China holds $1.16 trillion of US debt
2011-03-02 11:21:25
China, the largest creditor of the United States, increased its holdings of US debt to a record $1.175 trillion in October, according to revised data issued by the Treasury.
Minmetals to buy more assets
2011-03-02 10:04:20
China Minmetals Corp, one of the country's top mining companies, is planning to expand its ferrous resources tenfold during the next five years, to supply the rising demand for raw materials, a company executive said.
China bans two food additives in flour
2011-03-02 10:02:08
Chinese authorities have banned the production of two food additives commonly used to "bleach" flour, said the Ministry of Health Tuesday.
HSBC plans to expand in Chinese mainland
2011-03-02 10:00:34
HSBC, Europe's biggest lender, is set to continue its expansion on Chinese mainland and will set up 15 new outlets in cities and three rural outlets this year, a senior executive said on Tuesday.
Home price growth slowed in February
2011-03-02 09:57:29
China's home prices rose 0.5 percent in February, the slowest monthly gain since August, after the government increased efforts to curb risks of asset bubbles, said SouFun Holdings Ltd.
Wealthy economies must promote growth
2011-03-02 09:52:58
Developed countries need to step up and invest heavily in the infrastructure and clean-energy sectors to offset the expected downturn in East Asia's economic engine, said World Bank Chief Economist Justin Yifu Lin.
Poly Real Estate reports 40% profit surge
2011-03-02 09:49:25
Poly Real Estate Group Co Ltd, China's second largest property developer by market value, said Tuesday in its annual report that its 2010 net profit soared 39.8 percent from one year earlier to 4.92 billion yuan ($748 million).
China's farm produce prices up: report
2011-03-02 09:12:49
In the week ending Feb 27, farm produce prices in China rose slightly compared to the previous week, the Ministry of Commerce (MOC) said in a report released on Tuesday.
South China firms on the rise
2011-03-02 09:05:57
A record 95 percent of businesses in South China said they are profitable or will be within two years, according to the latest annual survey conducted by the US Chamber of Commerce in South China.
CPI likely to drop in February: NDRC
2011-03-01 13:25:23
China's consumer price index (CPI) is likely to continue falling in February, Shanghai Securities News reported Tuesday, citing director of the National Development and Reform Commission.
Alibaba scandal may help rivals' business
2011-03-01 10:48:23
Alibaba.com Ltd, owner of China's largest online-commerce site, has been the go-to marketplace for Western companies seeking gaskets, garden gnomes and gelatin. Disclosures that its salespeople helped defraud buyers may send business to rivals Google Inc and Global Sources Ltd.
Inflation may peak in second quarter
2011-03-01 10:18:52
China's annual consumer price index (CPI) may reach 4.5 percent in the first quarter and peak this year in the second quarter, the official Shanghai Securities News reported on Monday quoting a research report.
CPI likely to drop in February: NDRC