Trendy teahouse brand creates a stir

2015-08-21 08:18

Liao Weijia, the daughter of China's so-called "Hotpot Queen", is planning to expand her chic teahouse chain with the help of one of the country's major e-commerce players.

Headwinds blow European companies off track

2015-08-21 08:18

Jack Luo, a salesman at a German auto dealership in Beijing, plans to start looking for another job after four of his friends left to join other companies.

Baton passes to the next generation

2015-08-14 08:57

Pan Jianzhong invested his own money into upgrading his family-run shoemaking business in 1992 to prove a point to his mother.

Clock company heir refocuses business to stand test of time

2015-08-14 08:57

Amonth after arriving in London for his studies, Jin Feipeng started spending his weekends peddling bags, fashion accessories and DVDs at a market. Most people would have mistaken the then 17-year-old for someone who was struggling to make ends meet, but little did they know that it was merely a matter of pride and passion.

Quotable

2015-08-14 08:57

With housing prices in first- and second-tier cities going up, the property market seems to be well on the road to recovery. However, it is still far from a complete recovery, because China's housing market has entered a stage of oversupply, and a housing boom has no foundation at all."

IN BRIEF (Page 18)

2015-08-14 08:57

Russian Post, JD.com form alliance

2015-08-14 08:57

JD.com Inc, China's largest online direct sales company, has taken a further step in overseas expansion in Russia by teaming up with Russian Post, the national postal operator.

Island of virtual creativity

2015-08-14 08:57

Shanghai-based Gush Multimedia Arts intends to use the Isle of Man as a base to export its virtual cinema technology to Europe.

Seeds of success planted online

2015-08-14 08:57

Sweat is dripping off Qiao Xuebao as he walks through a maze of greenhouses that contain seedlings for household plants in five million pots.

Up, up and away for Hainan Airlines

2015-08-14 08:57

HNA Group, parent of Hainan Airlines, one of the largest Chinese airline companies, will increase investment in European mergers and acquisitions, group Chairman Chen Feng tells China Daily during an interview.

Rare earth mining firms slip into the red

2015-08-14 08:57

About 90 percent of China's rare earth mining companies are incurring losses as rare earth prices continue to plummet due to overcapacity and illegal mining, industry officials say.

Li signals stronger economic reform

2015-08-07 09:26

When Premier Li Keqiang greeted New Zealand Governor-General Jerry Mateparae in a Uygur-style room in the Great Hall of the People in Beijing on July 22, he probably didn't expect the high-level bilateral talks to devolve into a question and answer session about China's economic reforms.

Road map points the way forward for proposed industrial cluster

2015-08-07 09:26

The formation of a fully integrated world-class manufacturing and business hub in North China has moved a step closer after the governments of the three main centers involved accepted an official road map for the union.

Quotable

2015-08-07 09:26

The government faces a dilemma on the issue of the renminbi exchange rate. It has to maintain the stability of the exchange rate, and at the same time it is promoting the currency's internationalization. The policy of pegging the yuan to the dollar, so as to maintain its stability, has actually come at a steep cost."

IN BRIEF (Page 18)

2015-08-07 09:26

New tactics for new solutions

2015-08-07 09:27

Reforms and innovation in economic growth models and systems for global economic coordination are needed to tackle the difficult challenges and problems facing the world's economy, experts from the G20 say.

Yuan still in play for SDR inclusion

2015-08-07 09:27

The International Monetary Fund said on Aug 5 that its review on the inclusion of the yuan in its basket of Special Drawing Rights reserve currency is "well underway" and that formal discussions will take place toward the end of the year.

All the way with shining Shenyang

2015-07-31 08:29

Tell any high-flying European business executive that he or she is about to be posted to the Far East, and the next question may well be: "Am I being sent to Beijing, Hong Kong, Shanghai or Tokyo?"

Quotable

2015-07-31 08:29

"The central bank is doing some of the quasi-fiscal jobs by boosting capital in the policy lenders. Local governments are finding it hard to keep spending, and the central bank is providing funds to the policy banks to make up the gaps."

IN BRIEF (Page 18)

2015-07-31 08:29