China Biz Buzz tells the story of business in China as it's being rewritten. From harbors to high-rises, new ideas are redefining markets. We follow the innovators and builders whose work crosses borders, reshapes industries, and sets new terms for the future. Each in-depth report offers a window into the China-driven forces remaking the modern world.
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The death toll from Himalayan flash floods triggered by a glacial collapse rose to 800 in Nepal and to 16 across the border in China, with some reports putting the number of missing as high as 3,000. Rescue teams deployed along the border are searching remote, rough terrain for survivors five days...
Top Business
China's three biggest airlines suffered wider losses of a combined 8.2 billion yuan (US$1.2 billion) in the first half, driven by higher jet fuel costs and disrupted international routes triggered by the Middle East. The last two of the carriers reported earnings on Sunday.
Economy & Markets
Chinese regulators are poised to rein in carmakers' technology hype amid shrinking domestic vehicle sales, the South China Morning Post reported. Xin Guobin, vice minister of Industry and Information Technology, told a press briefing last week that new auto products and technologies would be barred...
Corporate
Beijing-based Datang International Power Generation, one of China's largest independent domestic power producers, said first half profit rose 19 percent to 5.3 billion yuan (US$788 million) on a 2 percent increase in revenue to 58.2 billion yuan.
