New turn in Saab quest for survival
2011-11-07 14:21:50
Domestic auto distributor Pang Da Automobile Trade Co Ltd and automaker China Youngman Automobile Group Co Ltd have joined in a bid to acquire the failed Swedish carmaker Saab Automobile AB for 100 million euros ($138 million).
Macro-policy fine-tuning underway
2011-11-07 14:15:30
Analysts say that China will selectively ease its tightening policies in the coming months to bolster its economic growth, which has shown signs of slowdown due partly to weak overseas market demand.
Cotton producer faces inventory pressures
2011-11-07 14:00:27
China's major cotton production base in the far western region is expected to have a good harvest this year, but the lack of processing facilities and smooth transportation is increasing inventory pressures.
Appetite for home delivery meals rises
2011-11-07 13:50:46
Demand for online Chinese meal ordering and delivery services has increased in recent years in mega cities such as Beijing and Shanghai but experts say companies need to improve service quality to attract more customers.
Domestic toy market perks up
2011-11-07 13:50:01
Chinese toy exporters are coming to a turning point where domestic growth is starting to outpace that of overseas orders.
Healthy outlook for medical tourists
2011-11-07 13:45:36
Healthcare services overseas are attracting increasing numbers of Chinese customers who are willing to pay top dollar for quality and privacy, according to industry insiders.
China's trade surplus rebounds to $24b in Oct
2011-11-07 13:45:58
China's trade surplus will rebound to $23.89 billion in October after falling for two consecutive months, the First Financial Daily reported Monday.
China's Oct CPI to ease to 5.5%
2011-11-07 13:45:18
China's consumer price index (CPI), a main gauge of inflation, will ease for a third consecutive month in October, economists said.
China mulls special fund to boost arts
2011-11-07 11:10:56
China is considering to set up a special fund to finance arts creation and cultural performances in the latest move to buoy the development of the country's "soft power".
Wenzhou credit crisis eases up
2011-11-07 10:09:22
Wenzhou's credit crisis is under control and some of its closed enterprises have recovered operation. The city government promised to introduce more measures to improve the financial situation in Wenzhou a month after Premier Wen's visit.
Offshore oil rules may be overhauled
2011-11-07 10:03:50
The government may revise regulations covering joint offshore oil exploration with foreign companies following a spill off the northeastern coast at a field operated by ConocoPhillips China, sources said.
China to inject $158b into money market
2011-11-07 09:56:55
China is likely to inject more than 1 trillion yuan ($158 billion) into the money market in the next two months via annual subsidies from the Ministry of Finance, Reuters reported, citing the China Securities Journal.