China / Economy

Maserati recalls defective autos in China

[2013-12-02 20:06]

China's quality watchdog said on Monday that Italian luxury car maker Maserati has recalled 25 vehicles imported to the Chinese mainland due to a defective generator wiring harness.

Diesel exports up 78.6 percent

[2013-12-02 20:03]

China’s weakening demand for domestic diesel for transportation and industrial use has fueled a spike in exports, according to Platts, the international commodities information provider.

Moody's: China banking system outlook stable

[2013-12-02 19:52]

The outlook for China's banking system is stable and will remain in line with their rating levels in the next 12-18 months, Moody’s Investors Service said on Monday.

E-commerce boom brings phishing to China

[2013-12-02 19:00]

China detected an increasing number of online scams taking advantage of the e-commerce boom to swindle netizens.

China's CSR to supply Malaysian light rail

[2013-12-02 18:44]

A subsidiary of China's leading railway car manufacturer CSR Corporation Ltd. has gained a new order for light rail trains from Malaysia, CSR Zhuzhou Electric Locomotive said Monday.

China's South East Motor recalls V3 Lingyue

[2013-12-02 18:28]

South East Motor, an automotive joint venture between the Chinese mainland and Taiwan, will recall 171,093 defective V3 Lingyue, China's quality watchdog announced on Monday.

China-UK trade 'to reach $16.39b by 2015'

[2013-12-02 13:33]

Vice-Premier Wang Yang pledged on Monday to increase China-UK trade to at least 100 billion yuan ($16.39 billion) by 2015, envisioning broader cooperation and less restrictions.

IPOs to resume after a yearlong freeze

[2013-12-01 01:06]

China will resume initial public offerings, and a reform plan on new listings has been carried out to boost the country's stock market over the long term.

Kashgar to provide duty-free shopping

[2013-11-30 19:43]

Kashgar will start providing duty-free shopping from 2015 as the Xinjiang city tries to build itself as a trade hub in Central Asia.

Man given life imprisonment for Ponzi scheme

[2013-11-30 16:30]

A man has been sentenced to life in prison for orchestrating a Ponzi scheme involving more than 30 million yuan ($4.9 million), a court in Southeast China's Zhejiang province said on Saturday.

China rejects imported US transgenic corn

[2013-11-30 01:11]

China's quality watchdog said on Friday that China has recently rejected 60,000 tonnes of corn imports from the United States which contains unapproved transgenic content.

Cities issue new housing policies

[2013-11-30 00:23]

Local governments are issuing new property curbs as soaring housing markets put their 2013 price-rise targets ever further beyond reach.

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