Chinese e-commerce giant Alibaba.com has one less competitor to worry about as Ninetowns Internet Technology Group Company Limited is terminating its own B2B online
Tag: financial crisis
China Exports Down Retail Sales Up In 2009
According to data released by China's National Bureau of Statistics, due to factors such as the economic slowdown, decreased exports, and falling share prices,
China Drafting Salary Law With Trade Unions
Zhang Mingqi, the vice chairman of All China Federation of Trade Unions, said at a recent press conference that China is drafting a law
Bank Of China Gives More Loans To Chinese Enterprises
Bank of China told local media that by the end of January its outstanding loans stood at nearly CNY1.6 trillion compared to CNY87.29 billion
Marked Drop In Business At East China Fair
Despite hopes for economic recovery, China's exporters failed to get much encouragement from the recent East China Trade Fair in Shanghai with the number
Hitachi Plans To Downsize China Workforce
Japanese television maker Hitachi may reduce its TV business on the Chinese mainland and cut up to 2,000 employees.