Beijing office rents yet to rival NY

2012-02-09 09:11:59

The top-tier office rents in Beijing rose sharply last year but were still not high enough to rival those in New York, the global real estate services firm DTZ said.

China's CPI rises 4.5% in Jan

2012-02-09 09:56:01

China's consumer price index (CPI), a main gauge of inflation, rose 4.5 percent year-on-year in January, the National Bureau of Statistics said Thursday.

China's auto exports hit record high in 2011

2012-02-09 09:10:32

China's auto exports hit 849,000 units last year, the highest level seen since the onset of the global financial crisis.

China raises asoline and diesel prices

2012-02-08 09:10:41

China raised the ceiling for retail gasoline and diesel prices for the first time this year on Wednesday in tandem with international crude oil hikes.

China's stocks surge over 2% Wednesday

2012-02-08 15:43:44

China's stocks surged over 2 percent on Wednesday driven largely by oil shares after the country's top economic planner raised the retail prices for gasoline and diesel on Tuesday.

Poly home sales slump 69% in Jan

2012-02-08 15:43:00

Poly Real Estate Group, China's second largest property developer by market value, said Wednesday that its home sales fell 69.35 percent year-on-year to 1.51 billion yuan ($239.68 million) in January.

China cuts Japanese debt holding

2012-02-08 15:31:48

China in 2011 sold a net 4.0188 trillion yen ($52.22 billion) of Japanese short-term debt that matures within one year, much larger than the 430.4 billion yen net selling in the previous year.

China releases plan to create 45m jobs

2012-02-08 14:28:54

China's State Council, or Cabinet, on Wednesday issued a plan to boost employment during the 2011-15 period, which aims to create 45 million jobs and keep the registered urban unemployment rate within 5 percent.

Inland companies struggle to retain workers

2012-02-08 10:34:40

A furious battle for manpower has erupted in China as manufacturers shift production westward from increasingly expensive coastal areas to less-developed inland provinces.

SMEs to get 3b yuan a year from govt support

2012-02-08 08:06:08

Small and medium-sized enterprises are unlikely to close on a large scale this year, and they will receive 3 billion yuan ($475.6 million) annually in central government support for the next five years.

CIC, Sinopec among investors in oil sands IPO

2012-02-08 10:14:09

Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, Reuters reported, citing a source with direct knowledge of the matter.

Chinese firms urged to assess risks overseas

2012-02-08 09:59:33

Senior management from some leading Chinese overseas companies believe the companies should better assess risks of operating in a foreign country and adopt multi-dimensional approaches to avert or mitigate such risks.