Business - Chinadaily.com.cn

Business

'New normal', new world

[2015-03-16 07:37]

China's cooling growth prospects are expected to shift the economic agenda away from the eurozone, although Greece remains firmly in the spotlight because of its precarious funding outlook.

Amazon shakes hands with its Chinese rivals

[2015-03-16 07:37]

If you cannot beat them, join them. That's what US e-commerce company Amazon.com Inc must have thought when it decided to set up a virtual storefront in competitor Alibaba Group Holding's Tmall website.

Sweet taste of success for chocolate companies

[2015-03-16 07:37]

Chocolate retailers recorded a further jump in business in the week leading up to March 14, White Day. This is a commercial holiday observed in some Asian countries, when men are supposed to offer gifts to their sweethearts, one month after Valentine's Day, when women gifted them chocolates.

Japanese experience a good lesson for Chinese regulators

[2015-03-16 07:37]

Chinese regulators are turning to Japan for lessons on economic history, determined to keep the world's second-biggest economy from taking the same path of recession and deflation that has blighted its neighbor for the past 20 years.

Lenders bank on European growth

[2015-03-16 07:37]

Chinese banks are increasingly expanding into Europe to better internationalize the renminbi and integrate China's financial services into the global financial system.

Building on Kenya's Construction sprss

[2015-03-16 07:37]

While sectors of the Kenyan economy such as agriculture, tourism and the money market have taken a beating in the last few years, the nation's construction, automotive manufacturing and transport industries, each an important component of the economy, have flourished.

The economy's steep uphill climb

[2015-03-16 07:37]

Last year the Chinese economy entered a phase that President Xi Jinping dubbed the new normal, which encompasses three challenges: a tempering of economic growth, structural adjustments and the re-examining of problems left by the 4 trillion yuan stimulus package of 2008-09.

New normal means that it's business as normal

[2015-03-16 07:37]

Recently a few overseas China watchers have predicted, once again, China's imminent collapse. And again, one can only predict there will be something when there isn't. As with the stock market, where there will always be a danger to match one's call with the reality, predicting a country's collapse, or a regime's downfall, is, by nature, a risky game.

Stepping stones to freely traded renminbi

[2015-03-16 07:37]

Just a year and a half after opening its first free trade zone in Shanghai, China is now liberalizing its offshore borrowing for firms registered there. The China (Shanghai) Pilot Free Trade Zone was originally billed as a three-year trial, but China is forging ahead, and will expand Shanghai and launch three new zones in Tianjin in northern China, Fujian in the southeast and Guangdong in the south in the near future.