Beijing aims to come up with a set of guiding principles for global investment when it hosts the G20 summit in Hangzhou in September.
In an opinion piece in the official People’s Daily on Thursday, Renmin University professor Zhou Xincheng attacked suggestions that state-owned enterprises should be privatised, calling on the authorities to make SOEs “bigger and stronger”.
When senior officials from Washington and Beijing meet next month to discuss a series of thorny issues, China might also try to seek clearer clues on the US Federal Reserve’s next move, analysts said.
China’s securities regulator is reining in aggressive valuations in merger and acquisition deals, particularly those related to the cinema and film business.
Even before last week’s publication of the minutes of the US Federal Reserve’s April policy meeting which revealed that most policymakers felt it would be “appropriate” to raise interest rates next month, provided economic data remain favourable, investor sentiment towards emerging markets (EMs) was beginning to deteriorate.
The number of affluent Chinese is growing. They prefer real estate and cash as investments and do not trust financial advisors, a survey showed.
Hong Kong mobile app companies should look towards regions such as Southeast Asia and Taiwan to expand their market amid slowing profitability and revenues in the field, according to an industry survey.
Sing Tao News Corporation laid off about 20 employees on Wednesday, weeks after it cut or froze their wages in a bid to cut costs.
Five more women say their babies, delivered at a private hospital in Hong Kong, had the same potentially fatal bacterial infection as another baby discharged as healthy but later rushed to a different hospital for treatment. The cases occurred over an eight-day period.
Shenzhen, the southern city known as China’s Silicon Valley, could be losing its lustre due to a housing affordability crisis much like the one that struck the American original.
School children with mental health problems are waiting more than two thirds longer for treatment at public clinics than two years ago, it has been revealed.
Beijing pledged to take a substantial step forward to liberalise its commodity futures market by allowing foreign investors and domestic financial institutions to deal in contracts that bet on prices for crude oil, iron ore and rubber.
Undergraduates in the city are expecting a lower salary after graduation than a year ago, a study has found, with experts attributing the “gloomy” view to an economic slowdown in Hong Kong and around the world.
The banking regulator began a three-month consultation into the initiative on Tuesday, designed to ensure banks are ready to face online threats
Chinese President Xi Jinping said the nation’s military budget would not be able to maintain a “normal growth” rate because of the economic downturn and called on the army to be prudent in its spending.
Chinese billionaire Wang Jianlin, whose Dalian Wanda Group is launching a chain of theme parks and entertainment complexes around China, has taken aim at rival Walt Disney ahead of the Magic Kingdom’s opening next month in Shanghai.
A Chinese naval strike group conducted a 48-hour non-stop combat drill in the western part of the Pacific Ocean under the close surveillance of US and Japanese warships, Chinese state media reported on Tuesday.
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