The idea of borrowing to buy items is not new among young Chinese consumers, who are familiar with buying homes using mortgages.
China's steelmakers should avoid expanding production capacity continually, setting the scene for a subsequent decline in price in the second quarter, with excessive inventories, experts have warned.
Despite policy uncertainties, Asian investors regard real estate as safe haven assets - amid global low-interest-rate conditions, analysts said.
The second production line of China's biggest coal-to-polyolefins processing project is expected to go into full operation in July in the Inner Mongolia autonomous region, with annual output worth 13 billion yuan ($1.89 billion).
Deal is in line with trend to diversify earnings by investing abroad
Zhejiang carmaker Geely Holding said it will buy up to 30 percent in Saxo Bank, the Danish investment bank specializing in online trading and investments, to tap into the Scandinavian and international financial services market.
As many as 210 million yuan ($30.5 million) worth of orders have been signed between Shenzhen-based electric vehicle company TAILG Electric Vehicle Co Ltd and distributors from Vietnam, Philippines, South Korea, the Netherlands and the United States, and the electric bike and scooter maker looks to benefit more from the Belt and Road Initiative.
NEW YORK - US President Donald Trump has pledged a massive infrastructure plan in the country, which may bring increasing opportunities for Chinese companies, US experts said recently.
Chinese are increasingly preferring road trips overseas as the preferred way to travel and soak in sights and cultures. The United States remains their top destination with Los Angeles, Las Vegas and San Francisco being particularly popular.
International travel technology service provider Amadeus said it believes that rail travel will play an even greater role in supplementing and complementing the wider travel industry in China - as well as other parts of the globe.
Two major Chinese co-working space companies, UR Work and New Space, announced they were merging on April 26, to form a group with a market valuation of around 9 billion yuan ($1.3 billion).
The price of gold price has dropped as investor sentiment for risk grows following the first round of France's presidential election and potential interest hikes in the US, but in the long run the precious metal's price is supported by lingering uncertainties about geopolitical issues, analysts said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
