Biz updates

  • An urban inferiority complex


    As warnings continue to be sounded about the bubble in China's housing market, real estate industry insiders are warning of another, but one that few people are aware of.

  • China to promote innovative restructuring in hinterland regions


    China plans to make industrial restructuring of the country's western parts more innovation and science-driven over the next seven years.

  • Sun setting on polysilicon sector


    China's polysilicon industry is hanging on by a thread, with its survival threatened by cheap imports and sluggish demand, according to a report released by China's silicon industry association.

  • Small banks take initiative with small companies


    China's small banks have already changed their way of thinking and have begun treating smaller businesses as important customers.

  • Multinationals face increased scrutiny


    China is expanding its investigations into the food, dairy and pharmaceutical industries, raising questions about whether the days of "supranational treatment" for multinationals have ended.

  • Yili signs agreement with Dairy Farmers of America


    Inner Mongolia Yili Industrial Group - China's second-largest dairy producer by revenue - has signed a strategic cooperation agreement with Dairy Farmers of America Inc, news website reported.

  • Accelerating growth urged in autonomous ethnic areas


    Chinese officials have called for fostering new sources of growth in ethnic areas to bridge the development gap between such areas and more developed regions.

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