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Evergrande blooms in wilting property sector

[2014-12-05 08:00]

Evergrande Real Estate Group, a leading property developer, has achieved its annual sales targets early after posting sales of 120.7 billion yuan ($19.6 billion) during the first 11 months of the year.

FTZ branch to help Westpac expansion

[2014-12-05 08:00]

Australia's Westpac Banking Corp has opened a sub-branch in China (Shanghai) Piloted Free Trade Zone to target opportunities brought about by China's ongoing financial market liberalization, increased global use of the renminbi, and the recently signed China-Australia Free Trade Agreement.

Services get a lift from construction

[2014-12-04 07:13]

A rebound in construction gave a boost to the service sector last month, the National Bureau of Statistics and the China Federation of Logistics and Purchasing said on Wednesday.

Iron ore demand forecast to stay steady in 2015

[2014-12-04 07:13]

Iron ore imports are expected to grow 6.4 percent year-on-year to around 1 billion metric tons in China during 2015, driven largely by lower commodity prices and growth in domestic demand, industry experts said on Wednesday.

Acquisition paves way for Woolworths expansion

[2014-12-04 07:13]

Woolworths Liquor Group, a leading global drinks retailer and the top seller of alcoholic beverages in Australia, on Wednesday announced the $25 million acquisition of Summergate Fine Wines & Spirits and Pudao Wines as it seeks to expand in the Chinese market.

Retail takes on a whole new experience to attract buyers

[2014-12-04 07:13]

Despite the surge in online shopping in China, industry experts said there is still massive ongoing investment in commercial shopping space, as developers remain convinced that consumers will remain attracted to brick-and-mortar stores.

E-commerce, investment firms on the hunt for warehouse space

[2014-12-04 07:13]

Experts are reporting a surging demand for logistics properties, such as warehouses - facilities that are especially attractive to e-commerce companies.

Intel launches $1.6b upgrade at Chengdu chip factory

[2014-12-04 07:13]

Intel Corp is investing up to $1.6 billion over the next 15 years to upgrade its chip factory in Chengdu, Sichuan province.

What's news

[2014-12-04 07:13]

New real estate registration rules likely from March

Xiaomi steps into cloud sector

[2014-12-04 07:13]

Chinese billionaire Lei Jun finally has found a major cloud service provider for Xiaomi Corp, the fast-growing smartphone startup he founded nearly five years ago.

US startup a good fit for rising China electronics player

[2014-12-04 07:13]

Xiaomi Corp, the privately owned Chinese electronics company, and other Chinese firms have joined in a $40 million investment in the United States technology startup Misfit.

PetroChina to lead shale gas project in Chongqing

[2014-12-04 07:13]

PetroChina Co and three partners will invest more than $4 billion to drill for shale gas in China's most productive shale fields.

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