Asian art market sizzles
2011-04-04 10:25:15
The number of buyers from China who purchased objects worth $500,000 or above from Sotheby's increased by almost 400 percent between 2004 and 2009, Ching says.
China's March CPI rise may exceed 5%
2011-04-02 16:22:19
China's consumer prices are expected to rise more than five percent in March on a lower comparison basis from a year ago and imported inflation, economists have said.
China urges coal firms to control prices
2011-04-02 14:31:59
China's state planning agency has called on regions and enterprises to adopt "effective measures" to keep coal prices stable as its power utilities struggle with rising costs and the government wrestles with inflation.
Online post reveals taxpayers' anxiety
2011-04-02 14:18:22
An online posting illustrating a wealthy man going broke after paying taxes and insurance has gone viral in China and sparked a public debate on the issue.
16 suspects charged in pork scandal
2011-04-02 13:33:43
China's top prosecution body has filed charges of breach of duty against 16 government officials implicated in a tainted pork scandal, while the alleged misdeeds of another 41 are still being probed.
BOC HK cuts yuan deposit interest rate
2011-04-02 10:34:02
Bank of China (BOC) Hong Kong Ltd has cut its interest rate for yuan deposits in Hong Kong. That's after money held in accounts rose to a record in February, reflecting increased demand for trade and investment in the currency.
China's 360buy raises $1.5b
2011-04-02 10:07:20
China's largest business-to-consumer website 360buy.com said on Friday it has raised a whopping $1.5 billion from a diverse group of investors in its latest round of financing, in preparation for an initial public offering in 2013.
High-speed rail cuts into airlines' success
2011-04-02 09:48:51
The advantages of China's high-speed railways are becoming clear since they forced air authorities to suspend flight services between two major cities.
Poverty group to grow with definition change
2011-04-02 09:36:22
The number of Chinese living in poverty is expected to reach 100 million if the country decides to consider people who earn up to 1,500 yuan ($229) a year as being poor, a senior poverty alleviation official said.
PMI rise indicates more growth
2011-04-02 09:28:04
The official increase was shadowed by a PMI report from HSBC released on Friday. The figures indicate that the world's second-largest economy may continue to expand at a rapid pace this year, and avoid the risk of a "hard landing", analysts said.
Zijin Mining eyes M&As abroad
2011-04-02 09:26:00
The Chinese gold and copper miner Zijin Mining Group Co Ltd has not lost interest in the Australian miner Indophil Resources NL and is closely watching takeover developments, the company said on Friday.
Shanghai launches prosperity index
2011-04-02 09:15:40
Shanghai on Friday signed an agreement to launch the city's first financial prosperity index. The agreement underscores the city's determination to become an international financial center by reflecting the development of, and problems with, its financial sector.