Energy aid is being misused, audit finds
2011-05-14 09:13:19
Some Chinese enterprises have misused or fraudulently acquired subsidies assigned by the central government to boost energy efficiency, the nation's top auditing office said on Friday.
CGNPG uranium subsidiary develops new mines
2011-05-14 09:04:58
The uranium subsidiary of China Guangdong Nuclear Power Group (CGNPG) said it is developing two large mines in China's Guangdong province and the Xinjiang Uygur autonomous region.
China's Little Sheep devoured by Yum!
2011-05-14 09:17:09
Yum! Brands Inc is set to acquire the Hong Kong-listed Mongolian hot pot brand Little Sheep Group Ltd at a 30 percent premium price of HK$6.5 (84 cents) a share.
Robot fever hits Shanghai
2011-05-13 16:28:14
More than 900 researchers on robotics around the world gathered in Shanghai Monday to share their recent findings at the 2011 IEEE International Conference on Robotics and Automation (ICRA 2011).
Alert system for imported consumer goods
2011-05-13 14:38:19
China will set up its own alert system to report dangerous consumer products imported into its market, a visiting Chinese official said here on Thursday.
More land opened up for affordable housing
2011-05-13 13:45:46
The supply of land for subsidized housing is increasing dramatically in 2011, the nation's land watchdog said.
Yahoo! still has hold on Alibaba
2011-05-13 10:41:08
Yahoo! Inc still has a considerable say over Alibaba Group Holding Ltd after the Chinese e-commerce giant ceded ownership of its online payment business, said analysts.
Goldman sets yuan fund with Beijing gov't
2011-05-13 10:17:00
The Beijing municipality signed an agreement on Thursday to invest in Goldman Sachs Group Inc's yuan-denominated private equity (PE) fund, which reportedly aims to raise 5 billion yuan ($770 million).
China's economy may cool by Q2, O'Neill says
2011-05-13 10:11:05
China's economic growth could slow to 8 percent, Goldman Sach's Jim O'Neill said on Thursday, as economic data and a drop in commodity prices point to Beijing ending its monetary tightening policy sometime this year.
NBS explaines 111 yuan housing data
2011-05-13 10:00:37
China's top statistics agency, the National Bureau of Statistics (NBS), offered an explanation on Thursday for a residential housing figure that confused the public.
CapitaLand to double investment in China
2011-05-13 09:50:14
The Singapore-based property developer CapitaLand Ltd will double its investment in China's commercial real estate and serviced apartments sectors within three to five years, despite the government's rigorous measures to cool the property market.