Conditions mature for int'l board: Official
2011-05-18 13:06:45
The conditions for China to create its own international board are nearly mature, the China Securities Journal cited a securities official as saying on Wednesday.
CIC eyes security of raw materials
2011-05-18 11:04:22
The managing director of China Investment Corp (CIC), the nation's sovereign wealth fund, is moving to Canada to bolster the company's attempts at investing in natural resources, according to a company official with direct knowledge of the matter.
HSBC extends network in China with more staff
2011-05-18 10:45:41
HSBC Holdings PLC, Europe's biggest lender, aims to add at least 500 employees in the Chinese mainland annually as it further extends its network, said a senior executive on Tuesday.
Booming car rentals lack regulations
2011-05-18 10:29:16
Demand for car rental services rose strongly during China's three-day Labor Day holiday, indicating great potential for leasing in the world's second-largest economy. However, experts are calling for an improved legal framework to better govern the booming sector.
Egyptian uncertainty hits commerce
2011-05-18 10:18:31
China's investment in, and exports to, Egypt will probably decline sharply this year.
EU now China's top import source
2011-05-18 10:02:17
The European Union (EU) has replaced Japan as China's No 1 import source region based on trade figures in the first four months, China's Ministry of Commerce (MOC) announced on Tuesday.
China's farm produce prices up
2011-05-18 09:45:24
Prices for Chinese farm produce went up slightly, while prices for production materials declined, the Ministry of Commerce (MOC) said on Tuesday.
Baidu buys into 360buy.com
2011-05-18 09:29:57
Robin Li, founder and CEO of the search engine company Baidu Inc, has invested in 360buy.com, a company that started by selling computers, communication and electronics over the Internet.
Top 5 power firms suffer 10b yuan losses
2011-05-18 09:28:47
The China Electricity Council (CEC) on Tuesday said the nation's leading five power producers reported 10.57 billion yuan ($1.62 billion) of losses in their thermal power plants in the first four months of the year.
Well-known investor announces 'running-away'
2011-05-17 17:12:11
Wang Gongquan, a partner of CDH Investments, announced Monday via Sina micro blog that he plans to elope with Wang Qin.
Carlyle's presence to increase
2011-05-17 13:08:57
Carlyle Group, one of the world's largest private equity firms, has just closed a second round of fundraising for its Beijing yuan-denominated fund, which now totals 3.2 billion yuan ($492 million).
China plans 30gW offshore wind power by 2020
2011-05-17 11:15:47
China will expand its offshore wind power installed capacity to 5 gigawatts (gW) by 2015 and 30 gW by 2020, according to the Chinese Renewable Energy Industries Association (CREIA) on Monday in Beijing.