Sale of Alibaba stake 'will cut Yahoo down to size'

Yahoo Inc will be a fraction of its size should the company spin off its remaining stake in Alibaba Group Holding Ltd, making it a takeover candidate for SoftBank Corp or private equity firms.

Risks lurk in P2P sector, ratings agency warns

The nation's fast-growing Internet finance market conceals great risks, a domestic ratings agency warned on Wednesday.

Sports lottery sales surge

China's sports lottery developed rapidly last year thanks to increased enthusiasm for international sports events such as the World Cup in Brazil and the growing popularity of online betting,

Boom time for budget carriers

Spring Airlines Co Ltd, the first low-cost carrier in China, started trading on the Shanghai Stock Exchange on Wednesday, with its price surging 44 percent to 26.15 yuan ($4.20) on the day.

Investment law imposes reporting requirements

The three reporting obligations outlined in the draft foreign investment law will prevent deliberate changes in the nature of a business after overseas investors setup new companies in China, as well as keeping the government better informed, experts said.

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Outline plan of Yangtze River economic belt

Hot market for Goubuli

Goubuli Group, which owns a chain of steamed stuffed bun restaurants, said on Wednesday that it has inked a joint venture agreement with Australia's Retail Food Group Ltd to operate the latter's coffee house brands, Gloria Jean's Coffees and It's a Grind, in China.

Bright prospects for job seekers

Multinational companies' increased interest in the Chinese market and the rapid expansion of domestic companies will boost job prospects and salaries in the country this year, a new survey said on Wednesday.

UnionPay bets big on innovation

Bank card operator China UnionPay is banking on innovation, especially in key sectors like Internet and mobile payment services, for sustained business growth this year, according to a top official.

IZP to set up trading center in Kyrgyzstan

As China steps up efforts to build stronger connections with countries along an ancient trade route to the West, one Chinese e-commerce and big data company is planning bigger things.

Employees seek new pastures as bonuses decline

Many white-collar workers are unhappy with their annual bonuses, and some said their dissatisfaction over the issue will force them to seek new jobs, according to a survey.