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Business

HNA Group makes move in London real estate market

2015-09-05 07:46

HNA Group, the parent company of Hainan Airlines, announced on Aug 31 it had acquired No 30 South Colonnade, a landmark office building in Canary Wharf, one of London's financial districts.

Foreign bears don't affect China - yet

2015-09-05 07:46

Some international investors have cashed in their bearish bets on the Chinese financial market in recent weeks, but the country's stringent capital controls mean the impact of their activities on China's real economy is still minimal, experts say.

Reincarnated firm banks on a wave

2015-09-05 07:46

Over its relatively short life of 27 years, Yonyou has gone through several reincarnations. First it was known as Ufsoft, seven years later it became Ufida, and this year it metamorphized into Yonyou Network Co. However, there is much more to all of this than simple name changes.

Fallen founder still pulls the strings

2015-09-05 07:46

Disgraced business tycoon Huang Guangyu is in prison, but it has not stopped him from tightening his grip on China's leading electrical appliance chain.

Top UK schools swell with overseas students

2015-09-05 07:46

Elite boarding schools in the United Kingdom are recruiting record numbers of overseas students, with Chinese by far the most common foreign nationality, studies show.

Summer of fun to help bolster study ambitions

2015-09-05 07:46

Organizers of summer education camps at Western schools say they are receiving more children from China.

A vital link in high-speed growth

2015-08-28 08:30

The UK's new high-speed railway project, High Speed 2, could be a good opportunity to help the fast-growing Chinese railway industry gain a foothold in developed markets, experts say.

Train maker gains high-end technology

2015-08-28 08:30

China's high-speed train manufacturer, China Railway Rolling Stock Corp, is fast gaining high-end technology through overseas acquisitions, and one such successful example is its purchase of the British semiconductor maker Dynex.

Port provides path to growth

2015-08-28 08:30

The city of Yingkou has many ideas and plans up its sleeve, but there is one thing it is certainly not about to do: Put all of its attractive economic eggs into one basket.

Quotable

2015-08-28 08:30

"The recent adjustments in the yuan exchange rate mechanism have been made to mirror changes in global economic conditions, and make the currency more flexible. The government is not going to stimulate exports by doing this, and depreciation will not become a trend."

IN BRIEF (Page 18)

2015-08-28 08:30

Shanghai startup wins Bayer prize

2015-08-28 08:30

After years of living in Shanghai, where air pollution is a major issue, David Hartmann is confident demand will be high among city dwellers in China and across Asia for his product, the Pattern Breathe Mask.

China's richest enterprises feeling the pinch

2015-08-28 08:30

Although the top 500 Chinese companies have seen their income swell over the years, the room for growth has contracted, especially after the global financial crisis, a news report said on Aug 24.

Yuan boost for Christmas tree exporter

2015-08-28 08:30

Zhu Zhixiang sells artificial Christmas trees in Yiwu, Zhejiang province.

Stock slide's long-term effect will be limited

2015-08-28 08:30

The impact of China's stock market slump on European and US capital markets and economy is limited in the long term, industry insiders say.

Quotable

2015-08-21 08:18

The central bank was able to stabilize the exchange rate thanks to China's $3.7 trillion in foreign exchange reserves. It will intervene only in exceptional circumstances to counteract excessive volatility. The Chinese government has no intention or need to participate in any so-called currency war."

IN BRIEF (Page 19)

2015-08-21 08:18

Returnees more willing to go it alone

2015-08-21 08:18

Setting up a business is becoming much more common among China's overseas returnees, and the government should make a greater effort to cater to their needs, industry experts say.

Climbing on board the yachting craze

2015-08-21 08:18

Chen Jiahui, who runs his own Internet company in Ningbo, a city in northeast Zhejiang province, learned to pilot a yacht last year.

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