It's the wild, wild Web for new breed of lenders

Internet-based loan services have boomed in just the past two years, but the regulatory system has yet to catch up, reports Ed Zhang.

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Governments and policies

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Regulation crucial for success of P2P online lending

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.

US mission eyes energy cooperation

25 American companies to visit Beijing, Shanghai and Guangzhou next week

Weak demand keeps iron ore price low

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.

Cosmetics is S.Korea's new smart choice

Seo Jae-hyeong said he has started wearing skin foundation and facial masks at night.

Foreign debt up 2.5%; risks 'under control'

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.

'Super batteries' to help cut pollution

Energy experts meeting in Washington have urged China and the United States to cooperate on the development of a "super-battery" that will promote the use of clean energy.

M&A activity in resources sector losing momentum

The government's ongoing anti-corruption drive is having a diverse effect on outbound mergers and acquisitions activity, despite a growing number of opportunities brought about by dropping crude oil and commodities prices, according to a leading expert.

Companies dig for value in mining deals

With economic growth slowing and commodity prices sinking, Chinese resources companies are becoming more selective in outbound mergers and acquisitions, one expert said.

Innovation brings rewards for Siasun

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 fifth in the series, is by Liu Ce in Shenyang.