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China's industrial profit growth speeds up

China's industrial profit growth speeds up

Profits of China's major industrial firms rose 6.9 percent year on year in the first seven months of 2016, accelerating from the 6.2-percent rise registered in the first half, official data showed Saturday.

Focus

China Focus: China tightens controls on P2P lending

China Focus: China tightens controls on P2P lending

China's banking watchdog issued a set of regulations Wednesday, aiming to tighten supervision of the country's booming peer-to-peer (P2P) lending industry.

Market

Preparation in progress for Shenzhen-Hong Kong stock connect

The Shenzhen stock exchange has urged securities companies to complete all preparation work by early November.
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Housing inventories in major Chinese cities continue to decline in July

Housing inventories in China's major cities fell for a third-consecutive month as destocking measures kicked in.
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Companies

China Telecom reports higher profits in H1 on surging 4G users

China Telecom reports higher profits in H1 on surging 4G users

China Telecom reported 6.3 percent growth in net profit for the first half (H1) of this year thanks to more 4G subscriptions.

China's ride-hailing firm Didi selected on Fortune "Change the World" list

China's ride-hailing firm Didi selected on Fortune "Change the World" list

Chinese ride hailing and sharing company Didi Chuxing was selected on the Fortune list of "2016 Change the World".

China's Xiaomi to enter U.S. smartphone market soon

China's Xiaomi to enter U.S. smartphone market soon

In the near future, consumers in the United States will have a chance to use Xiaomi smartphones, a Chinese homegrown brand.

Issues