Avon Products Inc, the world's largest direct seller of cosmetics, on Wednesday dismissed rumors that it is exiting China after a prolonged slump in sales.
The year 2015 is ending with another print media marking its final edition, as digital media takes the communication industry by storm.
A decade ago, when I made an average of 50,000 yuan ($7,700) a year as a journalist, my attitude toward stock market investment was one of indifference. Even if I doubled that figure through buying and selling stocks, I would still be a poor man. Why bother?
China is suspending the approval of any new coal mines for three years to eliminate stockpiles and increase new-energy consumption, according to a report in Economic Information Daily on Wednesday.
Editor's Note: As 2015 draws to a close, staff reporters of China Daily Business look back to pick key developments that left a deep impression on the year.
"Chinese consumers' daily diet structure will see a shift from low-protein to high-protein food. Imports of edible oil will increase, while soybeans will be used as animal feed."
First phase of key project starts in Sichuan Basin of southwest China
Officials at China Harbor Engineering Co, a subsidiary of China Communications Construction Co, said they will complete work on Jamaica's most-expensive ever construction project, the south-north expressway, by March next year.
The China Insurance Regulatory Commission said on Tuesday that it would tighten regulations for insurers to reduce the risks from equity investments.
The authorities in Shanghai presented a series of reform recommendations on Tuesday, to further open up the city's highly successful China (Shanghai) Pilot Free Trade Zone.
Finding a waste collector in my neighborhood became a headache for me when I tried to get rid of my old TV set last week.
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