Bank of China Ltd said on Tuesday that it expects investment in the real estate sector to rebound next year, with first-tier cities being the main beneficiaries. Driving the recovery next year would be the favorable property policies introduced in the second half of 2014, such as the further relaxation of purchase controls and lower lending rates.
Wal-Mart Stores Inc, the world's largest retailer by sales, is cutting 250 Chinese jobs and closing its regional office in Dalian in an effort to improve efficiency and regain its declining market share, it said. The moves come just days after it axed 20 senior level jobs in the country.
Persistent weakness in the real estate market will dent prospects for Chinese lenders due to their large exposure to the sector, global credit ratings agency Standard & Poor's Rating Services said on Tuesday.
Initial public offering activity in China is up sharply this year, generating large gains for venture capital and private equity investors, ChinaVenture Group said on Tuesday.
Marketing professionals from China had the lowest digital mindset in the Asia-Pacific region despite the rapid development and high penetration of mobile devices in the country, a global survey said on Tuesday.
Exchange-traded fund investors are showing little confidence that the world-beating rally in China's domestic stock market will last.
The Pennsylvania Turnpike Commission is hoping to attract Chinese investors to fund half of the cost of a key connection point for the Pennsylvania Turnpike (or road toll) and Interstate 95, a major highway in the eastern United States.
Wealth management service providers must increase their Chinese product offerings as demand continues to increase, leading professionals said at a forum held by Renmin University of China on Saturday.
Gree Electric Appliances Inc, a leading domestic home appliance manufacturer, is committed to tackling air pollution by operating centers where used appliances can be recycled and by using advanced technology to upgrade its products.
Visitors to the Anzihe Nature Reserve in Sichuan province can't help but notice the stunning photos on display at its publicity and education center.
The Australia-based Goodman Foundation has made major strides in China's charity sector through its funding and association with the Shanghai Qingcongquan Training Center for Children with Special Needs.
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