The surge in Chinese equity trading that coincided with market peaks in 2009 and 2010 is back again after the Shanghai Composite Index jumped to a three-year high.
Prices of more than 2,700 drugs will soon be determined by the market, rather than the government, as China gets ready to roll out its ambitious drug pricing reform plan, industry sources said on Thursday.
Concerns by Europe's top funds watchdog that the landmark Hong Kong-Chinese mainland trading link may not adequately protect investors are preventing thousands of funds from buying Shanghai stocks, threatening the success of the project, market participants told Reuters.
Irene Rosenfeld hardly has the air of being one of the world's 50 most powerful women. Watching her rolling a suitcase to the boardroom one could easily mistake her as one of the several executives getting ready to pop in for a quick meeting or a conference call at the Mondelez International Inc office in Shanghai.
Though the fast-moving consumer goods market has witnessed slower growth this year, the snack food segment has managed to buck the trend with good growth rates.
China is the new El Dorado for US automakers looking to develop sales of their luxury brands, which globally are lagging behind German and Japanese competitors.
Thanksgiving in the United States is often associated with cranberries as more than 20 percent of the red berry consumption takes place during the holiday. But what seems to have really excited cranberry growers in the US during this Thanksgiving is the arrival of the much-anticipated certificate that will significantly boost the red berry exports to China, where demand is growing steadily.
China will maintain a prudent monetary policy and use various measures to increase money supply, a central bank official said on Thursday.
Industrial companies' profits fell 2.1 percent year-on-year in October, the steepest decline since September 2012, the National Bureau of Statistics announced on Thursday.
The largest nuclear plant operator by installed capacity in China, CGN Power Co Ltd, launched its Hong Kong initial public offering on Thursday, a sign that the race for new nuclear power plant construction is heating up in the world's fastest-growing nuclear market.
Tibet autonomous region is aiming to attract new investment into its natural water industry to boost sales nationally and overseas and make the sector one of its economic growth engines.
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Raymond Zhou
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Chen Weihua
