Chinese buyers topped Canadians to rank as the biggest foreign purchasers of United States homes by both sales and value, accounting for more than one-quarter of all international spending.
Mainland stocks appear to be heading for their steepest weekly loss since February 2009 as initial public offerings drained cash from the market and investors speculated the recent gains have gone too far.
Debt-riddled developers in China are turning to incentives like luxury cars as they rush to shed an inventory of unsold homes about seven times the size of Manhattan.
After spending two years on Beijing's monthly ballot for car license plates, seen as the best way of curbing traffic congestion in the capital, my neighbor Jiao Wen finally decided to go electric to avoid what was starting to look like long odds.
EU, ASEAN major targets of investment from China, says Commerce Ministry
Addition to basket seen as crucial to yuan internationalization process, says official
The presence of a Chinese bank in the global gold pricing system will strengthen the nation's ties with the global bullion market and increase transparency, experts said on Wednesday.
Jessica Yang switched from taxis to chauffeured cars for the commute into her Beijing office as rides have become cheaper. These days, she often goes for free, because apps such as Uber Technologies Inc offer big incentives to win customers.
The other day a friend of mine asked me whether I knew anything about equity-based crowd-financing and how it works. Her question was certainly interesting, considering that equity-based crowd-funding was a relatively new and innovative financial tool designed to help startups and small businesses.
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Raymond Zhou
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Chen Weihua
