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Home prices slide again in October

2011-11-02 09:31:14

Home prices in major Chinese cities fell for a second month in October, with more developers cutting prices as government property curbs crimped their cash flow.

Shanghai to lure more financial pros

2011-11-02 11:27:18

Shanghai plans to increase the number of financial professionals by about 40 percent in the next five years, the city's latest attempt to turn into an international financial hub.

Solar PV firms say US dumping petition harmful

2011-11-02 11:04:56

A petition by US solar energy companies that alleges dumping by their Chinese competitors will harm both the US and Chinese photovoltaic (PV) solar cell industries and worsen unemployment in the US, an industry official said.

Sugar imports head for record

2011-11-02 10:50:46

China's imports of sugar will hit a record high of more than 2 million tons this year, as domestic production fails to keep pace with growing demand, an industry official said.

Firms boost overseas office rentals

2011-11-02 09:56:01

As Chinese companies embark on a wave of overseas expansion, managers of office buildings overseas are seeing an increasing number of business opportunities amid a faltering economic recovery and are flying to China to seek potential Chinese tenants.

Farm produce prices fall for third week

2011-11-02 09:53:57

Farm produce prices in China continued to fall for a third week, according to a report released by the Ministry of Commerce on Tuesday.

BASIC countries reach Kyoto consensus

2011-11-02 09:22:38

Climate-change ministers from the BASIC countries have reached a consensus on a range of issues - including the Second Commitment Period of the Kyoto Protocol - a month in advance of a conference in Durban, South Africa.

China implements tax cuts to support small firms

2011-11-02 09:24:41

China carried out major tax cuts on Tuesday designed to benefit the nation's crisis-hit small and micro-sized firms -- including street vendors -- and also help curb inflation.

Imported iron ore prices fall

2011-11-02 09:22:26

China's steelmakers have been more cautious in importing iron ore following recent price declines, as the world's top buyer continued to build up inventories in the week ending Oct 31, according to the Xinhua-China Iron Ore Price Index released on Tuesday.

Key factory indicator falls in Oct

2011-11-02 09:05:02

A key domestic manufacturing index dropped to a 32-month low in October, igniting market speculation that tight monetary policy may be eased.

Gold price still on upward trend

2011-11-02 09:18:19

There is no bubble in the gold price and it is basically going up, possibly to surpass $2,000 per ounce in the near term, as fundamental demand for gold is strong while the supply is subdued, a mining veteran said.

CIC buys stake in GDF Suez

2011-11-01 13:17:20

The China Investment Corp (CIC), the country's sovereign wealth fund, on Monday signed an agreement to pay GDF Suez 2.3 billion euros ($3.2 billion) in exchange for a 30-percent stake in the French company's exploration and production division.