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Source: China News

Beijing :: China | updated 2014-04-18 05:32:13 -0700 | business-news

China's central government will spend less on overseas visits, vehicles and receptions, popularly known as the "three public consumptions," this year amid the country's frugality campaign, said the Ministry of Finance (MOF) on Friday.
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Source: Chinadaily

Hong Kong :: China | updated 2014-04-18 03:28:10 -0700 | business-news

Economy is still at a manageable level, but downward pressures do exist China's economy is cooled in the first quarter due to a decline in both exports and investments growth, but remains within a reasonable range. Economic growth and employment...
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Source: Chinadaily

Hong Kong :: China | updated 2014-04-18 03:28:25 -0700 | business-news

China Unicom (Hong Kong) Ltd, the country's second-biggest mobile carrier by subscribers, posted a 74 percent rise in first quarter net profits, beating estimates, as an increase in data usage offset a slowdown in subscriber growth. The profit growth was...
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Source: The Economic Times

Shanghai :: China | updated 2014-04-18 04:18:23 -0700 | business-news

China will limit the amount of money consumers can transfer to third-party online payment platforms, aiming to protect banks and consumers from fraud amid an explosion of online and mobile payment transactions. Banks will be obliged to limit how much...
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Source: The Economic Times

Shanghai :: China | updated 2014-04-17 23:26:37 -0700 | business-news

China's short-term funding costs slumped this week amid an abundance of money market liquidity, driven partly by weaker demand for funds as economic growth slows, traders said. Liquidity was likely to be comfortable in the medium-term as banks appear to...
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Source: Chinadaily

Shanghai :: China | updated 2014-04-17 23:04:26 -0700 | business-news

Stock-based incentives should be encouraged to attract and retain talent for startups and high-tech companies More preferential tax treatments should be granted to the equity-based compensation plans of high-tech companies. This is a crucial step for promoting technology innovations in...
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Source: The Economic Times

Beijing :: China | updated 2014-04-17 22:47:45 -0700 | business-news

Profit at China's state-owned firms edged up in the first quarter, data from the finance ministry showed, offering a silver lining for the world's second-largest economy after it recorded the weakest growth in 18 months in the period. State-owned non-financial...
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Source: Asian Wall Street Journal

Guangzhou :: China | updated 2014-04-17 21:46:12 -0700 | business-news

China amid an economic slowdown that could send diners searching for cheaper alternatives. The Oak Brook, Ill., company is overhauling a number of its China-based stores in places such as Beijing, Shanghai and Guangzhou using a local designer, according to...
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Source: Boston Herald

Beijing :: China | updated 2014-04-17 21:42:50 -0700 | business-news

Gov. Deval Patrick yesterday welcomed to Boston the founder of Hainan Airlines, which will begin nonstop flights between the Hub and Beijing in June. We've been having this conversation about a direct flight to Beijing for seven years now, the...
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Source: CNN

Hong Kong :: China | updated 2014-04-17 19:30:22 -0700 | business-news

Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling...
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Source: Chinadaily

Shanghai :: China | updated 2014-04-17 19:19:45 -0700 | business-news

Acting as a full-service company is the main strategy of Ctrip.com International Inc, the largest online travel agency, and there may be an opportunity for it to get much bigger by swallowing a major compet ito r. It's been reported...
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Source: Asian Wall Street Journal

Beijing :: China | updated 2014-04-18 00:32:11 -0700 | business-news

Lexus plans to show in Beijing a production version of its first compact SUV, to be called the NX. Ford China CEO John Lawler didn't disclose pricing for the coming vehicles but said Lincolns will be "competitively priced" with locally-made...
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Source: The Economic Times

Beijing :: China | updated 2014-04-17 16:26:46 -0700 | business-news

China's property market could threaten Beijing's plan to manage a slowdown in growth, as evidence mounts of a rapid cooling in what had been one of the few strong spots in the world's second-largest economy. So far, the economic story...
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Source: Turks and Caicos Free Press

Shanghai :: China | updated 2014-04-17 14:51:28 -0700 | business-news

Chinese lawyer Hao Junbo wants to make you rich if you're a whistleblower after a bounty. For big business in China he's a headache, part of a small but fast-growing industry built around exposing corporate wrongdoing...Securities and Exchange Commission received...
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Source: NewKerala

Hong Kong :: China | updated 2014-04-17 09:34:13 -0700 | business-news

Over a hundred companies and 200 dcelegates led by Commerce Secretary Rajeev Kher will take part in the "India Show" at the Hong Kong Spring Fair, aimed at networking and forging business relationships with Chinese buyers, the Confederation of Indian...
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