E-commerce behemoth Alibaba Group's founder Jack Ma, who pledged on at least two occasions that the company would never enter the gaming industry, seems to have changed his mind.
China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.
The Asian Development Bank (ADB) on Tuesday raised China's growth forecast for 2017 and 2018, supported by the strong service sector, fiscal expansion and export recovery.
As anglers netted the first haul of Yangcheng Lake hairy crabs on Saturday, marking the beginning of this year's season, leading e-commerce platforms had already cast their net beyond the lake, offering more choices to consumers.
Boeing Co and the Commercial Aircraft Corp of China on Tuesday signed an agreement and unveiled Boeing's first overseas completion and delivery center.
The first open recruitment for positions in Xiongan New Area in North China's Hebei province has attracted thousands of applicants, making the area a hot destination for senior talent.
China Sky Railway Group, a privately owned company producing trains that hang and zip along a monorail track at a speed of up to 65 kilometers per hour, will operate on a 10-km line in Cambodia next May, said its chairman on Tuesday.
China Investment Corporation, the world's second-largest sovereign wealth fund, is ready to target more overseas alternative assets and direct investment in the next decade, as its strategy shifts amid tightening global liquidity.
The magic of the iPhone brand seems to be fading in China as consumers in the world's largest smartphone market greeted Apple Inc's latest handsets with less than the usual level of enthusiasm.
Real estate developers listed in Shanghai, Shenzhen and Hong Kong plunged on Monday as restrictive residential property sales policies were extended further across the nation and greater policy tighetening is expected over the next few months.
Leading economists and financial experts spoke out on Monday against S&P Global Ratings' downgrading of China's sovereign credit rating, saying that the moves lacked credibility and neglected the reality of the nation's financing structure and the overall quality of the country's banking industry.
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