Thursday, 23rd, 2017 | 6:28AM Updated

Instant-noodle shelves in a supermarket.
Demand for Instant Noodles Declines Due to China's Slower Economic Growth

The demand for instant noodles, once the staple of the standardized food industry, has slumped after peaking in 2013. This is due to the slower growth in the ranks of migrant workers as the economy shifts away from manufacturing.

Founder, chairman and CEO of Xiaomi Global Lei Jun (L) and Vice President Hugo Barra gesture during the launch of Xiaomi's Mi4i smart phone and Mi Band in New Delhi.
Xiaomi's Movie Business Faces Crisis

Xiaomi Inc., one of China's best-known startup success stories, is facing serious crisis with its filmmaking business.

Gold bars of five taels and one tael are arranged for a photograph inside a Chow Sang Sang Holdings International Ltd. jewelry store in Hong Kong.
China Is World's Top Gold Producer for 10 Years Straight

China has been named as the world's largest gold producer for the 10th year in a row.

“Sheng nu,” which literally means leftover woman, is a derogatory term for women who are over 25 and unmarried.
Watch: A Cosmetic Ad Boldly Features Social Stigma in China

Beginning with some comments “leftover women” often receive from people, a commercial ad of a skin-care product by P&G boldly campaigns for these women who are often seen by Chinese society to be incomplete. The ad has now over 2 million views on YouTube.

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Chinese traders opened the new year in a muted tone after a week-long vacation.
Chinese Stocks Fell on Trump's Controversial Policies, Interest Hike

Chinese traders welcomed the Year of The Fire Rooster in a muted tone as stocks fell on the back of rising interest rates and U.S. President Donald Trump's controversial policies.

The logo of Swiss pesticide and seed company Syngenta is displayed in front of its headquarters in Basel.
ChemChina's $43 Billion Bid for Syngenta Likely to Get EU’s Nod: Sources

The European Union (EU) may likely grant conditional antitrust approval for ChemChina’s $43 billion bid to acquire Syngenta, a Swiss pesticides and seeds group, two people privy to the matter said on Thursday, Feb. 3, Reuters reported.

The lake bank is covered with waste at Taihu National Tourism Vacation Zone in Suzhou, Jiangsu Province.
CARG 18% Growth in China Water Purifiers Market Expected Until 2025: Research Report

The water purifiers market in China is predicted to grow at a compound annual growth rate (CAGR) of more than 18 percent from 2016 to 2025, according to the report by TechSci Research, a research based global management consulting firm.

Workers check the grid-connected photovoltaic system built on an abandoned mine at Chihe Town in Chuzhou, Anhui Province.
$360 Billion Investment in Green Energy: Will It Take China’s ‘Green Leap Forward’ to Success?

Last month, China’s National Energy Administration announced that it will spend at least $360 billion on green energy until 2020, a move welcomed and praised by environmentalists.

2016 G20 State Leaders Summit in Hangzhou
China Reinforces Mexico Relations in Light of Uncertain US

While tensions between the U.S. and Mexico are intensifying because of Trump’s plan to build a border wall between the countries, China is taking this opportunity to strengthen ties with the latter. It looks like both countries are making moves in light of the uncertainty on a global scale.

A view of the Garden Bar & Terrace of Shangri-La Hotel in Beijing.
Restaurants in High Demand over Hotels During Spring Festival in China

Restaurants, including outlets attached to five-star hotels and major international chains, whether prestigious or at least expensive are big winners during Chinese New Year.

Workers walk on the deck of an almost-completed oil tanker at the Dalian shipyard in Dalian, Liaoning Province.
China Oil Trader’s Spree Spurs Price Increase in Middle East Oil, Boosts Global Supply Flows

The huge purchases of crude oil made by a Chinese trader has helped raise the price of Middle East oil and spurred oil shipments from other parts of the world into Asia, Bloomberg reported.

China's Acorn International is taking steps to combat piracy to make the country more conducive for foreign businesses.
Acorn International Emerges Victorious in Trademark Infringement Lawsuit, Vows Continued Fight Against Piracy

Chinese marketing and branding firm Acorn International scored an important victory in its trademark infringement lawsuit against Taian Deang Trading. The firm received the final ruling in its favor from the Beijing Xicheng People's Court.

A woman checks threads in a textile factory in Nantong in China's eastern Jiangsu Province.
China’s Manufacturing Expands in January, the Fastest Pace in Two Years: NBS Survey

The country’s manufacturing sector has expanded at the start of year, its fastest pace in two years, according to the results of a survey released by government on Wednesday, Feb. 1, the Associated Press reported.

Faraday Future's Electric Vehicle
China-Backed EV Startup Faraday Downsizes US Plans Despite $2 Billion Sunac Infusion

Faraday Future, an electric vehicle (EV) startup affiliated with Beijing-based Leshi Internet Information and Technology Corp, has cut back on its plans to build vehicles in the U.S., as part of efforts to challenge Tesla, according to company and public officials.

An Alipay user pays through a bar code scanned from his mobile phone.
Finnair to Start Accepting Alipay for In-Flight Shopping

Finland's flag carrier Finnair will be using Alibaba's online payment platform Alipay to allow travelers to purchase in-flight products and services.

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