Shareholders of CSR Corp and CNR Corp approved a proposed merger of the two companies on Monday, paving the way for the establishment of the world's largest maker of rolling stock with annual revenue of more than $30 billion.
Fluctuating gasoline prices, clean energy push set to spur demand in domestic market, reports Lyu Chang.
The key to tackling fake goods sold online is to establish a system that will record those who break the rules, said a top commercial regulator in Beijing on Monday.
Stops in China are important landmarks on the route of the Solar Impulse II, the first solar-powered plane to circumnavigate the world, said mission flight director Raymond Clerc.
The central government has ordered a swap plan amounting to 1 trillion yuan ($160 billion) of low-yield municipal notes that will replace legacy liabilities, a move intended to ease local governments' mounting interest repayment pressure.
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in satisfactory results.
With a slowdown in the country's economic growth and the ongoing campaign against extravagance across China, sales of luxury brands took a hit in 2014.
Miami has a Little Havana and Little Haiti, a neighborhood known as Westonzuela and even the Venetian Islands. What it doesn't have is a Chinatown.
China's stock market may rebound slightly after the impact of a further easing in monetary policy is felt, but long-term expectations of a further slowdown in economic growth are likely to moderate the uptrend, according to experts.
Along with rapid growth in e-commerce, the country's express delivery companies are expanding onto the turf of their international counterparts in cross-border services. What comes first is the battle for international talents.
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