BEIJING – The number of China's centrally-administered state-owned enterprises (SOEs) was reduced to 123, from 125, after two mergers were approved by the State Council, the country's Cabinet, the state-assets manager said Thursday. China National Real Estate Development Group Corporation was merged into China Communications Construction Company Limited (CCGRP) and became a wholly-owned subsidiary of [...]

HONG KONG – Top global luxury brands like Burberry and Coach are pouring funds into China’s multi-billion dollar luxury market, wresting control of their brands from Chinese partners as they swoop back into a market set to become world No 1.

Many piled into China over the last decade, pairing with re-sellers and joint venture partners, [...]

SHANGHAI – More than half of China’s existing residential structures will be demolished and rebuilt in the coming 20 years, according to a senior researcher from the Ministry of Housing and Urban-Rural Development, a claim that has sparked fresh questions about the short lifespan of Chinese buildings.
Chen Huai, director of the policy research center at [...]

Compared to USA, China is still in the early stage of e-commerce online shopping development. Base on statistics from enfodesk, in 2009, the online e-commerce market in China reached 252.7 billion RMB (about $37.7b USD). The market scale in USA was $134.9 billion 3 times greater than China. However, the population in China is 4 [...]

China’s economy is becoming stronger and many foreign companies are concerned that China will no longer pay attention to or support  foreign investment. However, according to the  British financial newspaper,  ”Financial Times” states “Thriving China is ever more open for business” . The article was written by Deming Chen, officer of China Ministry Commerce.
Chen Pointed out [...]

In a sign of shifting global fortunes, China edges out Japan, the one-time biggest US debt holder, currently with $787billion, or 19.8%. This is an increase from $298billion in 2005. In addition, Hong Kong holds $146billion up from $44billion in 2005, putting China/Hong Kong US debt holdings over $1trillion foreign treasury holdings.

As some of the world’s prominent fund managers have turned increasingly bearish about investment prospects in China, Guy Hands at Terra Firma, during his latest trip to Beijing, calls for the world’s young people to “Go East.
But the optimism from the chairman and founder of Terra Firma Capital Partners Ltd., one of the largest private [...]

China’s decision to end the yuan’s de facto peg against the dollar could have a significant impact over time on the fortunes of corporations big and small, Chinese and foreign—even though any movement of the Chinese currency in the near term is likely to be too gradual to matter immediately for  the bottom line. Below [...]