Business / Top News

Mergers and acquisitions expanding across the nation's technology sector

[2014-09-02 07:20]

Data from Dealogic show that acquisitions led by Chinese technology firms reached $25.6 billion by last Tuesday, compared with $9.3 billion during the same period last year.

Factory slowdown signals further weakness

[2014-09-02 07:20]

China's manufacturing sector slowed more than estimated in August, suggesting the economy is losing momentum.

Manufacturing activity moderates, prompting more support policies

[2014-09-01 14:18]

Growth in China's manufacturing sector moderated slightly in August, a sign of subdued momentum in the country's economic recovery.

China's final HSBC PMI falls to three-month low in August

[2014-09-01 13:42]

The final HSBC/Markit Purchasing Managers' Index (PMI) retreated to 50.2 in August, roughly in line with a preliminary reading of 50.3.

China August PMI eases to 51.1

[2014-09-01 10:32]

Growth in China's manufacturing sector slightly moderated in August, a sign of subdued momentum in the economic recovery, new data showed Monday.

China's industrial profit up 13% in July

[2014-08-28 15:34]

China's industrial profit in July grew by 13.5 percent over a year to 482.3 billion yuan ($78.51 billion), 4.4 percentage point lower than that of June.

China's industrial profits improve in Jan-July

[2014-08-28 10:35]

Chinese industrial businesses saw faster growth in profits in the first seven months this year, with a year-on-year increase of 11.7 percent during the period.

Moutai shows stable performance in H1

[2014-08-29 16:41]

Kweichow Moutai Group Co Ltd, based in Renhuai, Guizhou province, reported steady sales in the first six months of 2014 on Thursday.

Moutai, Wuliangye report decline in H1 profits

[2014-08-29 13:28]

China's two biggest liquor makers, Kweichow Moutai and Wuliangye, reported declines in profits in the first half of this year, partly due to a government crackdown on lavish spending.

China Minsheng Bank profit rises 11.4% in H1

[2014-08-29 10:21]

China Minsheng Bank reported its net profit in the first half of 2014 rose 11.4 percent year-on-year to 25.57 billion yuan ($4.15 billion).

China Life half-year profit rises 13.6%

[2014-08-28 10:36]

China Life Insurance Company, the country's largest insurer, reported profits for the first half of the year grew 13.6 percent year-on-year to 18.4 billion yuan ($3 billion).

Air China half-year profit plunges 57.6%

[2014-08-27 09:26]

China's flagship carrier Air China said Tuesday its net profit slumped 57.6 percent year-on-year to $77 million in the first half of 2014.

Provincial GDP again surpasses national data

[2014-09-04 14:39]

For the 10th consecutive year, the figures released by local officials do not match the numbers calculated by the China's central government.

China Mobile profit falls 8.5%

[2014-08-14 17:07]

The net profit of China Mobile, the world's largest mobile operator by subscribers, fell 8.5 percent year on year to 57.74 billion yuan ($9.4 billion) in the first half of 2014.

Lenovo profits jump 23% on smartphones

[2014-08-14 17:04]

Lenovo Group said Thursday its net profits for the second quarter rose 23 percent to $214 million on strong growth in sales of smartphones and other mobile devices.

Chinese institutions issue nearly 200b in interbank CDs

[2014-08-16 17:13]

Chinese financial institutions have issued nearly $32.5 billion in certificates of deposit on the interbank market since December.

China banks' bad loans slightly up

[2014-08-16 13:20]

The ratio of non-performing loans for commercial banks in China climbed to 1.08 percent by the end of June, up 0.04 of a percentage point from the end of March, official data showed.

Chinese foreign currency transactions drop in July

[2014-08-16 10:25]

China exchanged less foreign currency with the renminbi in July, resulting in smaller forex surplus for the month, China's foreign exchange regulator said Friday.

China bond sales down in July

[2014-08-16 10:00]

China's new bond offerings shrank 4.3 percent year on year to 911 billion yuan ($150 billion) in July, the country's central bank revealed on Friday.

China's service trade deficit grows

[2014-08-22 10:06]

China's deficit from trade in services expanded in July to $15.3 billion, its greatest level in 2014, the State Administration of Foreign Exchange (SAFE) said on Thursday.