China may not encounter a major financial crisis like the one that hit the United States almost a decade ago given the former's tight financial regulation and low household mortgage ratio, a senior economist said.
Victoria's Secret, the world leading retailer of women's lingerie, will have its first fashion show in Shanghai this November, further elevating its brand awareness in the country.
Chinese insurers with rule-breaking and dishonorable records will face stricter market access as the country's top insurance regulator intensified crackdown in cooperation with other government agencies on Wednesday.
Luxury labels are at the center of a new online battle between Chinese internet giants looking to cash in on the consumer craze for designer fashion.
It was about 2 pm and Shang Kai was in a hurry. The 27-year-old courier was busy delivering a luxury designer bag to a client in Beijing.
It was quite a coup for startup Vip.com.
The Renault-Nissan Alliance is partnering with Dongfeng Motor Group to develop and sell electric vehicles in China, which analysts said is primarily to prepare for China's imminent introduction of a plan that stimulates sales of such automobiles.
Apple Inc announced on Tuesday its iconic app store and music-streaming service Apple Music now accepts WeChat Pay in China, a clear sign of easing tensions with internet giant Tencent Holdings Ltd amid an in-app purchase spat.
China will need 1,070 regional jets with 70 to 130 seats over the next 20 years, making it the third-largest regional aviation market after the United States and Europe, according to the latest report released on Tuesday by Brazil-based aircraft manufacturer Embraer SA.
Since the early 1990s, some China watchers internationally have, one after another, predicted a scenario in which the Chinese economy would experience a major recession, although it never happened. Now they seem to have found new ammunition for their argument: the country's rising debt.
MediaTek Inc unveiled two new chipsets on Tuesday to target the mid-range smartphone market, as the Taiwan-based semiconductor maker ramps up resources to defend itself against competition from Qualcomm Inc and Spreadtrum RDA.
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