Investors get picky about rare, exotic teas
2011-03-28 09:30:47
Rare and exotic teas are fast developing into investment opportunities with the marketing potential that French vintage wines have possessed for decades.
CCB profits rise 26% in 2010
2011-03-28 09:28:00
China Construction Bank (CCB), the country's second largest lender by market value, said Sunday that its net profits rose 26.39 percent year on year to 135 billion yuan ($20.45 billion) last year.
Dairy products crackdown
2011-03-28 09:18:11
At least 20 percent of domestic companies will be kicked out of the dairy market at the end of this month following the latest inspection by the central government of China's fresh milk and infant formula producers, official sources revealed.
PICC P&C says profit tripled in 2010
2011-03-26 12:46:53
China's largest general, non-life insurer, PICC Property and Casualty Company Limited (PICC P&C), said Friday its 2010 net profit tripled from a year ago in an expanding market network.
China Dongfeng Automobile net profit up 79%
2011-03-26 11:40:11
China's Dongfeng Automobile, the listed arm of Dongfeng Motor Company, said Saturday its net profit in 2010 surged 79.54 percent year on year on robust auto sales.
Cities lag in setting home-price targets
2011-03-26 11:13:29
Nearly 95 percent of cities and regions in China have not released their 2011 targets for housing-price control as of Friday, a week from the deadline.
UnionPay network works well: chairman
2011-03-26 11:11:31
China doesn't need another interbank network for credit cards, said the board chairman of China UnionPay Co Ltd - the country's only credit card network - in response to an anti-monopoly request from the United States to the World Trade Organization (WTO).
Zinc exports to Japan may rise
2011-03-26 10:38:14
Zinc exports from China, the biggest producer and consumer, to Japan may gain after the earthquake on March 11 disrupted smelter production, said an executive at Shanghai Eagle-Metals Co.
Icewine is a drink coming in from the cold
2011-03-26 10:02:36
China is expected to become the sixth largest global wine importer by 2013 at the latest, said Wu Jianhua, the secretary-general of the Shanghai Drinks Association.
Developers make changes to beat tightening policy
2011-03-26 09:36:18
China's property developers are diversifying their business lines, exploring different market segments and expanding to lower-tier cities to deal with the nation's rigorous real estate tightening policies, industry insiders said on Friday.
Cities lag in setting home-price targets
China orders ban on imports of some Japanese food
2011-03-26 09:35:00
China's top quality watchdog said Friday that it has ordered a ban on imports of some food and agricultural produce from Japan amid concerns of radiation contamination.
CNNC: Nuclear power still valid
2011-03-26 09:19:45
Japan's nuclear crisis should not derail China's plan to develop the nuclear power industry, said the head of research at China National Nuclear Corp (CNNC), the country's largest nuclear plant operator, on Friday.