International industry experts say China's property market needs more government support if excess stock in the housing sector is to be reduced. Experts say much residential housing has left empty over the past few years, creating a major ...
Tags: Property Sector, Excessive Supply
China has realized universal power access when the last remote group of 39,800 people became able to light their homes with electricity. The light came on Wednesday in Gomang and Changjiang villages in the northwestern Qinghai province, ...
Tags: Universal Power Access
Construction on the first unit of a pilot nuclear power project using a Chinese reactor design began in south China on Thursday. Workers on Thursday morning broke ground on the unit that will use Hualong One technology, a ...
Tags: Nuclear Power Project
China on Thursday donated mine clearance equipment to Cambodia and start-up funds to the ASEAN Regional Mine Action Center. The 500,000-U.S. dollar donation included office equipment worth about 250,000 dollars to Cambodia, and start-up ...
A new mobile-technology-assisted APP has recently been made available to young Chinese students in a hope to better tackle the modified SAT, a standardized test for college admissions in the United States. The SAT will undergo its biggest ...
Tags: Mobile tech, SAT Examinees
New stats are suggesting Chinese acquisitions in the Asia-Pacific region have helped push the value of annual deals past one trillion U.S. dollars for the first time. The same set of data also shows Chinese companies have spent a record ...
Tags: M&A, New Heights
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
China Southern Airlines has announced an order to purchase 10 Airbus aircraft worth over 2 billion U.S. dollars, to help meet the growing demand for travel in China. The wide-body aircraft are expected to be delivered between 2017 and 19. ...
Tags: China Southern Airline, Planes
Luxury car maker BMW's China Automotive Trading is going to recall Mini Cooper models in the country due to concerns over a fault with the power steering system. The recall will involve at least 620 vehicles sold on the Chinese mainland ...
Tags: BMW, Mini Coopers
Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...
Tags: IPO Reform, Supervision
Rating agency Fitch predicts that China's annual steel exports are likely to fall to 70 to 80 million tons in the long term. Official data shows in 2014, China's steel exports reached 94 million tons. However, more steel production ...
Tags: Chinese Steel, Exports
For drivers in the United States this year, it's been the gift that keeps on giving with low gasoline prices helping them saving money. The US national average for gasoline has dropped below 2 US dollars a gallon, the lowest price since ...
Tags: U.S.Gasoline Prices
Alibaba has hired Apple's former counterfeiting investigator to lead the charge against fake products on Alibaba's e-commerce platform. The Chinese online retail giant has appointed Matthew Bassiur as its head of global intellectual ...
The priorities set out by Chinese leaders at a key economic meeting have prompted strong interest among foreign media organizations. The Central Economic Work Conference, which was held here from Friday to Monday, reviewed China's ...
China's stocks closed lower on Wednesday despite financial heavyweights performing strongly. Shanghai lost 0.43 percent to end at 3,636.09 points. The smaller Shenzhen index dipped 1.0 percent, or 131.26 points, to close at 13,007.87 ...
Tags: Shares, Financial Bluechips