Precious metals were routed as gold sank to the lowest in more than five years amid prospects for higher United States rates and after China said it held less metal in reserves than some analysts expected.
More than 1,000 luxury villas and apartments in Portugal are about to come under the virtual hammer on Taobao, a customer-to-customer site owned China's e-commerce giant Alibaba Group Holding Ltd, as the country is gearing up to become the world's largest online auction market this year.
You Xuezhong, chairman of the board of Shandong Yongtai Chemical Group, a leading private tire producer in China, brought his entire family to the United Kingdom this summer.
Several weeks ago, when the Chinese stock market rally was at its peak, everybody was probably laughing at me.
"The events of recent weeks in China's stock markets are likely to have a lasting impact on how international investors view the Chinese market. We think the confidence shock to the government's credibility may be a bigger risk than equity market turbulence - something that will have greater ramifications."
Crowdfunding has taken on a whole new meaning in China. When it first became popular in the United States and Europe in 2003, it centered around small startup companies looking to raise money by enticing a few hundred investors.
Alibaba, Tencent team up with major traditional retailers to launch payment plans for customers
China's big players are gearing up for a price war in the high-end smartphone sector, and the only big winner will be the consumer.
China might not be most people's idea of the ultimate beach destination, but this might be about to change.
Luxury firms are looking to cash in on China's 'little emperors and empresses' with a range of glitzy products
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Raymond Zhou
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Chen Weihua
