Peer-to-peer lending, websites that allow individuals to borrow money from other individuals without going through banking middlemen, is facing its first serious government regulation as defaults undermine confidence in the online systems. ...
The surging growth of the Chinese cruise industry, in what is a remarkably short time, has attracted not only a rising number of local companies, but also interest from global industry leaders who are expressing their full confidence in the ...
Tags: Cruise Industry, Ship
Axalta Coating Systems, a global supplier of liquid and powder coatings, has opened a latest-generation manufacturing facility in Shanghai to produce waterborne coatings for China’s growing automobile market. The newest and one of ...
Tags: Axalta Coating, powder coatings
China will quicken the pace of implementing the strategy of free trade zones (FTZs) and turn institutional innovation into a strong impetus for the country's development, President Xi Jinping said Thursday.[Special coverage] To speed up ...
Tags: Consumer Electronics, China
China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...
Tags: Price Reform, electric power
Chinese mainland stocks declined as the country's leader hints at an economic 11-year-low growth target. The benchmark Shanghai Composite Index fell by 0.95 percent or 31.06 points to 3,248.48 points on Thursday. The Shenzhen Component ...
Tags: Chinese stocks, Hang Seng Index
China, the world's largest new-car market, is expected to surpass the United States to become the world's largest market for electric vehicles with its dramatically increased sales since the second half of 2014, according to an expert at ...
Tags: Electric Car, electric vehicles
About 85 percent of U.S. businesses in China are still "optimistic" or "slightly optimistic" in their five-year outlook despite an economic slowdown and rising costs, showed a report on Wednesday. There is continued confidence in business ...
Tags: economic slowdown, economic growth
As more global fast food chains rush to China for expansion, they also have to face the costly headaches in a fast-changing food supply environment plagued by repeated safety scandals. Fast-food giant McDonald's Corp recently announced ...
Tags: fast food, Food Production Monitor
Automotive component supplier Cooper-Standard has completed the purchase of Huayu Automotive System’s shares in Huayu-Cooper Standard Sealing Systems, the company’s Chinese joint venture. The purchase has made Cooper-Standard ...
With 'wildfire' growth over, many production lines idle Overcapacity is proving to be a headache for automakers in China as sales slow in the world's largest auto market, said analysts and industry insiders. Though 23.5 million vehicles ...
Tags: Auto Market, Overcapacity
The fur trade has slowed over the past year in China, but rising demand from northern parts of the country and smaller cities has been a strong factor in global sales growth and prices this year, according to industry participants. Mark ...
THE Shanghai Gold Exchange is preparing to link gold markets in the city and Hong Kong to strengthen China's gold pricing power, the exchange told Shanghai Daily yesterday. The disclosure came after Chan Sheung Chi, president of Hong ...
Tags: Gold
East China Fair (ECF) is the largest regional trade fair in China with the most traders, great variety of exhibits and the most onsite deals. With an annul 5-day session from March 1st in Shanghai, ECF is supported by Ministry ...
Tags: Footprints
HE Spring Festival holiday last week did not upset plans for the East China Fair which will open tomorrow as originally scheduled, although some small firms decided not to attend, the fair organizers said yesterday. The fair, the ...
Tags: Economy, East China Fair