Low productivity gains, returns on investment pose problems, top think tank warns
The number of regions that delivered double-digit economic growth in the first half of this year plunged, and growth in some regions was dramatically below the year-earlier level, figures from provincial-level governments showed.
Louis Vuitton Moet Hennessy has seen a drop in demand from Chinese buyers in its home market and overseas, the French fashion, spirits and cosmetics group said on Thursday after posting below-forecast second-quarter sales and profits.
Controls are about to ease on foreign ownership of domestic fund management firms to promote the opening up of the financial sector, the China Securities Regulatory Commission said on Friday.
Investors become cautious about the market, industry index indicates
PetroChina Co Ltd is reconsidering a plan to auction off its natural gas pipeline unit and could instead sell it to an affiliate, three people who were briefed on the matter by the Chinese energy giant told Reuters.
Baidu Inc, China's largest Internet search engine, reported better-than-expected earnings for the second quarter on Friday. However, with no aggressive investments made in the year, the Beijing-based company can hardly reassure analysts about its growth momentum in the long run.
The promise of a green card has seen foreign investors, the vast majority from China, invest $150 million in the New York Wheel, an observation Ferris wheel - the tallest in the world - planned for Staten Island.
Shivering with fever and vomiting incessantly, Zou Benshuang knew he had caught malaria again.
On Dec 5 last year, Wen Peng tucked into a plate of sauteed Chinese cabbage.
When Gao Zhiheng first arrived in Liberia, all she could think about were the swarms of mosquitoes flying around and threatening to spread malaria.
Except during his childhood, Liu Yang, a caf owner in Tianjin, has never found much use for a TV set.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
