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West has designs on China's future

Nation provides a business lifeline to struggling architect firms in the United States and Europe BEIJING: China's construction boom is providing a lifeline for the world's leading architecture firms, which have been hit hard by the economic crisis. A model of the 632-meter-high ...

Dell event seeks to inspire via youthful artistic talent

Zhang Jinliang (left) and another winner of the Dell Design Studio Contest show off their artwork in Beijing. With China now the world's second-largest PC market, Dell chose China to hold the first computer design contest. [Zhang Wei / China Daily] Contest to design laptop covers ...

Gap hopes to fill the gaps

The Gap Inc logo is displayed outside a store in New York. The company's first China store is to be opened in Beijing's Joy City shopping mall. [Agencies] BEIJING - Gap Inc, a global apparel retailer, plans to enter the Chinese market soon, by opening four outlets within this ...

Distribution sector: healthy and growing but needs more e-commerce

Exhibit of eFuture at the China Chain Store and Franchise Association's annual conference, in Nanjing, in November. [Photo / Provided To China Daily] China's distribution and e-commerce businesses are poised to meet the challenges and take advantage of the opportunities expected ...

Fund shells out $283m for office building

MCC transaction is largest en-bloc deal in Beijing so far this year BEIJING - Go High Fund, a Beijing-based yuan-denominated private equity fund, said on Monday it had acquired an office building from MCC (China Metallurgical Group Corp) Real Estate for nearly 1.9 billion yuan (...

Portal opens for businesses

The launch of Taobao.com's business-to-consumer website, Taobao Mall, has its customer-to-customer vendors worried about the possibility of reduced sales margins and concerns over competition. [Photo / China Daily] BEIJING - Chinese e-commerce giant Alibaba Group's recent move to ...

Land transfers drop 30% in Jan. to Nov.

From January to November, the total volume of land transfer in China's 130 cities has decreased to 1.7 trillion yuan (US$267.72 billion), falling by 30.85 percent compared to the same period last year, according to latest figures from Centaline Property. As one of the biggest ...

Falling Home Price Changes Chinese Family Budget

Zhu Jianying feels lucky that he held off from buying an apartment in the first half of this year. The Beijing property he is looking at has fallen in price by around 80,000 yuan (12,600 U.S. dollars) since then. "It is not a big amount of money compared to the total price of one ...

Falling home price changes Chinese family budget

Zhu Jianying feels lucky that he held off from buying an apartment in the first half of this year. The Beijing property he is looking at has fallen in price by around 80,000 yuan (12,600 U.S. dollars) since then. "It is not a big amount of money compared to the total price of one ...

HNA urges US to ease up with visas

HNA Group Co Ltd, parent company of Hainan Airlines Co Ltd, is urging the United States to lift restrictions on visas for Chinese visitors. "The United States government should give more visas to Chinese visitors and more support for direct flights from China to the US," said ...

China Set to Top Online Market

China is expected to overtake the United States as the world's largest e-commerce market by 2015, according to a report released by the Boston Consulting Group (BCG) on Tuesday. The country's e-commerce market is projected to grow at a compound annual rate of 33 percent to reach ...

Int'l real estate funds rush to enter China

International real estate funds, lured by the growing opportunities provided by a correction in the Chinese real estate market and an industry reshuffle, have quickened their pace in entering the market. The Hong Kong-based CITIC Capital Holdings Limited announced this week that ...

Home sales down 18% in Jan-Oct in Beijing

Amid government efforts to cool down the property market, commercial home sales in Beijing witnessed a 17.8 percent fall year on year to 6.97 million square meters during the January-October period, the Beijing statistics bureau said in a statement Monday. Earlier this year, the ...

Beijing house prices tumble 5.1%

Prices for new residential apartments in Beijing have stumbled 5.1 percent year-on-year in the first 10 months of 2011, as authorities' measures to cool the sizzling property market took hold. The Beijing Real Estate Association reported on Friday that the average price for ...

Y-3 to launch online store in China

Starting with the Autumn/Winter 2011-12 season, Y-3 will be available with its first online store in China from mid November 2011. With the launch of the new online store, china-based customers can explore and purchase the fully ranged Y-3 collection including men's and women's ...

Property agencies close stores as market cools

Real estate agencies in Beijing have shut down nearly 1,000 outlets so far this year, with 177 in October alone, as the property market cooled following a slew of government tightening measures, according to a survey by a leading real estate agency. The survey, released by Home ...

Beijing real estate agencies close stores as market cools

Real estate agencies in Beijing have shut down nearly 1,000 outlets so far this year, with 177 in October alone, as the property market cooled following a slew of government tightening measures, according to a survey by a leading real estate agency. The survey, released by Home ...

Gaopeng contrite over fake Tissots

Daily deal website Gaopeng yesterday said it has found a retailer has counterfeited the authenticated dealership certificate of Tissot watches it sold online last month. Gaopeng, partly owned by the world's largest daily deal site Groupon, said it will offer 200 yuan (US$31.50) ...

Mercent Retail to boost A ropostale eCommerce growth

Mercent, a leading technology company that enables retailers to profitably reach and convert more shoppers online, announced Internet Retailer 500 merchant A ropostale, Inc. has selected Mercent to manage and optimize its cross-channel advertising campaigns and accelerate product ...

Etao out to net more customers

The Chinese e-commerce giant Alibaba Group Holding Ltd will provide a marketing budget of 1 billion yuan ($157.3 million) for its online search arm next year, going head-to-head with Baidu Inc, the operator of China's largest search engine. Etao.com will use the capital to reach ...
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world

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finance

company

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industry

trade

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