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Growing China, a huge market for Russia energy

2011-06-02 10:55:24

China's rapid economic growth creates a huge market for Russia's energy exports, said Chinese Vice Premier Wang Qishan on Wednesday.

China growth still robust: central bank

2011-06-02 10:02:33

The momentum of China's economic growth remains strong as the country rolls out policies to develop strategic emerging industries, accelerate the construction of low-income homes and encourage private investment.

Yahoo, Alibaba reach deal over Alipay

2011-06-01 16:35:59

Yahoo Inc has resolved a dispute with partner Alibaba Group over the Chinese company's transfer of its prized online payments unit to its CEO Jack Ma, two sources close to the matter said.

Plan to write off local debt may boost banks

2011-06-02 08:18:00

China's top banks are expected to receive a short-term boost from a plan to have Beijing write off local government debt. However, the move highlights concerns looming over the future impact of the country's lending spree.

China to increase energy imports

2011-06-02 08:00:12

China will tackle an impending power shortfall by increasing energy imports, said the country's top economic planner, on Wednesday.

Manufacturing slows amid credit squeeze

2011-06-02 07:27:13

The purchasing managers' index (PMI), a key gauge of manufacturing activity, hit a nine-month low in May, sparking fears that ongoing monetary tightening measures may slow economic growth.

China, Russia energy talks tackle disputes

2011-06-01 08:04:37

Vice-Premier Wang Qishan on Tuesday attended the seventh round of energy talks between China and Russia in Moscow, held in a bid to resolve price disputes between energy companies from the two countries.

China's economic surge could boost Japan 

2011-06-01 08:03:05

China's rapid economic growth and increasing domestic demand are stimulating imports from Japan, according to the Chinese Academy of Social Sciences.

Imported iron ore stocks fall on weak demand

2011-05-31 19:28:27

Inventories of iron ore at 25 of China's major sea ports rose by 610,000 metric tons to hit a total of 93.07 million metric tons on May 30, according to the Xinhua-China Iron Ore Price Index released on Tuesday.

China Southern to buy six Boeing cargo planes

2011-05-31 19:09:19

China Southern, the country's largest airline, said Tuesday that it would purchase six Boeing B777F cargo planes.

China makes world's largest crawler crane

2011-05-31 16:28:43

A massive crawler crane rolled off the production line of China's largest machine manufacturer, Sany Group, on Tuesday in Jiangsu province, marking a major step forward for the Chinese manufacturing industry.

Probe into alleged graft at telcos

2011-05-31 08:00:26

Chinese authorities have launched a large-scale investigation into the country's three largest State-owned telecom carriers on suspicion of corruption.