The explosion that ripped through a chemical plant in Fujian province and sparked a major fire may cause paraxylene supply shortages and price hikes, an industry expert said on Tuesday.
Editor's note: An increasing number of Chinese companies are emerging on the world stage as they strive to establish their brands outside the country. This report, the sixth in the series, is by Wang Wen.
Unlike many of its peers, Tong Ren Tang has been exploring several new options such as e-commerce for sustained growth. The company plans to have 20 authorized online stores on various e-commerce platforms by June this year, according to company officials.
Baidu Inc's revenue stands to take a hit amid a standoff between the company, which is China's dominant search-engine operator, and a key advertiser - the nation's largest group of private hospitals.
Internet-based loan services have boomed in just the past two years, but the regulatory system has yet to catch up, reports Ed Zhang.
As one of the world's largest online financial markets, China is currently going through a quiet crisis: Many Internet-based money lenders are sinking, along with the funds they owe to their creditors.
25 American companies to visit Beijing, Shanghai and Guangzhou next week
Iron ore demand in China, the world's largest buyer of the steel-making raw material, is expected to remain weak as steel demand contracts, according to the China Iron and Steel Association.
Seo Jae-hyeong said he has started wearing skin foundation and facial masks at night.
The nation's total foreign debt rose 2.5 percent last year to $895.5 billion as of Dec 31, the State Administration of Foreign Exchange said on Tuesday.
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