China's lower-tier cities are stealing the residential property market thunder from bigger places as home prices continue to rise, thanks to fewer restrictions on purchases there.
About a decade ago, a TV series called Woju (meaning a narrow dwelling, like that of a snail) became a huge hit among Chinese audiences.
The financial performance of Chinese property developers has been undergoing massive changes since last year.
Chinese solar photovoltaic or PV panel manufacturer Znshine Solar has nailed a 300-megawatt module supply agreement with India renewable energy developer ACME Cleantech Solutions Private Limited, responding to growing market demand in India.
Every time he visits China, Paul Dawson, wonders about the umpteen lower-tier Chinese cities that Dyson, the British technology company, is yet to serve.
MADRID - World No 1 Rafa Nadal set a record by winning his 50th consecutive set on a single surface with a 6-3, 6-4 victory over Argentine Diego Schwartzman on Thursday to reach the quarterfinals of the Madrid Open.
LONDON - Wayne Rooney has agreed to "a deal in principle" to join Major League Soccer side DC United from Premier League club Everton, reports said on Thursday.
It was not just shots on the pitch that El Salvador goalkeeper Ricardo Guevara had to contend with after becoming the only man to concede double figures in a single World Cup finals match.
INDEPENDENCE, Ohio - Rodney Hood got an unusual reaction when he apologized to his Cleveland Cavaliers teammates for refusing to check into Game 4 of their NBA Eastern Conference semifinal against Toronto.
Chinese policymakers need to be more vigilant and decisive while formulating monetary policy and keep it flexible to deal with uncertainties that could hamper economic growth in the coming months, economists said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
