China / Business

Loan rate hikes loom as risk management in focus

[2017-03-06 07:12]

As policymakers remain intent on pushing financial deleveraging and curbing risk, the money market may face stricter regulation, higher financing costs; and lenders face a challenge to make profit as interest rate margins shrink and non-performing loan risks expand.

Mainland overseas bond financing receives a boost

[2017-03-06 07:12]

Led by banks and property developers, Chinese mainland's overseas bond financing exceeded that in the local market this year for the first time, Dealogic Holdings PLC data show.

Middle class' money hopes get attention

[2017-03-06 07:12]

When he delivered the Government Work Report on Sunday, Chinese Premier Li Keqiang may have been reflecting the financial aspirations and hopes of the nation's 109-million middle class among other things.

Mainland insurers win consumer trust

[2017-03-06 07:12]

Zhou Lijuan, 33, owner of a flower shop in Shanghai, is expecting her first baby any time this week. Over the last few months, she spent a lot of time talking to dozens of insurance agents, as part of her attempts to understand how policies work.

Chinese travel the world - hotels, tourism industry just love it

[2017-03-06 07:12]

More Chinese than ever are traveling to the United States and other foreign destinations - and hotels in China are going with them.

All set to touch down in more overseas airports

[2017-03-06 07:12]

Spring Airlines (later abbreviated as Spring), China's first and largest budget carrier, is sewing up plans to consolidate and expand its overseas forays.

Cuba's Mariel port seeks China push

[2017-03-06 07:12]

MARIEL, CUBA - These days, giant Chinese-built cranes briskly unload shipping containers from cargo ships at Cuba's deep-water port of Mariel, a fledgling special economic zone the country hopes will drive development over the coming years.

Study shows personal ties key to customer loyalty

[2017-03-06 07:12]

Low price is no longer an incentive to entice Chinese consumers, especially the millennials, and merchants should forge personal ties to retain customer loyalty, according to a latest study by consultancy Accenture.

Quotable

[2017-03-05 15:59]

China has been swept by the idea of a sharing economy. A growing number of people realize the new business model and are willing to be part of it.

IN BRIEF

[2017-03-05 15:59]

Rail expansion powers growth for German firm

[2017-03-05 15:59]

German semiconductor company Infineon Technologies AG says it aims to maintain double-digit growth in China this year as it benefits in part from the overseas expansion efforts of China Railway Rolling Stock Corp, the country's railway vehicle and equipment maker.

Chinese money pours into London

[2017-03-05 15:59]

Chinese investors broke records by spending 805 million ($1 billion; 944 million euros) on property in London's West End in January, around 80 percent of the amount spent by Chinese investors in that market during all of 2016.

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