Guangdong Bangjia Leasing Co is set to transform China’s white goods market. Retailers may feel the pinch but its leasing model opens up new channels for manufacturers, the China Securities Journal discovers

Shanghai’s gross domestic product (GDP) is expected to grow 10% this year to just maintain the city’s record of double-digit growth every year since 1992, the Oriental Morning Post reported, citing a National Development and Reform Commission bulletin. Shanghai’s economy, which is largely based on the finance, real estate and other service ...

One of the hot China business stories this year has been the plight of the nation’s garment and footwear manufacturers. Not only have rising costs for everything from labour to land eaten into profit margins, particularly on the eastern seaboard, but the rising yuan and the global credit crunch have also eaten into export orders and sales revenues.Many...

It has been a largely forgettable year for garment makers after credit woes in key export markets ate into new orders. But as China Business News reports, the domestic market is picking up the slack

As China’s foreign exchange reserves continue to grow and the greenback continues to fall, using US dollar holdings to buy into offshore companies is the best way to hedge against loss, the China Securities News reports