shanghai

What if they built a consumer economy and nobody came? That's the conundrum China is facing after constructing far more housing and retail space than its population can support. Check out these images from some of its massive -- and eerily empty -- shopping centers.

In China, we know one blonde who isn't having more fun. Barbie, the quintessential American doll, packed her perfectly accessorized bags after her Shanghai flagship store closed. It was the world's second Barbie store, but it dwarfed the scale of the first, established in Buenos Aires. The 35,000...

Asian markets plunged Thursday. In China the Shanghai Composite Index tumbled 2.9% to 2,678 and in Hong Kong the Hang Seng Index fell 1.7% to 24,004. Japan's Nikkei 225 Index lost 1.1% to end the day at 10,437.

Shanghai is planning a long-awaited Disney theme park expected to cost $3.6 billion. Plans call for a 1.5-square-mile park on an 8-square-mile resort. But will attendance be able to beat the lackluster performance at Disney's Hong Kong park?

Agricultural Bank of China, the last of China's four big banks to go public, is on track to rake in more than $19 billion when it debuts on the Shanghai stocks markets July 15 and in Hong Kong a day later, according to reports. The offering could go as high as $22 billion, making it the largest...

China's newest university isn't going to be churning out engineers, scientists and doctors. Instead it aims at producing the next generation of managers -- for McDonald's The Hamburger University, a venture of fast food giant McDonald's, opened its doors yesterday in Shanghai. The 250 million-yuan...

After sagging in the global financial meltdown of 2008, property values in China's urban centers skyrocketed in 2009. Some economists believe Chinese real estate is now experiencing a bubble, and when that bubble pops, it could threaten the global economic recovery.

With profits down 19 percent in its theme parks, the Walt Disney Company (DIS) needs to expand internationally in order to grow in these tough economic times. So where is it looking? Shanghai, China will be the next location for a Disney-style theme park. If built to full capacity, the new park...

Markets across Asia closed higher Friday. Refreshed after an eight-day Golden Week holiday, Chinese investors drove the Shanghai Composite up 4.8 percent with the index ending the day at 2,912. In Japan, the Nikkei Index rose 1.9 percent to close at 10,016, and in Hong Kong the Hang Seng Index...

China stocks dropped Wednesday for the first time in four days, with the Shanghai Composite Index falling 1.1 percent to close at 2,999.7 -- hovering at the 3,000 mark that many technical analysts view as a key point of resistance for the recovering market. Brokerages led the slide as the number...