Financial support ready for drought-relief work
2011-02-17 11:11:01
China's central bank said Wednesday it will use various currency tools to increase funding for drought relief in major wheat growing regions.
Suntech Power wins $80m UN contract
2011-02-17 11:07:21
Suntech Power Holdings Co announced that it signed an agreement on Wednesday with a Chinese supplier of the United Nations for producing more than $80 million worth of solar power equipment.
China's FDI up 23.4 % in January
2011-02-17 10:45:53
The amount of foreign direct investment(FDI) into China rose 23.4 percent in January year on year to $10.03 billion.
China reports $35.5b of hot money inflow in 2010
2011-02-17 17:36:17
China's State Administration of Foreign Exchange (SAFE) announced Thursday that $35.5 billion of hot money flowed into the country in 2010, accounting for 7.6 percent of the increase in its foreign reserves for that year.
Apple admits to toxic chemicals at China plant
2011-02-17 10:37:58
Apple Inc officially admitted on Feb 16 that 137 Chinese workers "suffered adverse health effects" from exposure to a toxic chemical in cleaning agents used at one of its factories in China.
SMEs facing financial strains in Wenzhou
2011-02-17 10:13:46
Small- and medium-size enterprises (SMEs) in Wenzhou are faced with severe cash-flow problems as they find it hard to access bank loans or personal loans due to tight lending policies.
China to launch yuan options trading
2011-02-17 09:38:14
China will launch yuan options trading, the government said on Wednesday, a market that will help pave the way for a more flexible exchange rate but will be limited in scope at first.
Property developers raising cash abroad
2011-02-17 09:59:27
China's major property developers have been stepping up their efforts to raise funds overseas in response to a gradually tightened cash flow, as the government's tightening real estate measures are expected to lead to a big drop in transactions.
Gamesa powers up Chinese wind projects
2011-02-17 10:27:07
Gamesa SA, a global leader in wind turbine manufacture and wind-farm development, said on Wednesday that it has signed contracts with China Guangdong Nuclear Wind Power Group and China Huadian New Energy Development Co.
ZTE renews efforts to win US contracts
2011-02-17 10:05:19
ZTE Corp, China's second-biggest maker of phone-network equipment, will renew attempts to bid for contracts in the United States after it said opposition from the US government foiled the signing of a previous deal with Sprint Nextel Corp.
Review of foreign takeovers won't hurt investment
2011-02-17 09:34:54
China's new rules for reviewing proposed foreign takeovers of Chinese companies on grounds of national security will not affect the country's long-held policy to encourage foreign investment, the country's top economic planning agency said on Wednesday.
China unloads more US debt holdings
2011-02-17 09:29:34
China reduced its holdings of US treasury bonds in December for the second straight month, but analysts said it is market-based short-term move and would not substantially change the country's foreign exchange reserves basket.