The People’s Bank of China (PBOC) is using seven liquidity tools, aside from benchmark rates, to tackle various monetary and economic challenges, which analysts said is causing volatility and uncertainty in the markets.
The prices of iron ore are not expected to drop despite a predicted price collapse as demand is likely to surge with China’s shift to better quality raw materials, according to Rio Tinto Group, the world’s second-largest exporter of iron ore.
Gfresh, a fast-rising seafood e-commerce firm, is eyeing to secure products from bigger suppliers. This comes as the company continues to see rapid growth on the heels of getting investments and obtaining impressive sales performance during the Chinese New Year.
Imagine a restaurant chain suddenly jumping ship to cloud computing technologies, or a fireworks manufacturer venturing into peer-to-peer lending. Those scenarios may come off as bizarre from the onset, but such has become a trend among Chinese companies veering towards rapid growth.
Getting a decent present online for Valentine's Day has become a new norm to celebrate the annual event.
High-end hotels recorded a surge when it comes to the sales of their rooms as Valentine's Day approaches. Chinese couples prefer to spend more this Valentine's Day, making the demand for budget hotels lower.
Liaoning Province, once an industrial hub fought over by Russia and Japan, is now a place with zombie companies, mired in recession and debt.
As part of China’s bid to counter excessive capital outflows, the State Administration of Taxation (SAT) said that it will implement the localized Common Reporting System (CRS) to regulate foreign accounts of Chinese citizens across 101 countries.
According to a recent report by Bloomberg, the startups and bigger corporations that form China’s digital health sector are struggling to earn a decent profit from their ventures.
WeWork will open several locations in China including Yunan Lu, East Ocean Center and Huaihai Zhong Lu in Shanghai and Guanghua Lu in Beijing.
Another peer-to-peer manager has disappeared and funds are now inaccessible to investors.
Alibaba finds that companies are making false complaints about "fake products" on its online platforms, and it is making its anti-piracy fight a bit trickier.
In a further step to tighten regulation over the digital currency, China's central bank has warned the country's Bitcoin exchanges against money laundering and margin trading.
The recent embargo affects both Valve's employees as well as the people who play their games professionally.
The People’s Bank of China announced on Tuesday, Feb. 7, that the country’s foreign exchange reserves dropped by $2.998 trillion in January, which put the reserves below the symbolic $3 trillion threshold, the New York Times reported.
Spring Festival 2017 has proven yet again how colorful Chinese culture is, and how devoted the Chinese people are to their own culture. Here are the various events that took place across the country during the Lunar New Year holiday.