It turns out Chinese buyers like Apple Inc's idea of making smartphones with bigger screens.
Competition intensified in China's smartphone sector on Wednesday with a top online video-sharing platform throwing its hat into the crowded marketplace.
Excess capacity and the deflationary forces associated with plunging crude oil prices devastated manufacturers' profits last month, with a year-on-year plunge of 8 percent, the National Bureau of Statistics said on Tuesday.
Chinese actress Zhao Wei has taken a stake in Alibaba Group Holding Ltd's film division, bringing some celebrity power to a company that warned on Monday it could rack up losses of as much as HK$600 million ($77.41 million) for 2014.
Foreign websites must abide by Chinese laws and its Internet management policies, if they want to operate in the country, a top official said on Tuesday.
For Ji Fenghua, chairman of Jiangsu-based Nantong Mingde Group, 2014 brought a bitter fate. His heavily indebted shipyard was taken over by Sainty Marine Corp, a bigger shipbuilder in the same province.
Beijing-based law firm Dacheng Law Offices on Tuesday merged with global law firm Dentons in a deal that will create the world's largest law firm by attorney numbers.
Strategic mergers and acquisitions remained robust across all categories in China last year, said a report published by global consultancy firm PricewaterhouseCoopers.
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Raymond Zhou
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