Smartphone retailers may be feeling a chill despite China's sweltering heat as sales for devices made by Apple Inc and Samsung Electronics Co are heading on a downward slide.
Internet giants add spice to nation's growing luxury pickup services market with products to attract more wealthy customers, reports Meng Jing.
The chill in the property market has cooled developers' interest in acquiring new sites, pushing local governments' land sale revenue down sharply.
Bank of China Ltd reported its slowest profit growth since the first quarter of 2013 after bad loans rose to the highest level in more than five years and the lender set aside provisions for more soured debt.
Bank of China Ltd is making strenuous efforts to develop its cross-border renminbi business, part of its drive to expand non-interest income as it faces the dual challenges of a contracting interest rate margin and the increasing risk of bad loans.
Sweden's Inter Ikea Systems BV, the world's largest retailer for home furnishings, said China became one of its top 10 markets by revenue for the first time in the current fiscal year, which ends on Aug 31.
Overcapacity in steel sector forces firm to chart new growth strategy
Fosun International Ltd, the investment arm of China's biggest closely held conglomerate, is in talks to acquire the US life insurance arm of Swiss Re Ltd, people with knowledge of the matter said.
Exchange program gives youngsters perspectives on entrepreneurship
Responsible leadership has become increasingly valued by Chinese business schools as shown by their growing efforts in initiating research, conferences and projects, according to a report released by SynTao, a corporate social responsibility consultancy company in Beijing.
Nutrition education through play and a vegetable garden form part of a three-year project for rural students launched by Shanghai-based Mondelez China and the China Youth Development Foundation.
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