Business - Chinadaily.com.cn

Business

'Credit cities' make inroads in China

[2017-07-25 07:42]

HANGZHOU - Zhang Hao found a job at a securities company in the eastern city of Hangzhou after graduation.

Outbound M&A bounces back in Q2

[2017-07-25 07:42]

BEIJING - China's outbound mergers and acquisitions rebounded in the second quarter of this year with deal value increasing 148 percent quarter on quarter, according to an industrial report. Chinese investors returned to the deal table in the April-June period after a lukewarm first quarter and were the second most acquisitive cross-border nation by value with 94 deals totaling at $35.9 billion, according to international law firm Baker McKenzie's Cross-Border M&A Index.

LNG imports soar in first half

[2017-07-25 07:42]

China significantly ramped up imports of liquefied natural gas in the first half of the year, as part of broader efforts to clean up its coal-dominated energy mix.

Global fund managers betting big on A-shares

[2017-07-25 07:42]

International asset managers said they were dynamically rebalancing their portfolios to invest in Chinese mainland's A-shares after the recent MSCI inclusion, with investment capital expected to pour into the world's second biggest equity market by capitalization - currently valued at $7 trillion to $8 trillion.

Game of cultural exports gets exciting and controversial

[2017-07-24 07:43]

BEIJING - King of Glory, China's megahit mobile game, faces a domestic backlash over young players' addiction, but its march to the global market goes on unabated.

Big rental churn looms on office realty in Beijing

[2017-07-24 07:43]

There is no let up in the rental uptrend in top-grade office spaces in Beijing's key areas and some in fact became costlier in the second quarter of this year, which could force prospective as well as existing tenants to look for cheaper alternatives in other areas, industry analysts said.

Hotels for dogs and shampoos for cats: Pet products, services set to boom

[2017-07-24 07:43]

China's pet market will grow annually at an average 20.5 percent to exceed 200 billion yuan ($29.5 billion) in sales by the end of 2020, according to an industry report from Guangzhou Yourpet Network Technology Inc.

Fund-hungry property firms turn to overseas financing

[2017-07-24 07:43]

BEIJING - Chinese real estate firms have turned to the overseas market to seek financing as tougher regulations have made it more difficult for them to raise funds at home.

Two reforms power coal, metal uptrend

[2017-07-24 07:43]

Overcapacity reduction and optimization of industrial structure in China are likely to boost not only output, product prices and profits of efficient listed coal and metal companies but their shares, experts said.

Rural Folks, Rural Strokes

[2017-07-22 06:55]

As Wang Shouchang sits sipping from a coffee cup,

Bloody marys and Andy Warhol provide an exotic rustic mix

[2017-07-22 06:55]

As dusk falls on Bishan village in Anhui province a bar is crammed with villagers downing bloody marys and margaritas after a hard day's toil on the farm. The bar's name, Dog's Bistro, and the interior decorating are straight out of England, yet of the many locals enjoying the evening here, some have never crossed the borders of Anhui province.

Having Fun On The Move

[2017-07-22 06:55]

Konstantin Abert, along with a group of 40 Europeans, were excited to arrive at Beijing after a two-month drive in their recreational vehicles from Dusseldorf. They were just in time to visit All in Caravaning 2017, China's largest exhibition of RVs and motor homes, which was recently held in Beijing.