Guangzhou's municipal government is planning to launch its own Uber-like online taxi hire service, only weeks after police closed the Uber office. The FT reports.
Gross domestic product expanded an annualized 2.6 percent from the year before, topping the advance estimate of 2.1 percent.
The Australian government may allow foreign airlines to operate domestic routes, reports the Wall Street Journal.
A China infrastructure tycoon who is suing local governments for failing to pay bills said he reached settlement deals. The FT reports.
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The lackluster impact from recent economic stimulus suggests that China's "structural problems are getting more intense," says Richard Jerram, chief economist at Bank of Singapore.
Tom Albanese, CEO of Vedanta Resources, explains why the metals and mining conglomerate hopes to resume iron ore mining in the province of Goa.
Speculation about Chinese investments in Fortescue Metals reinforces the fact that the iron ore sector remains "very strategic," says Tom Albanese, CEO of Vedanta Resources.