US official courts FDI from China
2011-11-16 09:13:48
Despite their previous frustrations, Chinese investors will find that the doors remain open for them in the United States, and there is potential in private sectors and the IT industry, a senior US financial official said.
Green sector to add millions of jobs
2011-11-16 08:02:20
Greening China's heavily polluting and energy-consuming industries will cause short-term losses but bring huge economic and social benefits in the long run, says a leading environmental think tank.
Railway investment falls amid debt pressure
2011-11-15 17:19:50
China's railway investment in the first 10 months of this year fell sharply, as the Ministry of Railways (MOR) is facing mounting pressure to pay off creditors.
Pork prices fall 8.2 % since mid-Sept
2011-11-15 17:13:01
China's farm produce prices continued to fall last week, with pork prices 1.9 percent lower than a week earlier and down 8.2 percent cumulatively since mid-September, the Ministry of Commerce said Tuesday.
Shanghai starts issuing local govt bonds
2011-11-15 15:49:14
Shanghai publicized the bids for China's first ever local government bonds on Tuesday amid high subscription demand as part of the country's pilot project aimed at curbing the debt risks of cash-strapped local governments.
Huawei to buy Symantec stake in JV
2011-11-15 14:42:23
Chinese telecom company Huawei Technologies Co said Tuesday it will pay $530 million for full ownership of the company's current joint venture with US computer software security firm Symantec.
Brokerages' profits drop sharply
2011-11-15 10:12:44
A sharp decline in third-quarter profits, due to sluggish markets, has forced brokers to take stock as a third of listed securities companies reported losses for the year.
Sinopec plans restructuring, units set to list
2011-11-15 10:12:44
China's Sinopec Group, the parent of top Asian refiner Sinopec Corp, plans to restructure its downstream engineering and construction units before listing them in a public stock offering, industry officials said.
Group-buy offers fake: McDonald's
2011-11-15 10:12:44
McDonald's confirmed that it has not signed any deals with group-purchase companies, despite its discovery that discounts for its products were sold on one of China's most popular group-buying websites.
IMF: China's financial system stable
2011-11-15 13:37:15
The International Monetary Fund (IMF) said on Tuesday that China's financial system is stable and sound.
IMF report "generally objective": PBOC
Drug firms face monopoly fines
2011-11-15 10:12:44
The National Development and Reform Commission (NDRC) said it would impose large fines on two domestic drug companies for monopoly pricing, the first heavy anti-monopoly penalty in China.
CCB: BofA holding cut won't affect development
2011-11-15 13:19:57
A China Construction Bank (CCB) spokesman said Tuesday that Bank of America decided to sell most of its CCB shares "for its own reasons," and the sales will not affect CCB's development.