China tops US in cinemas, but many sit empty

ZHUOLU, China -- 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 halls to ... ( read original story ...)

China-built electric railway opens up landlocked Ethiopia

A US$3.4bil electrified railway line built by China was officially launched on Tuesday to link the Horn of Africa to its inland countries. The line connects the strategic Red Sea port of Djibouti and Addis Ababa, the capital of landlocked Ethiopia ... ( read original story ...)

China approves 10 new IPO applications

BEIJING, Jan. 14 (Xinhua) -- The China Securities Regulatory Commission (CSRC) has approved IPO applications for ten companies. The firms will be allowed to raise a maximum of 4.1 billion yuan (595 million U.S. dollars), a CSRC statement said. Five of the ... ( read original story ...)

China export numbers for 2016 poorest in 7 years

China's massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States that is clouding the outlook for 2017 ... ( read original story ...)

Beijing Fun Age Entertainment plans IPO

The cast of Beijing Fun Age Entertainment Co Ltd's second comedy movie meets with the audience at Tongji University in Shanghai after the showing of the movie. [Photo provided to China Daily] Beijing Fun Age Entertainment Co Ltd, China's first comedy stage ... ( read original story ...)