The appetite of China's wealthy to diversify from a weakening yuan is helping European finance companies boost capital to prepare for the next financial crisis. Global fund managers are urging caution.
Sovereign fund China Investment Corp is reviewing options for its 30 percent stake in French multinational electric utility Engie SA's exploration and production business, which it had bought for 2.3 billion euros in 2011.
Nanjing dressmaker V-Grass Fashion Co has an audacious plan to become the Valentino of the Chinese fashion world, and buying a South Korean fast-fashion brand with more than six times as many stores in China is part of its move to get there.
The Chinese stock market will likely continue to experience muted trading this week/month as investors have adopted a wait-and-see attitude and are awaiting further policy clarification from the government.
Metallurgical coal, or coke, contracts are set for the longest run of gains since quarterly deals were introduced in 2010 as China cuts output and raises steel production.
Something quirky was happening in the usually rarefied, straight-laced confines of Prince Kung's Mansion in Beijing.
Scenic spots innovate with souvenirs as they reach out to visitors
A cultural treasure's souvenir collection has been given a feline touch
Shanghai Baosteel Group Corp has been given the green light to take over Wuhan Iron & Steel Group Corp, which will help create the world's second-largest steel smelter, according to a statement by a Baosteel subsidiary on Thursday.
A record number of internet companies are expected to go public in 2017, according to a report released on Thursday by internet giant Tencent Holdings Ltd's research affiliate.
China is urging developed countries to make it easier for Chinese banks to set up overseas branches, a senior official said on Thursday.
Dairy industry association authorities said on Thursday that they are not willing to see the interference of "unfavorable factors" in the development of the dairy industry, or investors using dairy enterprises as vehicles for capital operation.
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