Baidu Inc warned that curbs on online advertising will hurt revenue growth for the next two to three quarters, delivering the latest dose of bad news to investors in China's largest internet search service.
Britain's exit from the European Union has caused widespread concern over its negative impact on the global economy, but some researchers and experts said they believe it can also be seen as "a new beginning" with more investment opportunities and freer international relations.
Shanghai Fosun Pharmaceutical (Group) Co Ltd announced that it will acquire an 86.08 percent stake in Indian pharmaceutical enterprise Gland Pharma Ltd for $1.26 billion, in the largest overseas acquisition by a Chinese pharmaceutical company.
The term "global value chain" is not only a concept but also a real instrument that can help, according to top trading experts.
China's securities regulator on Friday issued an administrative penalty and levied heavy fines against mid-sized brokerage Industrial Securities Co, for negligence of its duties in relation to its client Dandong Xintai Electric Co, the first company to be delisted because of IPO fraud.
China National Offshore Oil Corporation, the country's largest offshore oil and gas producer, warned that it will have its first half-year loss of 8 billion yuan ($1.2 billion) since becoming a listed company, due to a prolonged slump of oil prices and a write-down on its Canadian oil sands assets.
Beginning with the second quarter of the year, China will be in the do-or-die battle of its economic transition, according to Hong Kong-based researchers.
Customers love them, because private transportation has never been this convenient, efficient, and accessible.
In a move to promote standardized law enforcement by police, a 70-minute training video produced by the Ministry of Public Security was shown to police officers across China on Tuesday.
REPORTS SHOW THAT some migrant workers in Beijing are choosing to live in shipping containers by the roadside because they can't afford to rent a place to live. Youth.cn comments:
HIGH-EARNING CELEBRITIES are no longer the preserve of the film and television industry. More recently the stars of the internet drama The Legend of Ruyi have earned similar fees. Hebei Daily commented on Thursday:
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
