World / Countries / MNCs
China's major private property developer Country Garden has revealed a record USD 6.7 billion loss for the first half of the year. more
China’s central bank announces rate cuts as economy continues to struggle

In an unexpected move, People’s Bank of China trimmed the interest rate on 401 billion yuan ($55.25 billion) worth of one-year medium-term lending facility (MLF) loans from 2.65% to ...

Youth jobless rate might have hit 46.5 pct in China, claims professor

A Chinese professor has claimed that the country's youth unemployment rate might have hit close to 50 per cent in March.

China facing large income gap between its rich, poor: Report

Beijing: China is facing a large income gap between its poor and rich, shows the country’s income distribution statistics, according to The Times of Israel.

China witnessing a rise in youth joblessness crisis

Beijing: China's youth unemployment rate has increased and the latest data shows that the jobless rate for people aged between 16 and 24 is over 20 percent now.

Fresh graduates in China angry over growing unemployment

Beijing: Chinese fresh graduates are dissatisfied and angry over growing unemployment in the country as they are facing difficulties in getting jobs matching their qualifications, Tibet P ...

Non-manufacturing sector in China continues to maintain expansion in April

Beijing: The composite purchasing managers' index (PMI) of China stood at 54.4 in April, which continued to maintain expansion, indicating that enterprise production and business acti ...

Apple MixC Shenzhen opens in China

Shenzhen: Smartphone maker Apple on Friday previewed Apple MixC Shenzhen, the second store in this vibrant city.

Changshu: China to soon give a push to its digital yuan project despite struggles

Changshu: China is aiming to launch its ambitious digital yuan project with public sector employees set to be paid in the new form of currency in Changshu city from May, media reports sai ...

China 'biggest threat to economic security': Dutch intel agency

Beijing: Netherlands intelligence agency and Service warned about the increasing internal and external threats against the rule of law, reports said.