SCA attracted by China's graying population
2011-05-21 09:59:19
The Swedish manufacturer of hygiene products Svenska Cellulosa Aktiebolaget (SCA) has opened a new innovation center in Shanghai to expand its penetration in China's fast-growing market for products for an aging population.
Lending curbs hit nation's property developers
2011-05-21 09:58:49
China's developers are paying as much as 25 percent to borrow from private trust companies. That's as property firms avoid lending curbs intended to control inflation and cut the risk of corporate default.
Companies abused benefits
2011-05-21 09:21:44
A number of State-owned enterprises have been illegally using their employee's benefit funds, the National Audit Office said.
Yuan may be fully convertible in '3-5 yrs'
2011-05-21 09:17:15
A senior economist has said China could achieve full convertibility of the yuan in three to five years - much sooner than previous forecasts.
Apple dicusses CDMA iPhone
2011-05-21 09:16:04
China Telecom Corp said it is in talks with Apple Inc to offer a CDMA version of the iPhone in the world's largest mobile-phone market by users.
Facebook plans to keep in touch
2011-05-21 09:15:12
Facebook CEO Mark Zuckerberg is planning a second visit to China, as the world's No 1 social networking company looks for the best way to expand into the country.
China to open RMB FDI
2011-05-20 15:06:32
China is mulling policies to allow foreign institutions to invest directly in renminbi in China, China Business News reported on Friday.
Beijing likely to start property tax reform in 2011
2011-05-20 13:50:17
Beijing is likely to begin property tax reforms as soon as the second half of 2011, China Securities Journal reported on Friday.
Morgan Stanley to launch yuan-based PE fund
2011-05-20 13:55:30
Morgan Stanley aims to raise 1.5 billion yuan ($230 million) in its first yuan-denominated private equity fund in China.
Severe challenges for China's SMEs
2011-05-20 11:22:44
China's small and medium-sized enterprises (SMEs) are facing staggering operational challenges as they are hit by increasing production costs and tight monetary policies, said officials and economists on Thursday.
IMF should better reflect emerging markets
2011-05-20 10:47:11
China's central bank governor on Thursday said the high-level leadership structure of the International Monetary Fund (IMF) should better reflect the changes in the global economic layout and emerging markets.
China's high saving rate risks overheating
2011-05-20 11:11:21
China's high saving rate may lead to high investment, which could in turn trigger overheating and overcapacity in some fields, or even asset bubbles, said Zhou Xiaochuan, governor of the People's Bank of China.