Alibaba Group Holding Ltd, China's e-commerce giant, on Friday set another sales record for Singles Day, the world's biggest online shopping event, reporting that about 120.7 billion yuan ($17.79 billion) was spent in 24 hours.
Nov 15, 2016Chinese firms get more adept in effectively managing takeovers of foreign companies.
Nov 07, 2016Ten Chinese financial institutions, mostly banks, have conducted the first batch of credit default swap (CDS) transactions.
Nov 02, 2016China's manufacturing Purchasing Managers' Index (PMI) rose to 51.2 in October from 50.4 in September, well above market expectations and the highest level since July 2014, according to data released by the National Bureau of Statistics (NBS).
Nov 01, 2016The strict governance of the Communist Party of China has entered a new era with two regulations passed at a key meeting on Thursday.
Oct 28, 2016China has released a new policy that aims to accelerate the disposal of bad loans to businesses by getting rid of "zombie enterprises" and facilitating the transfer of bad loans in general to asset management companies (AMCs).
Oct 27, 2016The inclusion of the yuan in the Special Drawing Rights basket of the International Monetary Fund will bring great business opportunities to commercial banks with an integrated platform serving clients onshore and offshore.
Oct 25, 2016China's third-quarter economic growth stabilized at 6.7%, official data said Wednesday, which was in line with estimates as weaker exports and investments were counterbalanced by a heated housing market.
Oct 19, 2016China's State Council and the nation's financial regulators have issued a sweeping set of plans to tackle risk and outright fraud in the booming Internet financing industry.
Oct 17, 2016Debt-to-equity swap programs to lower China's corporate debt will not offer a free lunch to profit-losing companies, according to guidelines issued by the State Council on Monday.
Oct 11, 2016