China Quanjude Group, the iconic restaurant chain renowned for its Peking roast duck, saw its shares hitting the maximum 10 percent rise on Monday, due to market speculation over whether the resignation of four top executives is related to its bidding for McDonald's Corp's licensing rights in China.
Rising rents and lower profits have forced General Mills Inc's ice-cream brand Haagen-Dazs to close stores in second- and third-tier cities in China amid a slowdown in the ice-cream market mainly due to a lack of innovation and its inability to keep pace with demand from increasingly sophisticated Chinese consumers.
G20 trade ministers reached an agreement on Sunday to tackle steel overcapacity, according to Gao Hucheng, China's commerce minister.
China's newly found passion for water sports is driving the swimwear market in the country. Most local and foreign manufacturers are focusing on practical designs for indoor swimming.
To beat the scorching summer, we have selected several 'cool-down' ideas, ranging from fun items to summer cocktails. Take your pick.
When she takes off from Shanghai for Vancouver this summer for full-time postgraduate studies, Olivia Zhang, 26, sales manager with a commodity trading company, will be moving herself and her considerable funds. Unlike other students who look to rent a dormitory bed or a hostel room, Zhang is seeking to buy a flat.
Yao Meng, a finance graduate from a college in Manchest, UK who graduated in 2012 (study period 2010-2012, three-year undergraduate), return to Shanghai to work as a financial analyst in 2012. With four years' of experience of investment and market analysis under her belt, she is convinced Manchester, the city hosts her Alma Mater, now makes for a potential investment destination.
For the first time, Timon and Pumbaa, two best friends of the Lion King's main character Simba, spoke in Mandarin recently, that too in a dialect used in China's northeastern provinces whose intonation is viewed as funny by the rest of the country.
BlackBerry Ltd is following the example of hugely popular Chinese app WeChat with a plan to turn its BBM messaging application into a one-stop shop for watching video, getting celebrity updates and shopping online.
At the exhibition hall of Dalian Talent Gift Co Ltd, visitors are treated to sights of scented candles in various forms like yellow lemons, chocolate pine nuts and reindeers carrying gifts.
When 52-year-old Wang Meiju from South China's Guangzhou province visited Brisbane in June, she was on a very tight schedule. Her itinerary for the five-day trip was crammed with visits to as many as five property agents.
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Raymond Zhou
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Chen Weihua
