Economic Watch: Walk the talk as China further opens up

Economic Watch: Walk the talk as China further opens up

Earlier this month, China's State Council released a guideline detailing 20 policies to create a more "fair, transparent and predictable" business environment for foreign investors in the country's latest opening-up push.

Macro

China's November manufacturing PMI back to expansion zone

China's November manufacturing PMI back to expansion zone

The purchasing managers' index for China's manufacturing sector firmed up to 50.2 in November from 49.3 in October, the National Bureau of Statistics said Saturday.

Financials

Companies

Alibaba makes robust debut in Hong Kong market

Alibaba makes robust debut in Hong Kong market

Chinese e-commerce giant Alibaba Group Holding Ltd. made a strong debut on the main board of Hong Kong stock exchange Tuesday with share price rising 6.59 percent on the first trading day.

Tech giant Xiaomi posts 20 pct profit growth in Q3

Tech giant Xiaomi posts 20 pct profit growth in Q3

China's tech giant Xiaomi reported 20.3-percent adjusted net profit growth in the third quarter of this year.

KFC launches ethnic culture-themed restaurant in south China

KFC launches ethnic culture-themed restaurant in south China

International fast-food chain KFC has rolled out a series of coffees topped with animal patterns, derived from bronze drums of the Zhuang ethnic group, in its minority culture-themed restaurant in China's Guangxi.

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