Recovery momentum in June failed to carry over into July, as shown by China's softening data in industrial output, investment and retail sales, which underscored the fragility of the economy's exogenous momentum.
Housing sales fell 28 percent month-on-month in July, the biggest monthly decline this year, as tight mortgage lending outweighed efforts by local governments to ease property curbs as prices and demand weakened.
A Chinese antitrust adviser has been dismissed by the antitrust consultant committee of the State Council (cabinet) for providing consulting services to the world's largest smartphone-chip maker, Qualcomm Inc, as well as disciplinary violations, according to officials.
New yuan-denominated loans in July fell far short of market expectations, prompting calls from analysts for China to adopt a more flexible monetary policy as economic weakness persists into the second half of the year.
Equity crowdfunding promises to be the next big thing for Chinese startups, reports Lan Lan
Insurance penetration in China, a key indicator of the industry's role in the overall economy, is expected to reach 5 percent by 2020, the State Council said on Wednesday.
China stopped importing pork from six processing and six cold storage facilities in the United States on Wednesday to enforce its ban on the use of a feed additive that promotes lean muscle growth, the US Department of Agriculture said on Tuesday.
Managers are set to travel across three continents to hold 100 meetings with potential investors
Alibaba Group Holding Ltd is selling its small-business lending arm to the company that already controls payments affiliate Alipay, separating itself from the last of its major financial units ahead of an initial public offering expected next month.
Mobile platforms continue to givea lift to Internet company's portfolio
Global alternative asset manager The Carlyle Group LP and fund company Tiger Fund have invested more than $200 million in Chinese online and mobile-based classified advertising operator Ganji Inc, aiming to profit from the nation's expanding e-commerce sector.
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