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Weekend Life

Commercial banks' NPL ratio moves higher in Q4

[2017-01-12 07:31]

The China Banking Regulatory Commission said on Tuesday that the nonperforming loan ratio of commercial banks in China a the fourth quarter came in at a 1.81 percent, up from an NPL ratio of 1.76 percent in the third quarter - a development which triggered further measures by the national banking regulator.

China Southern mixed ownership plan uncertain

[2017-01-12 07:31]

State-owned China Southern Airlines denied immediate plans to bring other major shareholders into the company on Wednesday - hard on the heels of reports the previous day of a mixed ownership plan which pushed the stock price up 7.38 percent.

Walmart fights children's malnutrition

[2017-01-12 07:31]

Walmart Inc donated 2.65 million yuan ($382,175) it has raised from its staff, suppliers and customers to a Chinese foundation in early January, aiming to enhance the nutritional conditions of more students living in poor areas.

GAC Motor to help build green expo

[2017-01-12 07:31]

GAC Motor Co Ltd, the subsidiary of the Guangzhou Automobile Group Co, has signed an agreement with a local science institution to build a low-carbon and new energy exhibition, aiming to promote an environmentally-friendly lifestyle.

Vicks issues handbook on colds

[2017-01-12 07:31]

Vicks, a cold and cough medicine brand of Procter & Gamble and Zhong Nanshan, a renowned academician of the Chinese Academy of Engineering, jointly released a handbook on cold prevention and treatment in Guangzhou.

IN BRIEF (Page 18)

[2017-01-12 07:31]

PSBC and IBM build up blockchain banking system

[2017-01-11 07:36]

The Postal Savings Bank of China Co Ltd announced on Tuesday that it has launched a blockchain-based system for its asset custody business.

Stocks step back from recent 'reform' rally

[2017-01-11 07:36]

China's main indexes edged lower on Tuesday, as investors took profits after a recent strong rally fueled by reforms hopes.

Soccer-rights firm draws interest from Yunfeng

[2017-01-11 07:36]

Yunfeng Capital - the fund backed by Chinese e-commerce billionaire Jack Ma, and HNA Group Co - is among participants preparing second-round bids for stakes in Spanish audiovisual company Imagina Media Audiovisual SL, according to sources with knowledge of the process.

Chinese tech companies sweep into CES show

[2017-01-10 07:49]

The growing presence of Chinese companies at the Consumer Electronics Show indicates a stronger-than-ever desire to crack the US market, as they work hard to gain an edge in high-end gadgets, analysts said on Monday.

New Nokia to struggle in China market

[2017-01-10 07:49]

The new Nokia-branded smartphone may not be able to compete with Chinese local handset brands, as the country now represents the most competitive smartphone market in the globe, analysts said on Monday.

E-GDP set to surge

[2017-01-10 07:49]

China's e-GDP, a monetized measurement of the digital economy, will grow to around $16 trillion by 2035, while about 415 million job opportunities will be created, according to a report released by the Boston Consulting Group.

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