(2/5)China's small and medium enterprises account for almost 90% of all companies in the country, 60% of the GDP, 80% of the employment, and most of the business innovation. But when it comes to crucial business development loans, they get only 20% of the cash -展开全文 原微博
FT:China’s smaller banks are planning more than Rmb100bn in equity sales as they look to shore up their capital bases to cope with regulatory changes and expected rise in bad loans. But much more will come as many city-level banks are waiting for the opportunity to raise funds.展开全文 原微博
WSJ:Alibaba Group Holding Ltd. is in talks with the Hong Kong Stock Exchange to come up with an ownership structure that would allow the Chinese e-commerce company to list its shares while enabling founder Jack Ma and his management team to maintain control.展开全文 原微博
WSJ:Chinese search giant Baidu,which reported a rare 4.5% fall in its second-quarter net profit, will continue to invest aggressively as it tries to tap into the country's vast pool of smartphone users.Baidu has attracted a large number of new advertising customers recently.展开全文 原微博
Reuters:A U.S. citizen has been detained in China in connection with probes sparked by an unfolding corruption scandal in drugs industry,as China widens the range of international firms and staff under the spotlight. 39 hospital staff would be punished for taking bribes.展开全文 原微博
Financial Times:Local government authorities in the southern Chinese city of Heshan on Saturday cancelled plans to build the country's largest uranium processing plant, a day after hundreds of people had demonstrated demanding the $6bn project be scrapped.展开全文 原微博
Reuters: China's factory activity shrank for a second straight month in June and reached its lowest in nine months as new orders fell despite price cuts by producers, a private survey showed on Monday, reinforcing signs of economic slowdown in the second quarter.展开全文 原微博
Reuters: The HSBC/Markit PMI for May fell to 49.2, the lowest level since October 2012 and down from April's final reading of 50.4. This downward revision suggests a marginal weakening of manufacturing activities, thanks to deteriorating domestic demand conditions.展开全文 原微博
Forbes: Luxury products have become an important niche in the booming China consumer story. And as part of the country’s tax reform plans this year, they could get hit with the first ever luxury tax. The guidelines for tax reforms were published on Friday.展开全文 原微博
