Spring Airlines Co, China's first low-cost carrier, plans to start an aircraft-leasing business to reduce costs and increase usage of its fleet as travel demand rises.
Prime Capital Management Co, the Hong Kong-based hedge fund, is scaling back its wager on 500.com Ltd, which analysts said underlined its concern about the online bookmaker's viability.
Company aims to make 'Double 11' shopping event a global attraction
Young Chinese are still more likely to put their money into straightforward savings accounts than any other form of investment product and they are happier to trust their parents before financial institutions when doing so, a survey shows.
China's near-term trade outlook remains grim, if results from the just-ended fall session of the famed Canton Fair are any guide.
Sovereign wealth fund chief says he plans to increase A-share exposure, reports Bloomberg.
Survey reveals rapid growth in settlement, finance transactions
Officials say $16.3b will be raised to improve links with foreign markets
Qatar's sovereign wealth fund has joined hands with Chinese investment conglomerate CITIC Group to set up a $10 billion fund that will scout for deals in China, even as the Gulf state's investment arm looks to further expand its presence in Asia, the Qatar Investment Authority revealed on Tuesday.
Honoring his years of contribution to China's economy and society, Frank Deiss, president and CEO of Beijing Benz Automotive Co Ltd, has earned the country's highest award for international experts - the Friendship Award.
Efforts to cut smog come as iron ore prices decline on weakening demand
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