MGM China Holdings Ltd a joint venture between MGM Resorts International and Hong Kong billionaire Pansy Ho, jumped more than 5 percent on its market debut on Friday, with investors keen for exposure to the world's largest gaming market.
Burgeoning Chinese inbound and outbound tourism has provided a boost for US-based Marriott International Inc to further tap the domestic hospitality market and lure more Chinese tourists traveling abroad to its businesses, a senior company executive said.
Amid increasing calls from the Chinese government for more environmentally friendly growth to transform its economic structure, Hangzhou, the capital city of East China's Zhejiang province, is aggressively promoting its outsourcing service industry.
China's nonstop economic growth presents multiple opportunities for companies that understand the ins and outs of China, said scholar Kenneth Lieberthal during a discussion on his new book Managing the China Challenge: How to Achieve Corporate Success in the People's Republic.
Daimler AG's Mercedes-Benz plans to provide more tailor-made vehicles and technologies to cater to customers' increasing demands in China, the luxury carmaker's third-largest market.
The speculation about whether a Chinese candidate could step forward as the chief of the International Monetary Fund (IMF) has been picking up steam across China after Dominique Strauss-Kahn's arrest over an alleged sexual assault on a hotel maid.
Wang Gongquan, a partner of CDH Investments, announced Monday via Sina micro blog that he plans to elope with Wang Qin.
When Professor Steve Dekrey moved to Hong Kong 15 years ago to set up the Kellogg-Hong Kong University of Science and Technology (HKUST) executive master of business administration (EMBA) program, he anticipated Asia being the world's new growth center, providing more marketing room for Asia business schools.
The European Union's foreign policy chief Catherine Ashton thanked China for its "continued involvement" in European sovereign bond markets, saying the confidence displayed by Beijing gave countries room to carry out economic reform.
Star basketballer Yao Ming has filed a lawsuit against a local sportswear producer for name and portrait infringements, the Yao Team announced here on Thursday
The former mayor of the affluent southern Chinese boomtown of Shenzhen received a suspended death sentence on Monday for taking bribes of more than 33 million yuan ($5.1 million).
In China alone, the number of social-network users reached 207 million by the end of 2010, up 28 percent from the previous year. It is expected to hit 488 million by 2015, according to market research company eMarketer Inc.