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Huge investment fraud ring smashed Beijing police have busted a major fraud ring accused of using E Rent Treasure, an online financial platform.
Foxconn chairman says confident of taking control of Sharp Foxconn Technology Group Chairman Terry Gou is confident his company will win in its bid to take control of Sharp Corp.
More than 10 million trips are expected to be made by train on Saturday, a record daily level during the Spring Festival travel rush, or "Chunyun".
China's box office totaled 3 billion yuan (461 million U.S. dollars) during the six days of the Spring Festival holiday, the highest compared with previous holidays.
Chinese consumers spent 1.2 trillion yuan (184 billion U.S. dollars) overseas last year, with over 60 percent going to luxury goods.
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