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Alibaba.com Ltd. agreed to buy Vendio Services Inc. of the U.S. as the operator of China’s biggest online-commerce site steps up efforts to boost its business outside its home market, reported Thursday’s Bloomberg.
China, the world's biggest exporting nation, wants to double its trade with Canada to $60 billion by 2015, President Hu Jintao said on Thursday, reported Reuters.
Web users in China will have to register their names before playing games online as part of the nation's first official set of rules governing the booming market, reported Wednesday’s China Daily.
China's inflation rose in May amid signs its rebound from the global slump is slowing, adding to pressure on Beijing to keep growth on track and control politically sensitive prices, reported Friday’s AP.
China on Tuesday stuck to its guns on the pace of exchange rate reform, reaffirming that change must remain gradual and controllable, reported Reuters.
China's annual audit shows the country's recession-fighting spending spree has led some local governments to run up debts to levels that could pose a threat to the economy, reported Thursday’s AP.
Guangdong Province will send an application to the central government for the adoption of a floating mechanism that links the individual income tax to the price level and inflation index of the area and raise the threshold for the income tax of the province's residents, according to local media reports.
Riversdale Mining Ltd., an Australian developer of coal projects in Africa, signed an initial $800 million agreement with Wuhan Iron and Steel Corp. to build a coking coal mine in Mozambique’s Tete province, reported Wednesday’s Bloomberg.
The People's Bank of China (PBOC) on Monday said that non-bank payment service providers would need a license to conduct third party payment transactions in the nation, reported China Daily.
