China overtakes US in screens but cinemas sit empty

ZHUOLU TOWN, China (AP) — The brightly-decorated 3-D cinema in this town outside Beijing is showing the latest Chinese and Hollywood films, to row after row of empty red seats. So few people come to watch films here that the theater manager rents out the ... ( read original story ...)

China's Vanke strengthens hand against takeover bid

Shares in China's biggest property firm, Vanke, surged Friday after it announced a stock-holding shift that could end a bid by private conglomerate Baoneng to pull off the country's first hostile blue-chip takeover. Vanke's leadership has for more than a ... ( read original story ...)

China's media is about to go to 'war' Russia style

The network will be called CGTN. At the same time, Xinhua, China's official state news network, will consolidate a bunch of outlets under a new umbrella to focus its financial-reporting efforts. China Securities Journal, Shanghai Securities News ... ( read original story ...)