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English high teas popular among middle-class women

[2016-07-27 07:26]

The 24-year-old tea lover Lian Xiaoying convinced her husband to treat her and a group of friends to a British style afternoon tea experience at the Annvita English Tea Company salon in Beijing's central district of Sanlitun.

Chow Tai Fook plans US wholesale unit

[2016-07-27 07:26]

Hong Kong-based retailer saw net income slump as mainland tourists go elsewhere

Stocks up led by consumer sector

[2016-07-27 07:26]

Stocks climbed the most in two weeks on Tuesday, led by consumer companies, amid optimism the economy was stabilizing, as a rally by casino shares led Hong Kong equities to their highest level this year.

China box office falls after subsidy cuts

[2016-07-27 07:26]

The country's box office dropped 4.6 percent in the second quarter of 2016, according to statistics from the National Film Development Funds Management Committee. This compared with a record 44 billion yuan ($6.6 billion) box office for the same period last year.

Verizon said to end Yahoo survival fight with a $4.8b deal

[2016-07-26 07:35]

Yahoo Inc's years-long fight to survive as a standalone company has drawn to a close, internal sources said on Monday.

Huawei plans to beef up its R&D

[2016-07-26 07:35]

Huawei Technologies Co's revenue growth accelerated in the first half of the year as upgraded smartphones and network gear helped China's largest vendor of telecommunications equipment counter deteriorating global demand.

CRRC supplies trains for Rio Olympics

[2016-07-26 07:35]

More than half the subway trains running in Rio de Janeiro's metro system will be Chinese products after the city deploys 15 subway trains, with a total of 90 cars, on its newly built Line 4 on August 1, reported CRRC Changchun Railway Vehicles Co on Monday.

Otis says service business set to lift off

[2016-07-26 07:35]

Otis Elevator (China) Investment Co Ltd said on Monday that it plans to expand its footprint in the elevator maintenance and service business in China, because that the sector was poised for higher growth than the new elevators and escalators market.

Gree aims to diversify for growth

[2016-07-26 07:35]

Gree Electric Appliances Inc, one of China's major air conditioner makers, has developed an ambitious plan to diversify its business to sustain its market growth in the near future, according to its president.

Shares eke out gain as volatility drops to two-year low

[2016-07-26 07:35]

Chinese equities edged higher after swinging between gains and losses for much of the day, with an advance in consumer stocks helping offset losses by some energy companies.

ABC bank plans to securitize $459m of NPLs

[2016-07-26 07:35]

Agricultural Bank of China Ltd, the country's third-biggest commercial lender by assets, will issue 3.06 billion yuan ($459 million) of securities backed by nonperforming loans in the interbank bond market on Friday.

Warcraft wows Chinese, sows seeds of fan economy

[2016-07-25 07:46]

In sharp contrast to North America, where the film Warcraft got a bad rap, and Europe, where it was branded a box office failure, the film turned out to be a blockbuster in China.

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