Chinese stocks drop Thursday for 5th day
2011-04-29 17:12:00
Shareholders look at computer screens on April 28, 2011, at a stock exchange in Buyang, Anhui province. China's main stock index fell for the fifth day in a row on Thursday amid vague market talks of a policy change ahead of a long weekend, pushing down property and cement issues.
Higher incomes lead to surging home prices
2011-04-29 16:24:34
Rising household incomes in China are contributing to the surge in housing prices, in addition to loose credit policies and the practice of local governments' fund raising through selling land, People's Daily reported Friday, quoting scholars.
Complaints jump against tourism industry
2011-04-29 14:15:16
The quality of China's tourism industry needs improvement as the sector has seen a sharp increase in complaints, the Chinese Academy of Social Sciences warned on Wednesday.
HK's first yuan-denominated stock falls
2011-04-29 11:20:02
Shares of Hong Kong's first Renminbi-denominated IPO Hui Xian real estate investment trust opened 7.8 percent lower than its initial public offering price of 5.24 yuan (81 cents) on its first trading day in Hong Kong Friday.
China to promote private businesses
2011-04-29 11:16:37
The State Council, or China's cabinet, released new regulations on Thursday that will benefit the country's privately-owned businesses in an effort to further promote their role in boosting economic growth and employment.
White iPhone 4 flies off shelves in China
2011-04-29 10:59:37
The launch of Apple's iPhone 4 in a white casing generated a long line of Chinese customers outside the company's stores in Beijing on Thursday.
Fed's QE2 announcement eases concerns
2011-04-29 09:11:11
The United States Federal Reserve's announcement that it will end its second round of quantitative easing, known as QE2, on schedule in June has eased concerns over further growth of excess liquidity in the global economy, analysts said on Thursday.
RMB fund planned to aid Latin America
2011-04-29 09:32:02
The Export-Import Bank of China (China Eximbank), a major policy bank, will formally launch a yuan-denominated sovereign fund before the end of this year to invest in Latin America, a senior executive said on Thursday.
China, Malaysia in '$3b pact boost'
2011-04-29 09:31:08
China and Malaysia signed eight cooperation contracts on Thursday as visiting Premier Wen Jiabao and his counterpart Prime Minister Najib Razak vowed to upgrade already successful commercial ties. China is Malaysia's top trading partner.
NDRC exposes cases of fraudulent pricing
2011-04-28 16:58:56
China's top price regulator urged business trading companies nationwide to examine and redress fraudulent pricing behaviors while making public several companies involved in such wrongdoing on Thursday.
China shares fall to 2-month low
2011-04-28 16:48:26
China's main stock index fell for the fifth day in a row on Thursday amid vague market talks of a policy change ahead of a long weekend, pushing down property and cement issues.