Tightening measures hurt foreign investors

2011-02-25 09:32:26

China's latest round of measures to curb property price growth has had a negative effect on foreign institutional investors, industry experts said on Thursday.

CISA urges stockpiles of iron ore reserves

2011-02-25 09:21:27

China's steel lobby, the China Iron and Steel Association, on Thursday urged the country to build strategic resources stockpiles by using the foreign exchange reserves.

CISA announces suspension of iron ore talks

2011-02-24 17:39:41

As BHP Billiton Ltd changed the quarterly pricing of iron ore to monthly, the annual iron ore price talks would be "unnecessary", Luo Bingsheng, former vice-chairman of the China Iron & Steel Association (CISA) said.

Individual tourists to be allowed to visit island

2011-02-24 13:22:43

Travel agencies and tourists on the Chinese mainland have hailed a new move to allow individual tourists from pilot cities to travel to Taiwan from the second quarter this year.

Volvo plans Chengdu assembly plant

2011-02-24 11:10:21

Volvo Cars Corporation, the automaker acquired by Zhejiang Geely Holding Group Co last year, will build its first Chinese assembly plant in the city of Chengdu, a person with direct knowledge of the plan said.

China and India to set M&A pace

2011-02-24 11:09:05

China and India will lead mergers and acquisitions (M&A) in metals and mining in 2011 after global deals rose 89 percent last year.

Chinese tourists named top shoppers

2011-02-24 10:56:47

On average, outbound travelers from the Chinese mainland spent 744 euros on tax-free shopping transactions last year, doubling the Russian's 368 euros.

Shanghai hopes to become int'l tourism hub

2011-02-24 10:42:22

Shanghai, China's financial and business center, plans to build itself into an international tourism destination and is setting the goal of increasing revenue from tourism by 70 percent within five years.

China to account for 8-9% of global M&A deals: JPMorgan

2011-02-24 10:08:27

China should account for 8 to 9 percent of global mergers and acquisition (M&A)activity this year, continuing close to its strong levels in 2009 and 2010, according to the head of JPMorgan's China M&A unit, Brian Gu on Tuesday.

Hainan to boost growth with IPOs

2011-02-24 10:24:57

China plans to boost the economy of the southern island of Hainan by encouraging local companies to raise funds in the capital market and develop the province into an international tourist resort.

Private investors get bigger role

2011-02-24 09:40:53

China aims to widen the channels for private capital to tap the country's banking sector and to encourage private investors to play a bigger role in rural financial institutions, the China Banking Regulatory Commission (CBRC) said on Wednesday.

BAIC buys assets of Swedish transmission plant

2011-02-24 10:23:10

China's Beijing Automotive Industry Holding Co (BAIC) announced Wednesday that it had purchased all equipment and technologies from a Swedish transmission plant for 31 million euros ($42.5 million).