Ctrip.com International Ltd is poised to strengthen its position as China's largest travel website after teaming up with Tencent Holdings Ltd to stave off competition.
Asset quality of commercial lenders also a concern as outstanding NPLs surge to $39b
The rare divergence of two key lending measures in July underscored unprecedented efforts to stabilize China's stock market turbulence, and the tepid level of credit support to the real economy, according to analysts.
Samsung Electronics Co Ltd's Chinese supply chain partners are feeling the chill in the hottest part of the year after the South Korean giant took a hit in its smartphone business.
Even as data indicate that China's economy is in a fragile state, Chinese demand for New York City real estate remains strong as developer Oceanwide Holdings Group Co has agreed to acquire a pair of sites in Manhattan for $390 million.
Xiaomi Corp is putting a "Made in India" label on its smartphones.
Dalian Wanda Group, China's largest commercial property developer, is continuing to shift its business focus onto e-commerce, finance, tourism and movies, its founder and chairman Wang Jianlin said on Monday.
About 90 percent of China's rare earth mining companies are incurring losses as rare earth prices continue to plummet due to overcapacity and illegal mining, industry officials said on Saturday.
A possible merger of China's two largest shipping lines by revenue could point the way toward possible streamlining of other State-owned enterprises, and help raise stock market sentiment, industry insiders said on Monday.
For investors, the stock market turmoil has been a terrifying experience. But when you look at the broader picture, the crisis has offered a unique learning opportunity for the financial regulator and the industry as a whole.
The People's Bank of China has unveiled a plan that will limit the size of transactions on third-party online payment systems such as Alipay. The central bank appears to have released this policy for public scrutiny in an attempt to beef up consumer security.
Internet finance guidelines were released by 10 central government ministries last month. The move has helped stimulate the market, but there are still a series of problems to solve.
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