Business-starved high-end restaurants seek new profit staples

2015-05-02 09:55:14

The world was stunned when Chinese luxury-restaurant chain Cloud Live Technology Group Co said it was short of 240.6 million yuan ($38.8 million) needed to pay back the 400 million yuan of debt it incurred three years ago.

Business aviation soaring through turbulence

2015-05-02 08:57:24

The three-day 2015 Asian Business Aviation Conference and Exhibition in Shanghai was "the strongest edition of the show in its 10-year history".

New drilling rig delivered in Shandong

2015-05-01 14:46:30

A new deep-water, semi-submersible rig was delivered to its domestic purchaser in East China's Shandong province on Thursday.

Express delivery services booming in China

2015-05-01 14:45:53

Express delivery services in the world's second largest economy are booming, with private couriers named the major players, official data showed Thursday.

China warns steel bar makers of EU anti-dumping probe

2015-05-01 14:45:07

The Ministry of Commerce said on Thursday that the European Commission (EC) had issued a "notice of initiation of an anti-dumping proceeding concerning imports of high fatigue performance steel concrete reinforcement bars" originating in China.

US brands find sweet spot for growth in China

2015-05-01 07:30:53

Look out Gucci and Prada. China's zest for Western products, which has made it the leading market for luxury goods since 2012, is moving downstream.

Startups upstage SOEs for jobs

2015-05-01 07:30:53

Government jobs, with steady income, job security and power, are losing lustre as more people opt to become entrepreneurs and seek fortune in starups.

Faulty component puts Apple Watch behind time

2015-04-30 14:52:45

It may take time for Apple Watch fans to get their wrists around it, as a key component made by a Chinese firm has turned out to be defective.

Recycling factory - where the magic happens, again

2015-04-30 14:55:25

As the only professional factory in Fuzhou city, East China's Fujian province that helps to recycle old electronics, Yuanhong Investment Zone Recycling Factory tears down more than 70,000 electronics every month.

Be prudent about Canada's energy sector, warn experts

2015-04-30 13:24:41

As the energy industry in Canada is struggling to control the oil prices, experts suggest emerging opportunities for investment, but they warn Chinese investors to hold their horses.

China renews subsidies for shale gas exploration

2015-04-30 10:20:59

China will renew subsidies on shale gas exploration as part of efforts to optimize the country's energy structure.

Steel mills shift to exports as market sags

2015-04-30 10:18:00

First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices.