Before high-level government officials from nearly 30 countries and international associations of the steel industry gathered in Brussels for a three-day meeting on Monday, China was set to be blamed for the sector's grave ills.
Given the changes to its economy and financial market, China's monetary policy will maintain a certain degree of looseness in the coming months, but "prudence" will feature more prominently than last year.
With the launch of its own gold price benchmark, China, the world's biggest producer and consumer of gold, has more influence in the pricing of the precious metal.more
Of 70 large and medium-sized cities surveyed in March, 62 saw new home prices increase month on month, up from 47 the previous month.more
Overseas M&A deals by Chinese companies in the first quarter of the year stood at 16.56 billion U.S. dollars.
Chinese Internet giant Baidu announced Tuesday that it will expand its mapping service to over 150 countries and regions by the end of 2016 as part of its strategy to go global.
Chinese smartphone maker Xiaomi has announced plans to work with national bank card association China UnionPay to grab a bigger share of the growing mobile payment market.