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Business

Old powerhouses draw on each other's strengths

2015-05-01 08:08

This year is shaping up as a golden one for China-UK relations, says Barbara Woodward, the British ambassador to China, who took office in February.

From Glasgow to Nanjing - via Australia

2015-05-01 08:08

When the Sanpower Group of China bought the 165-year-old British department store chain House of Fraser last year, the buyer's name would have meant little to most people.

Share investors told to beware of bubble

2015-05-01 08:08

Foreign investors are keenly engaging with new opportunities emerging from China's most recent wave of surging stock market prices, although an increasing number of them are cautioning against a bubble in this market.

Slower, but still top gear

2015-04-24 07:31

China remains a magnet for global carmakers, despite a slowdown in the world's top vehicle market as a result of the country's new normal of economic growth.

Automotive industry's profits take a tumble

2015-04-24 07:31

China's auto industry's profits have been on a downward trend this year, plagued by a slowing market and plunging car prices.

Quotable

2015-04-24 07:31

China's private companies should combine their efforts in 'going out'. They should share experiences and form industry chains in foreign countries."

IN BRIEF (Page 18)

2015-04-24 07:31

Chinese put a spring in Printemps' footstep

2015-04-24 07:31

When Paolo de Cesare arrives at work in Paris every morning the first thing he does is head for the balcony outside his office to count how many luxury cars are lined up at the VIP entrance at the back of Printemps department store and how many Chinese customers are getting out of them.

Betting on the old folks

2015-04-24 07:31

There are few businesses in which being able to read a crystal ball is as critical, and in which no one seems to know what the ground rules are - precisely because they are yet to be written. Welcome to China's senior care housing industry, a world in which the most commonly used words seem to be if and but.

Paris does its best to rekindle a cooling affair

2015-04-24 07:31

Paris is hoping that Chinese tourists, scared away from the City of Light by the dark doings of its criminals, will reassess their views and begin flocking back to it.

Universities boost Europe-China ties

2015-04-24 07:31

European universities are playing an increasingly significant role in helping China's entrepreneurs grow their businesses through research and development and commercialization of technology.

Robot wars heat up as foreign firms enter

2015-04-24 07:31

There will be fierce competition this year between foreign and Chinese robot manufacturing companies in the Chinese market, according to industry insiders.

Expansion slows to a six-year low

2015-04-17 07:02

China's economic growth fell to a six-year low of 7 percent in the first quarter, buffeted by sharp declines in industrial production and real estate construction.

Realty growth sinks to single-digit level

2015-04-17 07:02

First-quarter investment in the real estate industry plunged to the lowest point in nearly six years, according to data released by the National Bureau of Statistics on April 15.

Quotable

2015-04-17 07:02

"The main goal of the central bank's monetary policy is to maintain stability in the renminbi exchange rate as well as supply and demand of the currency. China will not join any 'global currency war' or let the renminbi depreciate substantially."

IN BRIEF (Page 18)

2015-04-17 07:02

French firms say 'oui' to new hires

2015-04-17 07:02

As China's economy grows and its economic collaboration deepens with France, French companies want to recruit top Chinese talent to gain a foothold in the Chinese market.

First stop: Eastern Belgium

2015-04-17 07:02

What organizers are calling the first group of Chinese tourists traveling to Europe on a regular chartered flight is scheduled to arrive at Liege Airport, Belgium, on April 20.

'Self-made' boosts Bentley sales

2015-04-17 07:02

British luxury car brand Bentley is fast expanding its sales in China, with a record high in 2014 of 2,670 cars delivered, against the previous year's 2,191 cars, representing a 22 percent boost.

Asian markets jumpstart UK car industry

2015-04-17 07:02

Almost exactly 10 years ago the British carmaker MG Rover went bankrupt. The event seemed to mark the end of the once proud British automotive industry.

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