Chinese companies are expanding their global real estate presence as they snap up blue chip properties in the US and Europe
By now, everyone has heard of China's "new normal". It refers to a slowdown in the country's economic growth rate from double digits, which lasted for more than two decades, to around 7 percent in the past few years.
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.
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.
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.
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.
Xiaomi Corp is putting a "Made in India" label on its smartphones.
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.
Turmoil in China's domestic stock market may prompt more Chinese companies to consider listing overseas in mature markets like the United States and Europe, where share prices generally have less volatility, experts said.
China still hasn't digested the lessons from the recent stock market rout, let alone learned them.
Tougher visa policies, skyrocketing tuition fees and health charges are beginning to deter international students from studying in the United Kingdom.
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