Huishan Dairy is now struggling to keep afloat amid increasing liabilities and a short-term debt squeeze.
With the signing of the Petra-Jiayuguan link agreement, the sister cities are expecting to attract more tourists.
As part of its broader campaign to curb capital outflows, China has started a crackdown on “financial ants,” or individuals who smuggle cash little by little across the border to Hong Kong.
While recent signs point to the Chinese economy and currency stabilizing in the near future, a major market think tank has warned that it may be too early to cheer as there are also indications that growth may slow down and the yuan to come under pressure yet again.
For the first time, the IMF issued the COFER data on the renminbi-denominated foreign exchange reserves.
San Miguel Corp. may bid for Saigon Beer Alcohol Beverage Corp.
Sales of beer, noodles and cinemas are experiencing a dip in China.
The manufacturing industry leads the growth of China’s economy, with 51.8 PMI reading last month.
China’s rise and transformation from a stagnant economy to a growing market economy in 20 years may be considered an “economic miracle,” considering the size and complexity of the country, according to an article on Forbes.
Carter's Inc. plans to open 200 stores in China by 2022.
China’s nuclear plans will not be affected by Westinghouse’s bankruptcy filing as both parties have assured that the AP1000 project would be completed as scheduled this year, according to a statement released by China's State Power Investment Corp.
Tech conglomerate LeEco has secured an investment fund worth $2.2 billion. This will be used for the firm's smart Internet TV and film production subsidiaries.
After about half a decade of struggling with bad loans, China’s biggest banks have shown signs that their risk-control measures for bad loans are efficient, which allowed them to earn higher-than-expected profits, according to the earnings report filed by the three banks.
China’s “big three” carriers - Air China Ltd., China Eastern Airlines Corp. and China Southern Airlines Co. – reported a combined profit of 16.3 billion yuan ($2.4 billion), the biggest since 2010, according to filings submitted to the exchange on Thursday, March 27, China Daily reported.
The pet fashion industry in China continues to grow, looking at annual sales of about $17 million.
