung Electronics Co are heading on a downward slide.
Internet giants add spice to nation's growing luxury pickup services market with products to attract more wealthy customers, reports Meng Jing.
The chill in the property market has cooled developers' interest in acquiring new sites, pushing local governments' land sale revenue down sharply.
Bank of China Ltd reported its slowest profit growth since the first quarter of 2013 after bad loans rose to the highest level in more than five years and the lender set aside provisions for more soured debt.
Bank of China Ltd is making strenuous efforts to develop its cross-border renminbi business, part of its drive to expand non-interest income as it faces the dual challenges of a contracting interest rate margin and the increasing risk of bad loans.
Sweden's Inter Ikea Systems BV, the world's largest retailer for home furnishings, said China became one of its top 10 markets by revenue for the first time in the current fiscal year, which ends on Aug 31.
Overcapacity in steel sector forces firm to chart new growth strategy
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