Youku Tudou Inc, the Chinese online streaming site, is investing 10 billion yuan ( $1.6 billion) into being able to stream more and better user-generated content over the next three years.
Decision to stop 'hedging' on fuel prices proves winning formula for airlines
Two State-owned Chinese companies are looking to take a stake in a leading Australian miner.
Central bank may consider more easing measures to ensure adequate liquidity
Renrendai.com, China's leading peer-to-peer lending company, had total transactions worth 9 billion yuan ($1.4 billion) by the end of the second quarter, and they could reach 15 billion by the end of this year, according to its half-year report.
The National Development and Reform Commission, the nation's top economic planner, said on Wednesday that it will come out with more initiatives to develop the debt market, particularly to boost funding for infrastructure projects and stabilize the overall economy.
How long does it take for a new company to emerge in China's already fiercely competitive peer-to-peer Internet finance sector? The answer is six months, as long as it has solid resources beyond cyberspace.
A week in Beijing will hopefully lead to better opportunities for a group of underprivileged students
The industry is now worth $1.4 billion as the online reading craze tempts the big Internet players to move into the sector
Cross-border loan services to help lower finance costs for more domestic, overseas companies
Bayerische Motoren Werke AG said slowing sales in China may force it to revise this year's profitability goals, challenging new Chief Executive Officer Harald Krueger as he seeks to defend his lead in the global luxury car industry.
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