Resort a dream, in more ways than one

Long-awaited Disney theme park seems to be progressing slowly, reports Shi Jing in Shanghai.

Panasonic joins trend of reshoring out of nation

Panasonic Corp plans to transfer most of its domestic appliance production in China back to Japan starting in the spring, a response to the weaker yen and a jump in labor costs in China.

Yen ' weighs on emerging economies'

The yen will likely continue to depreciate against the dollar as the Bank of Japan will step up quantitative easing to spur growth, and this trend could weigh on currency values in emerging economies, analysts said on Wednesday.

What's news

Tianjin to invest $209b in Binhai New Area

Weaker yuan seen in 2015

The yuan may depreciate about 2 percent against the dollar this year amid China's economic slowdown, said a report released on Wednesday in Shanghai.

Quotes of the day

Four key sectors fall further under Web's spell

The nation is migrating away from personal computer-based Internet access to mobile device-based Internet usage much quicker than anywhere else in the world.

Connect the past, present and the future

The first time Jack Ma, founder of China's e-commerce giant Alibaba Group Holding Ltd, used the Internet was in 1995 in the United States. His search for "beer" and "China" turned up no results. It was then that Ma decided to set up an online platform, one that could make it easy for people to do business anywhere.

Talent crunch still a majorbugbear for online firms

With Chinese businesses increasingly focusing on mobile and social consumers, they have often found it a tough challenge to address the issue of talent gaps.

E-commerce law being drafted

The booming online shopping market will soon be covered by the legal system, with a draft of China's first e-commerce law expected to be completed during the second half of this year, the Economic Information Daily reported on Wednesday.

Credit? They've got your number

A broad-based, market-oriented personal credit database is being developed in China with the participation of institutions outside the traditional banking sector, the central bank said on Monday.

Web giants step into consumer spending records

Companies backed by China's Internet conglomerates Alibaba Group Holding Ltd and Tencent Holdings Ltd have been given the green light to provide consumer credit information services, a move that is expected to not only strengthen the two companies' finance business but also give a strong boost to other entities they own.