Construction of a US$2.12 billion (RMB14.5 billion) international sourcing and merchandise marketplace will begin in Guangzhou, the capital of Guangdong province, in late September, China Business News reported. The project will be built in three stages and include wholesale, convention, logistics, services, transport and apartment buildings, according to Gr...

Domestic textile production has led to a tailing off of orders for new textile machines. Exports are also feeling the pinch of the global economic downturn, writes China Business News

Shanghai has won approval for a new US$2.92 billion (RMB20 billion) private equity fund targeted at the city’s financial sector. Shanghai Securities News looks at the key players and what the fund means for the city’s financial sector.

Vietnam has emerged as a major competitor for China’s textiles sector. China Business News compares the two countries and finds that Vietnam’s advantages are smaller than often thought

Sichuan’s earthquake last week has already lead to almost US$10 billion in direct losses. The Shanghai Securities News looks at the effect of the quake on the local economy