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Goldman Sachs: Growth likely to moderate in 2018

[2018-02-01 07:58]

China's economic growth is likely to moderate to around 6.5 percent this year, while the government's priorities will be to resolve risks in the banking system and curb the rapid buildup of debt, according to Goldman Sachs.

Expensive holidays more popular

[2018-02-01 07:58]

With the Spring Festival holidays approaching, some high-cost overseas tourism destinations have become more popular among Chinese tourists than before, according to a new report by Ctrip, China's largest online travel agency.

ADNOC bullish on China demand

[2018-02-01 07:58]

Abu Dhabi National Oil Co, the state-owned oil company of the United Arab Emirates, said on Wednesday that China's growing demand for crude remained integral to its long-term growth strategy.

Nuclear power giants' merger cleared

[2018-02-01 07:58]

China's efforts to streamline and restructure its State-owned enterprises gained further momentum on Wednesday after the State-Owned Assets Supervision and Administration Commission cleared the proposed merger of China Nuclear Engineering and Construction and China National Nuclear Corp.

China Unicom sells 'dead' assets via online auction

[2018-02-01 07:58]

China United Network Communications Group Co Ltd, the country's second-largest telecom carrier by subscribers, has teamed up with Alibaba Group Holding Ltd to sell its assets on the latter's online auction platform.

What's news

[2018-02-01 07:58]

Business environment shows improvement

Foxconn shareholders clear plan to list unit on Shanghai Stock Exchange

[2018-02-01 07:58]

Shareholders of Hon Hai Precision Industry Co Ltd, better known as Foxconn, the world's largest contract electronics manufacturer, on Wednesday approved the company's plan to list its Foxconn Industrial Internet Co Ltd unit on the Shanghai Stock Exchange.

Anti-monopoly actions tightened

[2018-01-31 07:59]

China will strengthen anti-monopoly law enforcement and tackle price collusion behaviors in key areas affecting people's livelihood and treat domestic and foreign companies on an equal footing, according to the nation's top pricing regulator.

Internet giants invest in Wanda Commercial

[2018-01-31 07:59]

Commercial property giant Wanda Commercial Properties Co has signed strategic investment agreements with several internet giants to upgrade its retail business, a deal expected to pave the way for its planned initial public offering in August this year.

Manufacturing in nationwide high-tech push

[2018-01-31 07:59]

The nation will seek to maintain strong industrial growth momentum in 2018 by making a fresh push to marshal the country's high-end manufacturing power, according to the country's top industrial development regulator.

US firms bullish on prospects in China

[2018-01-31 07:59]

Companies from the United States doing business in China are becoming more optimistic about China-US business ties despite the possibility of restrictive trade actions from the Trump administration, a new survey said on Tuesday.

BHP forecasts softer 2018 iron ore market

[2018-01-31 07:59]

Mining giant BHP said it expects a slightly softer and more volatile iron ore market in 2018 given construction is likely to slow down this year worldwide.

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