China to spend $1.3t on new rail, road infrastructure

2011-02-19 11:00:53

China plans to spend at least $1.3 trillion over the next five years to ease transport and freight bottlenecks, creating a windfall for companies such as Daqin Railway Co and Anhui Expressway Co.

Slowing car sales to hit automakers

2011-02-19 10:32:29

Automakers in China shipped 16.2 percent more cars to dealers in January as they moved aggressively to replenish inventories that were nearly depleted after explosive sales in December.

Rising yuan will not solve US economic woes

2011-02-19 10:31:51

The G20 is aiming to root out the causes of the global financial crisis, rather than a series of discussions which single out the economic policies of any specific country, said French Finance Minister Christine Lagarde at the meeting of finance ministers.

Overseas talent losing pay edge

2011-02-19 10:01:17

As the salaries earned by Chinese residents continue to gain ground on the pay granted to workers recruited from elsewhere, mainland employers are becoming more open to hiring overseas talent, a recent survey showed.

Ministry cracks down on counterfeit exports

2011-02-19 09:39:33

China's Ministry of Commerce said on Friday that eight major exporting regions have been ordered to set out specific plans to crack down on the export of pirated and counterfeit products to African nations.

China irked by unfair treatment

2011-02-19 09:36:33

Political resistance in the United States to Huawei's latest effort to acquire technology assets from a US company is another instance of intentional efforts to block Chinese investment in advanced technology, according to experts.

Project to tackle heavy-metal pollution

2011-02-19 09:22:39

A long-awaited project to tackle heavy-metal pollution has been approved by the State Council as part of the 12th Five-Year Plan (2011-2015).

Property prices rise in cities surveyed

2011-02-19 09:20:40

The National Bureau of Statistics (NBS) said 68 out of 70 tracked cities reported higher prices for new homes in January from a year earlier but the market is likely to slow down, analysts said.

Bank reserve requirements raised

2011-02-19 09:11:28

Banks' required reserves were raised by 50 basis points on Friday and further interest rate rises to tackle inflation were not ruled out by Zhou Xiaochuan, governor of the People's Bank of China.

Volvo to make cars in southwestern China: report

2011-02-18 14:55:32

Swedish carmaker Volvo, owned by Zhejiang Geely Holding Group, has finalised its decision to make Volvo cars in southwestern China, two people with knowledge of the matter said on Friday.

China Economy by Numbers - January

2011-02-18 14:27:51

Major data about China's economy in the first month has been released.

Shanghai exchange in pact with Brazil bourse

2011-02-18 14:22:01

The Shanghai Stock Exchange and BM&FBovespa SA, the operator of Latin America's biggest securities exchange, will sign an agreement that may lead to cross-listings of stocks, the Financial Times (FT) reported, citing an unidentified official with the Sao Paulo-based company.