Approvals halted for new nuclear plants

2011-03-17 09:23:55

China will suspend approval of new nuclear power stations and assess all nuclear projects, including those under construction, in the wake of the Japan crisis, the State Council said on Wednesday.

Minmetals to plunge into deep-sea mining

2011-03-17 09:17:41

China Minmetals, the country's largest metals trader, said it has carried out research and development (R&D) work into deep-sea mining exploration and exploitation, a move designed to meet the country's growing demand for minerals and metals.

China Mobile 2010 net profit up 3.9% at $18b

2011-03-16 17:26:46

China Mobile, the world's largest mobile network operator by subscribers, said Wednesday its net profit rose 3.9 percent last year to 119.64 billion yuan.

Qihoo 360 plans for US IPO

2011-03-16 10:23:03

In another example of a Chinese IT company taking a stab at an overseas listing, the Chinese security software provider Qihoo 360 Technology Co plans to raise up to $200 million through an initial public offering (IPO) in the United States.

Baidu in wrangle over copyright theft

2011-03-16 10:20:24

Baidu, China's search engine giant, was blamed Tuesday by Chinese writers for participating in copyright violations, since the website offers free online excerpts of unauthorized stories and books.

Property prices dip as measures bite

2011-03-16 10:15:36

Property prices in China's key cities have dipped as recent tightening measures begin to bite and as more real estate companies start offering discounts because of a gradual squeeze on cash flow.

China Economy by Numbers - February

2011-03-15 11:07:32

China Economy by Numbers - February

Chinese interests won't be harmed

2011-03-16 09:56:37

The turmoil in Libya will not affect Chinese oil firms' investment in Africa, and the decreasing asset valuation in the region may instead open up buying opportunities for domestic companies, Citigroup said on Tuesday.

Internet game users in China up 37% in 2010

2011-03-16 09:52:36

Internet game players in China exceeded 120 million in 2010, up 37 percent year on year, according to a report released on Tuesday by the Ministry of Culture.

Foreign exchange ceiling for individuals may be raised

2011-03-16 09:45:52

Chinese regulators denied on Tuesday that the country will significantly raise the annual amount of foreign exchange individuals are allowed to convert into yuan, as was previously reported in the local media.

FDI continues to be strong

2011-03-16 09:17:15

China's foreign direct investment (FDI) maintained its robust growth in February, driven by overseas investors' appetite for the planned industrial restructuring, which tops the agenda of the country's economic development over the next five years.