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Business

Costco bets on bulk-buy strategy

The US retail giant Costco is diving into the thorny area of food retail in China with its first store opening tomorrow but it may faces a tough ride as it looks to succeed where a series of international...

August 26, 2019, Monday

Huge potential seen in online grocery shopping

Though leaving work after local farmers’ markets closed around 7pm, Chen Fang, a Beijing-based accountant, still managed to make five tasty dishes for her child’s birthday....

August 26, 2019, Monday

China acts to regulate property market

China has decided to set its interest rates for commercial individual housing loans in a more market-based manner in its latest move to regulate the property market’s growth....

August 26, 2019, Monday

Indian companies bet big on China

Shanghai is the most popular investment destination for Indian companies in China, according to a survey by the Confederation of Indian Industry and Evalueserve....

Huang Yixuan | August 23, 2019, Friday

Daimler to make Mercedes Benz trucks in China

German auto maker Daimler AG plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources...

August 23, 2019, Friday

Huawei tops Chinese firms list

China yesterday unveiled its latest rankings for its 500 largest private enterprises, with tech giant Huawei atop the list amid sound development of the country’s private business....

August 23, 2019, Friday

China fuels record spending on real estate in Asia-Pacific

Major real-estate investment hit a record US$86 billion in the Asia-Pacific region in the first half of 2019 despite a softening global market....

Cao Qian | August 23, 2019, Friday

Stocks end up on liquor, agri gains

Shanghai stocks closed slightly higher yesterday, led by gains of liquor makers....

Hu Yumo | August 23, 2019, Friday

Maritime industry exhibition in city

Marintec China 2019, an international gathering of the maritime industry, will be held from December 3-6 at the Shanghai New International Expo Center in the Pudong New Area....

Xu Lingchao | August 23, 2019, Friday

China to counter any new US tariffs

China’s Commerce Ministry said yesterday that the country would have to take countermeasures if the United States imposes new additional tariffs on Chinese goods....

August 23, 2019, Friday

Plea to correct faulty probes

China’s Ministry of Commerce yesterday urged the United States to correct its faulty practices in anti-subsidy probes against Chinese products after the World Trade Organization again ruled that US countervailing ...

August 23, 2019, Friday

6 firms join Hongqiao trade center

A NEW batch of companies has joined the Hongqiao Import Commodity Exhibition And Trading Center to promote their products to domestic consumers....

Huang Yixuan | August 22, 2019, Thursday

Marvel loses Spider-Man over failed Sony deal

Marvel’s superhero films could lose their most famous character after Sony confirmed on Tuesday that talks over its deal to share Spider-Man with the Disney-owned studio have broken down....

August 22, 2019, Thursday

Xiaomi earnings jump

China’s tech giant Xiaomi reported 20.2 percent revenue growth in the first half of this year, hitting 95.7 billion yuan (US$13.6 billion), the Beijing-headquartered company said in its H1 financial r...

August 22, 2019, Thursday

Couriers for garbage

Alibaba’s courier and logistics affiliate, Cainiao Network, has teamed up with five courier companies to install 1,000 recycling boxes in Shanghai to collect reusable material in support of the city’s...

August 22, 2019, Thursday

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