Central bank clips wings of P2P firms

2015-07-21 08:39:30

Per-to-peer, or P2P, lenders in China will henceforth function only as intermediaries and cannot raise funds on their own, the People's Bank of China said on Saturday.

Property firm stands out from crowd

2015-07-21 08:32:57

Crowdfunding has taken on a whole new meaning in China. When it first became popular in the United States and Europe in 2003.

Retreading the future with smart strategies

2015-07-21 07:41:55

You Xuezhong, chairman of the board of Shandong Yongtai Chemical Group, a leading private tire producer in China, brought his entire family to the United Kingdom this summer.

Portuguese realty soon on Taobao

2015-07-21 07:33:41

More than 1,000 luxury villas and apartments in Portugal are about to come under the virtual hammer on Taobao, a customer-to-customer site owned Alibaba Group.

Yellow metal prices decline as investors unload holdings

2015-07-21 07:08:49

Precious metals were routed as gold sank to the lowest in more than five years amid prospects for higher United States rates and after China said it held less metal in reserves than some analysts expected.

Express delivery - the 'dark horse' of China's economy

2015-07-20 16:39:56

The express delivery industry, a "dark horse" of the economy, is leading the galloping growth of China's service sector and has quickly become deeply rooted in Chinese people's daily lives.

Air transport ties to deepen along Belt and Road

2015-07-20 15:28:17

Civil aviation between China and two Asian countries along the Belt and Road, a China-proposed trade and infrastructure network, will enhance cooperation as China works to promote regional connectivity.

China's single-day box office hits record high of 400m yuan

2015-07-20 15:26:27

China's total box office sales surpassed 400 million yuan (about $64.4 million) on Saturday, a record for a single day, data from the State Administration of Press, Publication, Radio, Film and Television (SARFT) revealed Sunday.

Housing market continues to recover, pressure remains

2015-07-20 12:55:37

China's real estate market continued to warm up in June, with fewer cities seeing new home prices drop for the fourth consecutive month.

China's H1 crude oil output slightly up

2015-07-20 10:23:41

China's crude oil output edged up 1.7 percent year on year to 105.53 million tons in the first half, new data from the country's top economic planner showed.

Trade with China gets personal

2015-07-20 08:47:35

As the last day of the China Trade Week drew to a close in Nairobi, visitors surged in before the doors closed at 4 pm to pick up bargains and secure contacts.

Designer brands for children

2015-07-20 08:42:17

Inside the Ralph Lauren kids' clothing store at Plaza 66 on Nanjing West Road, Chen Fang, a housewife from Hubei province in her early 30s.