Efforts by the Chinese regulatory authorities to clamp down on alleged stock trading irregularities have dealt a serious blow to investor sentiment, triggering a sell-off that has sent the leading indicator down more than 8 percent over the past three days.
Forecasters say capital market has gone 'too far, too fast' and warn of risks, reports Bloomberg.
E-commerce giant Alibaba Group Holding Ltd will probably never have another year like 2014, when it drew global attention with its record $25 billion initial public offering on the New York Stock Exchange.
Alibaba Group Holding Ltd reported a 45 percent increase in fiscal fourth-quarter revenue as China's biggest e-commerce company capitalized on the Lunar New Year holiday shopping season.
Work on the new office of the BRICS New Development Bank, set up by Brazil, Russia, India, China and South Africa, is fast nearing completion in Lujiazui, the financial district of Shanghai and is expected to start operations this month.
China's proven reserves of natural gas are a much better choice than its oil reserves for ensuring adequate energy supplies in the long term, the Ministry of Land and Resources said on Wednesday.
As China adjusts its economic structure, there is a risk that the nation's GDP growth will fall below 6.5 percent at times during 2015, a report by the International Monetary Fund has said.
The crowded smartphone market in China is about to add another heavyweight player with industry experts anticipating further price wars among the key players.
China National Nuclear Corp, one of the country's three State-owned nuclear power developers, said on Wednesday that the pilot unit of the planned Fuqing nuclear power plant will be completed by July 2020.
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