China Shares Fall as Rally Loses Steam

China stock fell on Thursday, buyers retreated on speculation of a possible U.S. interest rate hike later this month and concerns liquidity could tighten as Beijing's steps up its fight against leverage. Continue Reading Below The blue-chip CSI300 index ... ( read original story ...)

A delivery man just became one of the richest people in China

It's a stark reversal for a company that got its start in what Wang has called the sneaky business of "black delivery," back in the '90s when only China's post office was allowed to handle packages. The courier company he created navigated the shadows of ... ( read original story ...)

China says supports WTO after U.S. trade threat

A truck drives past container boxes at the Yangshan Deep Water Port, part of the Shanghai Free Trade Zone, in Shanghai Thomson Reuters BEIJING (Reuters) - China supports the work of the World Trade Organization (WTO), the country's foreign ministry said on ... ( read original story ...)

Hershey to cut 15 percent of workforce. Is China to blame?

Hoping to broaden its footprint in China, Hershey acquired a local chocolatier Shanghai ... "Removing cost and complexity from our business will make us more flexible to quickly react to changing consumer and competitive marketplace trends," Hershey ... ( read original story ...)

China's billionaires have been crushing it under Trump

China's billionaires are having a field day under US President ... according to the daily ranking. Andy Kiersz/Business Insider Their financial performance has lagged behind that of the broader market, with the S&P 500 and the Dow Jones industrial average ... ( read original story ...)

Taiwan's Foxconn 'definitely bidding' for Toshiba chip business

southern China. Toshiba is considering selling the majority - or all - of its marquee flash-memory chip business, as it seeks to make up for a $6.3 billion writedown from its nuclear operations. Gou declined to say how much of the Japanese company's chip ... ( read original story ...)

CITIC 'plans domestic IPO' to boost capital

[Photo/China Daily] BEIJING-CITIC Trust Co, China's largest trust firm, is planning an initial public offering on the domestic stock market to boost its capital, according to sources. CITIC Trust General Manager Li Zimin announced the IPO plan in an ... ( read original story ...)