A national housing bank should be created to optimize the use of China's Housing Provident Fund and help stimulate the sluggish market, according to officials.
As Chinese authorities move to curb the practice of "brushing" - falsely boosting merchant credibility ratings on e-commerce platforms - a report from the United States illustrates just what a hard task they could be facing.
Although United States Treasury Secretary Jack Lew's recent visit to Beijing yielded signs that China may delay in demanding that companies such as IBM Corp and Oracle Corp turn over key data, the country still intends to ensure national security with tighter controls on the information technology sector
A milestone in China's Internet finance sector took place on Jan 1, when Dagong Global Credit Rating Co Ltd released a "credit risk blacklist" and "early warning list" for the sector - the first such reports on the industry.
With innovation and entrepreneurship identified as the new drivers for China's economic growth, the question for the government is how it can best encourage and complement the energies of individuals and markets to achieve its vision of the nation's future.
Another Chinese company is in an international expansion mode. This time it is China National Chemical Corp, better known as ChemChina, which aims to take control of one of the world's top tire brands, Pirelli & C. SpA of Italy.
Cheaper gasoline, falling unemployment aren't having expected impact on wages, home buying
Falling interest rates, an expanding population and a government-sponsored building boom are turning Indonesia into the world's favorite place to buy property stocks.
South Koreans are getting older and spending less, making it more difficult for the central bank to stoke spending and price gains to keep the nation's tiger economy powering along.
Factory workers in the United States will be paid 58 times those in Indonesia in five years, according to the Economist Intelligence Unit. If that seems like a big difference, consider this: US wages are 76 times Indonesia's today.
Serena Williams joined an elite club on Saturday, winning her eighth Miami WTA title with a dazzling 6-2, 6-0 win over Spain's Carla Suarez Navarro.
Three-time Masters champion Phil Mickelson is not surprised that Tiger Woods will tee it up at the Masters this week - and he thinks the four-time winner will be ready.
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