Alibaba Group announced its decision Thursday to split China’s largest e-commerce website Taobao into three separate companies. The new companies are product search engine eTao, for searching across Chinese shopping websites; the business to…
Category: China
Residents walk along a flooded street in Kaihua county, Zhejiang province June 15, 2011. [Photo/Agencies] BEIJING – China has mobilised troops to help with flood relief and raised its disaster alert to the highest…
Individuals with access to critical information may have to register on regulatory list BEIJING – The China Securities Regulatory Commission (CSRC) on Wednesday issued draft rules of a nationwide registration system for people with access…
BEIJING — China’s central government on Wednesday discussed policies to boost overall development of the Inner Mongolia autonomous region, pledging especially to lift the living standards of local residents, improve ecology, and maintain social stability. …
BEIJING – Corrupt officials and company executives in China transfer their assets overseas through at least eight channels, according to a report released on Monday by the Anti-Money Laundering Monitoring and Analysis Center set…
Real estate market slows as tighter credit and gov’t curbs ‘start to bite’ SHANGHAI – Chinese developers’ outlook was cut to “negative” from “stable” by Standard & Poor’s, which said tighter credit and further…
BEIJING — The State Council, or China’s cabinet, on Wednesday began soliciting public opinions on a draft regulation for the implementation of the Vehicle and Vessel Tax Law, which will exempt electric cars, fuel-cell vehicles…
SHANGHAI – A 34-month-high consumer price index (CPI) in May has left little maneuvering room for manufacturers and required them to get stronger, more efficient and more creative, experts said on Tuesday. The National Bureau…
BEIJING – Increasing imports is not a temporary measure for China, but a long-term macro-economic strategy, Yao Jian, spokesman for the Ministry of Commerce, said on Wednesday. Yao stressed the importance of import expansion in…
Six major emerging economies of Indonesia, Brazil, China, India, South Korea and Russia will account for more than half of all global growth by 2025, a World Bank’s official said here on Wednesday. Mansoor Dailami,…