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  • First regional bank opens in Tibet

    2012-05-22 17:28

    The first regional bank of Tibet opened its doors for business Tuesday, and will focus on making it easier for small- and medium-businesses obtain loans.

  • Wanda buys US cinema chain AMC

    2012-05-22 07:47

    The transaction marked the largest overseas cultural investment of a domestic private enterprise and it also strengthened Wanda's global status as an owner of movie theater chains.

  • Ex-tycoon spared capital punishment

    2012-05-22 01:44

    An ex-tycoon, convicted of illegal fundraising, had her death sentence commuted by the High People's Court in East China's Zhejiang province on Monday.

  • Growth needs new horizons: trade chief

    2012-05-22 01:38

    China should 'focus more on Asian and emerging markets' for greater export success.

  • Details of Wenzhou reform due soon

    2012-05-21 22:00

    The central government may officially issue detailed plans for Wenzhou's financial reforms as early as this month.

  • Alibaba, Yahoo reach $7b deal

    2012-05-21 21:55

    China's e-commerce giant Alibaba Group Holding Ltd on Monday announced it would buy back some 20 percent of its equity from Yahoo.

  • Delisting rule change mulled for stock exchanges

    2012-05-21 20:26

    Sunday brought to a close a consultation period for making suggestions about the rules that will govern delistings on the Shanghai and Shenzhen stock exchanges, according to China National Radio.

  • Online luxury sales booming

    2012-05-21 20:25

    China's online luxury market is likely to surpass 20 billion yuan ($3.17 billion) this year.

  • Alibaba, Yahoo reach $7b deal

    2012-05-21 19:41

    The Alibaba Group announced Monday it will spend about $7 billion in repurchasing up to one-half of its major shareholder Yahoo.

  • Private fundraising still vexes Wenzhou

    2012-05-21 19:01

    The number of legal cases concerning private fundraising increased by 89 percent year-on-year in Wenzhou

  • Foxconn to build Apple production line in E China

    2012-05-21 17:32

    Foxconn Technology Group will invest $210 million to build an Apple production line in October in east China's Jiangsu province, local authorities announced Monday.

  • Morgan cuts China growth forecast to 8.5%

    2012-05-21 13:36

    Morgan Stanley announced Monday it has adjusted forecast of China's GDP growth to 8.5 percent this year from the earlier forecast of 9 percent.

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