Pilots joint ownership housing scheme in Beijing, Shanghai
China's housing authority has endorsed a pilot joint ownership housing scheme in Beijing and Shanghai, as part of government efforts to stabilize the property market.
Industries
China's home prices continue to stabilize on tough controls
China's property market continued to show signs of cooling as home prices faltered or posted slower growth in major cities following tough purchase restrictions, official data showed Friday.
In-depth
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China's VAT reform restructures economy
China's value-added tax (VAT) reform, a key part of supply-side economic reform, has given impetus to economic growth and boosted entrepreneurship.
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China hits back at S&P downgrade
China hit back Friday at the S&P Global Ratings' downgrade of the country's sovereign credit rating, with the finance ministry calling it a "wrong decision."
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Companies
Bank of China launches 1st mobile application in Malaysia
Bank of China Malaysia (BoCM) on Thursday launched its first mobile application in Malaysia in a bid to better develop its retail banking business in the country.
Mobike enters the United States
Mobike, one of China biggest bike sharing brands, announced its entry into the U.S. market Wednesday in a company statement.
Airbus inaugurates A330 completion, delivery center in China
Airbus Wednesday inaugurated its A330 Completion and Delivery Center (CDC) in Tianjin, north China, marking the first such center for its wide-body aircraft outside Europe.
