Chinese Mobile phone startup rumored to shut down despite massive cash injectionChinese Mobile phone startup rumored to shut down despite massive cash injectionSmartisan, China’s high-profile mobile phone startup founded by Luo Yonghao, known as an Internet celebrity and marketing genius, is rumored to dissolve its Chengdu headquarters, which reportedly received an investment of 600 million yuan from a local state-owned company one year ago.

China's CPI growth slows to 1.8% in JulyChina's CPI growth slows to 1.8% in JulyChina's consumer inflation eased to its lowest rate in two and a half years in July, giving the government more leeway to loosen credit t…

China's 1st village-run airline open for businessChina's 1st village-run airline open for businessJiangsu Huaxi General Aviation Co Ltd, China's first village-run airline, got its operation certificate from the Civil Aviation Administr…

Warning issued about high debtWarning issued about high debtChina's corporate debt ratios have reached "dangerous" levels, according to leading economists.

Employee stock ownership plan raises concerns in ChinaEmployee stock ownership plan raises concerns in ChinaA new regulation aimed at facilitating the formation of employee stock ownership plans (ESOP) has received mixed reviews from experts.

Wind power being wastedWind power being wastedAbout 16 percent of the electricity generated by wind farms in northern China went unused in 2011, causing a loss of 6.6 billion yuan ($1…

New standard for children's furnitureNew standard for children's furniture Starting in August, China will implement the General Technical Requirements for Children's Furniture, which will apply to children from…

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Rhythm Media Group is a multi-media company, operating a US-based Chinese daily newspaper, The China Press, and the paper's website - (which has mobile-app version), as well as a Beijing-based English website The group boasts 15 branch offices across the US, and a number of cultural centers focusing on culture-related business in the North America, Chinese mainland, Hong Kong and Taiwan.

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