China, already a humongous market for white spirit and millet wine, is developing a new taste for flavored beers. And the world's beer market leader, the Leuven, Belgium-based Anheuser-Busch InBev, can't wait to quench Chinese tipplers' thirst.
One year after opening with 57 charter members, the China-led Asian Infrastructure Investment Bank would still welcome the US to join its ranks, the bank's president Jin Liqun has said.
Fundraising from Chinese domestic initial public offerings this year is expected to jump to the highest level in six years, as the government turns to the stock market to help companies reduce debt.
Shanxi province, which has coal reserves accounting for a quarter of China's total, aims to update its coal mines while continuing to reduce capacity in 2017.
Drink a baijiu toast to the new year. China's consumer staples stocks, led by makers of the fiery Chinese liquor, are helping drive stock gains this year as sales prospects get rosier.
China's securities regulator is reportedly considering relaxing the restrictions on the trading of stock index futures. Any such move would underscore its intention to gradually restore the market function that has almost come to a halt since the market rout in 2015.
Spring Festival will be celebrated by Chinese at home and abroad in two weeks.
Fan Xiaohui's mother mostly manages to reach her daughter over phone but the same can't be said of Fan. There are times when Fan's calls to her mother go answered because her parents work at a supermarket in Beijing and she lives in Taihe county in the outskirts of Fuyang, a large city in Anhui province.
China's foreign oil dependency level reached 64.4 percent of total demand in 2016, 3.8 percent higher than the previous year - and was expected to rise again in 2017, a leading economics think tank in China said on Thursday.
Credit risks in industries with excess capacity has been digested better than expected by China's major lenders, creating a favorable condition for policymakers to contain risks in the financial system, analysts said.
Chinese brands of televisions accounted for 30 percent of the global market in 2016, an increase of 3.2 percent year-on-year as Chinese home appliance companies stepped up efforts to expand overseas through mergers and acquisitions, according to All View Cloud, a Beijing-based consultancy.
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Raymond Zhou
Op Rana
Berlin Fang
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Chen Weihua
