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New home sales rebound in Shanghai on improving stock
Business2017-09-26 09:31September 26 2017 22:43:25

New home sales rebound in Shanghai on improving stock

New home sales rebounded in Shanghai last week amid recovering supply with medium to low-end projects continuing to be the most sought-after type, market data showed yesterday.

Foreign funds hope to offer investments in China
Business2017-09-26 09:31September 26 2017 22:43:25

Foreign funds hope to offer investments in China

An increasing number of foreign asset management companies are applying to become privately offered fund managers in China, where they are expected to offer greater global investment opportunities.

China, Russia decide to broaden energy cooperation
Business2017-09-26 09:31September 26 2017 22:43:25

China, Russia decide to broaden energy cooperation

Chinese Vice Premier Zhang Gaoli (R) meets with Alexei Miller, CEO of Russian natural gas company Gazprom, in Beijing

Didi seeks bite of used-car business
Business2017-09-26 09:31September 26 2017 22:43:25

Didi seeks bite of used-car business

China's ride-hailing firm Didi Chuxing has injected $200 million into the latest financing round of secondhand-car trad

Deal set to lift LeEco’s cash flow
Business2017-09-26 09:31September 26 2017 22:43:25

Deal set to lift LeEco’s cash flow

Leshi Internet Information & Technology Corp, LeEco’s listed subsidiary, will spend 3 billion yuan ($453 million) to acquire part of its parent company’s investment and finance business.

Royole shows its flexible approach
Business2017-09-26 09:31September 26 2017 22:43:25

Royole shows its flexible approach

Bill Liu (center), founder of flexible display developer and manufacturer Royole Corp

Starbucks stores in mainland begin accepting Alipay
Business2017-09-26 09:31September 26 2017 22:43:25

Starbucks stores in mainland begin accepting Alipay

Alipay, the Alibaba-backed mobile payment tool, said that effective immediately

China to further open up finance
Business2017-09-26 09:31September 26 2017 22:43:25

China to further open up finance

Move prompted by concerns over slow progressChina is poised to allow access to more foreign financial institutions to he

Deloitte to invest for expansion
Business2017-09-26 09:31September 26 2017 22:43:25

Deloitte to invest for expansion

Deloitte yesterday said it will invest $200 million in China to develop talent, upgrade technology and support the Belt and Road initiative.

S&P downgrade of China's rating rejected
Business2017-09-26 09:00September 26 2017 22:43:25

S&P downgrade of China's rating rejected

Domestic credit situation improving

Xi calls for persistently pursuing Chinese dream of national rejuvenation
Business2017-09-26 09:00September 26 2017 22:43:25

Xi calls for persistently pursuing Chinese dream of national rejuvenation

Top Communist Party of China and state leaders Xi Jinping, Li Keqiang, Zhang Dejiang, Yu Zhengsheng, Liu Yunshan

Slump in realty shares pulls index down
Business2017-09-26 09:00September 26 2017 22:43:25

Slump in realty shares pulls index down

Shanghai stocks fell yesterday as property developers slumped after a new round of government curbs to rein in the heated housing market.

Didi invests $200 million in China's used-car platform Renrenche
Business2017-09-25 18:01September 26 2017 22:43:25

Didi invests $200 million in China's used-car platform Renrenche

Didi Chuxing will invest 200 million U.S

UAE, China keen on promoting bilateral ties in trade, culture
Business2017-09-25 18:01September 26 2017 22:43:25

UAE, China keen on promoting bilateral ties in trade, culture

In recent weeks, public and private institutions of the United Arab Emirates (UAE) and China have shown great interest in further expanding the bilateral business and cultural ties.

Convenience food rebounds in China
Business2017-09-25 18:01September 26 2017 22:43:25

Convenience food rebounds in China

China's convenience food industry has rebounded after a 5 year slowdown

New economy to contribute 12 pct of Chinese GDP: report
Business2017-09-25 18:01September 26 2017 22:43:25

New economy to contribute 12 pct of Chinese GDP: report

China's new economy will account for an estimated 12 percent of the country's annual GDP this year

China to double target of new energy cars
Business2017-09-25 18:01September 26 2017 22:43:25

China to double target of new energy cars

China will double its new energy cars development goal by 2020 as it reaches its target ahead of schedule.Cai Tuanjie

More southbound investment to bolster Hong Kong stock market: UBS
Business2017-09-25 18:01September 26 2017 22:43:25

More southbound investment to bolster Hong Kong stock market: UBS

Southbound activities will gradually pick up in the next few years and bolster the Hong Kong stock market

Canyon Bridge acquires Imagination at $744 million
Business2017-09-25 18:01September 26 2017 22:43:25

Canyon Bridge acquires Imagination at $744 million

Canyon Bridge, a China-backed private equity firm

Shanghai launches tech investment fund
Business2017-09-25 08:45September 26 2017 22:43:25

Shanghai launches tech investment fund

Shanghai has set up an equity investment fund to help support tech startups to promote scientific and technological innovation.

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